logo
Share SHARE
FONT-SIZE Plus   Neg

Northern Trust Vice Chairman Sherry Barrat To Retire - Quick Facts

Northern Trust Corp. (NTRS) announced that its Vice Chairman and Management Group member Sherry Barrat will retire at the end of June.

Northern Trust Head of Human Resources Tim Moen will assume the role of Chief Administrative Officer, effective May 2. Tim will continue to oversee Human Resources and the Corporate Services Group and continue serving on the Management Group, reporting to Waddell.

Biff Bowman, Executive Vice President and Head of the Americas for Corporate & Institutional Services (C&IS), will succeed Moen as Head of Human Resources and join the Management Group. Bowman has been with Northern Trust for nearly 27 years serving in a number of senior leadership roles including Managing Director of Northern Trust's Guernsey operation and Chief Executive Officer of EMEA.

David Fox Jr. will replace Bowman as the new head of the Americas for C&IS, effective May 2. Fox joins Northern Trust from JPMorgan Chase, where he served most recently as Vice Chairman of Investment Banking.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents. Non-traditional discount and variety stores operator Big Lots Inc. (BIG) Friday reported a decline in net profit for the second quarter, while net sales grew 1.2 percent from the prior year. Comparable sales for the quarter increased 2.8 percent. Google has rejected the European Union's charges that it abused its market power and the demanded that it change the way it ranks online comparison shopping services in its search results, setting up a potentially long legal battle with the EU regulator empowered to levy billions of euros in fines
comments powered by Disqus
RELATED NEWS
Trade NTRS now with 
Follow RTT