---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-216672"
form_type: "8-K"
ticker: "NTRS"
cik: "0000073124"
company_name: "NORTHERN TRUST CORP"
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:45:28.292628+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Northern Trust announces five senior leadership changes effective Oct 1, 2024

## Summary
- Peter B. Cherecwich becomes COO (new role); Teresa Parker defers retirement to serve as President - Asset Servicing.
- Steven L. Fradkin named Vice Chairman; Jason Tyler moves from CFO to President - Wealth Management.
- David W. Fox, Jr. appointed CFO, moving from President of Global Family & Private Investment Offices.
- CEO Michael O'Grady says changes support 'One Northern Trust' strategy for growth and resiliency.

## SEC filing metadata
- accession: 0001193125-24-216672
- form_type: 8-K
- ticker: NTRS
- cik: 0000073124
- company_name: NORTHERN TRUST CORP
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/73124/000119312524216672/0001193125-24-216672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/73124/000119312524216672/d868217d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-216672
- JSON: https://secwatch.observer/filing/0001193125-24-216672.json
- Plain text: https://secwatch.observer/filing/0001193125-24-216672.txt

## Key facts
- Executive change
  Steven L. Fradkin was appointed as Vice Chairman at NORTHERN TRUST CORP.
  - Action: appointed
  - Role: Vice Chairman
  source text: • Steven L. Fradkin, currently President – Wealth Management, will become Vice Chairman;
  evidence_url: https://www.sec.gov/Archives/edgar/data/73124/000119312524216672/0001193125-24-216672-index.htm
- Executive change
  Teresa A. Parker was appointed as President – Asset Servicing at NORTHERN TRUST CORP.
  - Action: appointed
  - Role: President – Asset Servicing
  source text: • Teresa A. Parker, who had most recently served as President – Europe, Middle East, and Africa, will become President –Asset Servicing;
  evidence_url: https://www.sec.gov/Archives/edgar/data/73124/000119312524216672/0001193125-24-216672-index.htm
- Executive change
  David W. Fox, Jr. was appointed as Chief Financial Officer at NORTHERN TRUST CORP.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: • David W. Fox, Jr., currently President – Global Family & Private Investment Offices, will become Chief Financial Officer;
  evidence_url: https://www.sec.gov/Archives/edgar/data/73124/000119312524216672/0001193125-24-216672-index.htm
- Executive change
  Jason J. Tyler was appointed as President – Wealth Management at NORTHERN TRUST CORP.
  - Action: appointed
  - Role: President – Wealth Management
  source text: • Jason J. Tyler, currently Chief Financial Officer, will become President – Wealth Management;
  evidence_url: https://www.sec.gov/Archives/edgar/data/73124/000119312524216672/0001193125-24-216672-index.htm
- Executive change
  Peter B. Cherecwich was appointed as Chief Operating Officer at NORTHERN TRUST CORP.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: • Peter B. Cherecwich, currently President – Asset Servicing, will become Chief Operating Officer;
  evidence_url: https://www.sec.gov/Archives/edgar/data/73124/000119312524216672/0001193125-24-216672-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.