– USA, IL – Northern Trust (Nasdaq: NTRS) announced the appointments of Bob Moritz and Rick Petrino to its board of directors.
Bob Moritz will join the Northern Trust Board of Directors effective March 1, 2025, while Rick Petrino will join effective immediately.
“I am pleased to welcome Bob and Rick to the Northern Trust Board of Directors,” said Chairman and CEO, Mike O’Grady. “They each bring strategic, global perspectives and deep financial expertise that will be highly relevant to Northern Trust as it continues to serve our clients as a trusted financial partner. I am confident their leadership will contribute to Northern Trust’s continued success.”
About Robert Moritz
As PwC global chairman, Bob Moritz led the international network’s leadership teams, set strategy, and enhanced the PwC brand through service to its stakeholders and clients. Before becoming global chairman in 2016, he served in a variety of leadership roles including U.S chairman and senior partner; U.S. Assurance leader and managing partner for the New York region; and leader of the U.S. Financial Services Audit and Business Advisory practice, which included the banking, capital markets, insurance, investment management, and real estate sectors. Bob Moritz also spent three years with PwC Japan, providing audit and advisory services to European and U.S.-based financial services organizations in Asia.
Bob Moritz is a member of the Walmart (NYSE: WMT) board of directors. He is a member of the International Business Council of the World Economic Forum and a director of the Oswego University Foundation, as well as a member of the board of Generation Unlimited.
About Richard Petrino
Rick Petrino held several leadership roles during his nearly three decades at American Express Company, most recently serving as COO of American Express National Bank, where he was a member of the American Express Executive Committee, responsible for steering the company’s strategic direction and key policies. Before that, his roles included: EVP, corporate controller, and CAO; SVP, CORO, and global head of oversight; and senior vice president and head of global capital markets, and treasury.
In addition to his executive roles, Rick Petrino was previously a member of the boards of directors of Global Business Travel Group (NYSE: GBTG) and the American Express National Bank.
About Northern Trust
Northern Trust Corporation is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East, and the Asia-Pacific region. As of September 30, 2024, Northern Trust had assets under custody/administration of US$17.4 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity, and innovation.
For more: https://www.northerntrust.com
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