# Michael O'Grady

> Michael G. O’Grady is the Chicago-based chairman and chief executive officer of Northern Trust. He joined as CFO in 2011 after an investment banking career at Merrill Lynch, led Corporate & Institutional Services, became president in 2017 and CEO in 2018, and added the chairmanship in 2019. His civic work includes leadership of the Commercial Club of Chicago and its Civic Committee and service to cultural and educational institutions.

- **Role:** Chairman and Chief Executive Officer at Northern Trust
- **Organizations:** Northern Trust, Merrill Lynch / Bank of America Merrill Lynch, Price Waterhouse, Commercial Club of Chicago, Civic Committee of the Commercial Club of Chicago, Federal Reserve Bank of Chicago, Museum of Contemporary Art Chicago, Field Museum, University of Notre Dame, Catholic Extension
- **Education:** BBA in Accountancy, University of Notre Dame, MBA, Harvard Business School
- **Known for:** Became Northern Trust’s tenth chief executive in 2018., Progressed from CFO to business president to corporate president and CEO at Northern Trust., Served as chair of the Museum of Contemporary Art Chicago’s board of trustees; listed as immediate past chair in 2025.

## Career timeline

- **Before 1992** — Worked at Price Waterhouse.
- **1992** — Joined Merrill Lynch.
- **2000–2011** — Managing Director in the Investment Banking Group at Merrill Lynch / Bank of America Merrill Lynch.
- **2011–2014** — Chief Financial Officer of Northern Trust.
- **2014–2016** — President of Northern Trust Corporate & Institutional Services.
- **2017** — Became Northern Trust president and joined its board.
- **2018** — Became Northern Trust CEO on January 1 and chair of the MCA Chicago board of trustees during the year.
- **2019** — Became Northern Trust chairman on January 23.
- **2025** — Succeeded Jennifer Scanlon as chair of the Commercial Club of Chicago and its Civic Committee.

## Achievements

- Became Northern Trust’s tenth chief executive in 2018.
- Progressed from CFO to business president to corporate president and CEO at Northern Trust.
- Served as chair of the Museum of Contemporary Art Chicago’s board of trustees; listed as immediate past chair in 2025.
- Led the strategic planning working group before becoming Commercial Club and Civic Committee chair.

## Latest updates

- **2026-10** — Northern Trust’s October 21 third-quarter announcement reported net income of $642.9 million and diluted EPS of $3.40; the newsroom reported September 30 AUC/A of $19.9 trillion and AUM of $2.0 trillion.
- **2026-09** — The Commercial Club and Civic Committee launched Growth for All, with O’Grady participating as chairman.
- **2026-03** — Northern Trust’s 2026 proxy statement continued to list him as chairman and CEO.

## Links

- Website: https://www.northerntrust.com/united-states/insights-research/corporate/experts/ogrady-g-michael
- LinkedIn: http://www.linkedin.com/in/michaeljogrady815

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Profile page: https://yespress.io/michael-ogrady
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Last updated: 2026-10-21