Northern Trust

Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Retrieved on: 
Wednesday, January 17, 2024

Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2024, to holders of record at 5:00 p.m., Chicago time, on March 8, 2024.

Key Points: 
  • Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on April 1, 2024, to holders of record at 5:00 p.m., Chicago time, on March 8, 2024.
  • Northern Trust Corporation also declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of $23.00 per depositary share), and $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), each payable on April 1, 2024, to holders of record at 5:00 p.m., Chicago time, on March 15, 2024.

Voya Financial announces leadership-succession plan for Voya Investment Management and new head of investments

Retrieved on: 
Wednesday, January 10, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today that Christine Hurtsellers, chief executive officer (CEO) of Voya Investment Management (IM), has informed the company of her decision to retire later this year.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today that Christine Hurtsellers, chief executive officer (CEO) of Voya Investment Management (IM), has informed the company of her decision to retire later this year.
  • Toms has also joined Voya Financial’s Executive Committee and will now report to Heather Lavallee, CEO, Voya Financial.
  • View the full release here: https://www.businesswire.com/news/home/20240109707414/en/
    Voya Financial, Inc., announced today that Christine Hurtsellers, chief executive officer of Voya Investment Management, has informed the company of her decision to retire later this year.
  • Equally important, Eric’s approach to money management aligns fully with the collaborative approach of our investment professionals at Voya IM.

Acadian Asset Management Appoints Kelly Young as Chief Executive Officer

Retrieved on: 
Wednesday, December 20, 2023

Acadian Asset Management (“Acadian” or “the Firm”) today announced that its Executive Committee has unanimously appointed Kelly Young as Chief Executive Officer, effective today.

Key Points: 
  • Acadian Asset Management (“Acadian” or “the Firm”) today announced that its Executive Committee has unanimously appointed Kelly Young as Chief Executive Officer, effective today.
  • Young will retain her seat on the Acadian Executive Committee.
  • Ted Noon will succeed Kelly as Chief Marketing Officer at Acadian.
  • The rest of Acadian’s leadership team will remain in place, including Brendan Bradley as Executive Vice President, Chief Investment Officer.

David M. Findlay Appointed Chairman of the Board of Lake City Bank and Lakeland Financial Corporation

Retrieved on: 
Tuesday, November 14, 2023

WARSAW, Ind., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank announced today that David M. Findlay has been appointed as Chairman of the Board of the bank and holding company.

Key Points: 
  • WARSAW, Ind., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), and Lake City Bank announced today that David M. Findlay has been appointed as Chairman of the Board of the bank and holding company.
  • Findlay will assume the role of Chairman in addition to his current responsibilities as Chief Executive Officer of both organizations.
  • Augsburger joined the boards of Lake City Bank and Lakeland Financial Corporation in 2011.
  • The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).

Northern Trust Appointed to Provide Integrated Trading Solutions to Waverton Investment Management

Retrieved on: 
Thursday, December 14, 2023

Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) today announces that its Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management (Waverton), an independent investment manager providing services for private and professional clients.
  • Northern Trust is supporting the trading of equities, derivatives and fixed income assets as Waverton’s sole provider of trading services.
  • Northern Trust continually innovates and invests in technology in support of its clients, delivering a differentiated approach to trading that includes ITS, offered through Institutional Brokerage.
  • Both are part of Northern Trust Capital Markets, which also provides foreign exchange, securities lending and transition management services.

Northern Trust Reappointed Asset Servicing Provider for the CAD 103 Billion Healthcare of Ontario Pension Plan

Retrieved on: 
Wednesday, December 13, 2023

Northern Trust (Nasdaq: NTRS) announced today that it has been reappointed as asset servicing provider for the CAD 103 billion Healthcare of Ontario Pension Plan (HOOPP), including global custody, foreign exchange and securities lending services.

Key Points: 
  • Northern Trust (Nasdaq: NTRS) announced today that it has been reappointed as asset servicing provider for the CAD 103 billion Healthcare of Ontario Pension Plan (HOOPP), including global custody, foreign exchange and securities lending services.
  • HOOPP is one of the strongest and most stable defined benefit (DB) pension plans in Canada.
  • “We are proud that HOOPP renewed our longstanding partnership,” said Katie Pries, President and CEO of Northern Trust, Canada.
  • With a rich heritage and intricate understanding of the Canadian landscape, Northern Trust Canada is able to provide meaningful insights and strategic perspectives to market participants.

Northern Trust Appoints Wing Wilson Chief Fiduciary Officer, East Region

Retrieved on: 
Tuesday, December 12, 2023

Northern Trust has appointed Wing Wilson as Chief Fiduciary Officer, East Region, where she will lead the team in the delivery of fiduciary and advisory services to families, individuals and foundations.

Key Points: 
  • Northern Trust has appointed Wing Wilson as Chief Fiduciary Officer, East Region, where she will lead the team in the delivery of fiduciary and advisory services to families, individuals and foundations.
  • View the full release here: https://www.businesswire.com/news/home/20231212635719/en/
    In this role, Wilson, who will be based in New York City, will have fiduciary oversight across Northern Trust’s East region, spanning from Florida to the New England states.
  • Wilson has more than 15 years of experience in fiduciary services, including most recently as Director, Senior Regional Fiduciary Manager for BNY Mellon Wealth Management, where she led all aspects of fiduciary business for the broader New York region.
  • “Wing’s integrity and expertise in navigating the complex fiduciary issues facing ultra-high net worth families and individuals will benefit our clients and accelerate the growth of our fiduciary services across the region,” said Pam Lucina, Chief Fiduciary Officer for Northern Trust.

Broadstreet Names Chris Rakers to Lead Fast-growing Fund Administration Business

Retrieved on: 
Tuesday, December 12, 2023

Broadstreet Impact Services has named a seasoned fund solutions executive to lead its fund administration team as part of a multi-year strategy to continue the firm’s significant growth.

Key Points: 
  • Broadstreet Impact Services has named a seasoned fund solutions executive to lead its fund administration team as part of a multi-year strategy to continue the firm’s significant growth.
  • This week, Chris Rakers joined Broadstreet as managing director of fund administration following almost two decades leading tech-enabled fund operations for alternative investment managers.
  • He also served in various roles at Custom House Fund Services, including as chief operating officer, leading a global fund administration team across the US, Europe, and Asia.
  • “We are excited to add Chris’ remarkable range of fund administration experience to our existing impact investing expertise,” said Kevin Boes, CEO of Broadstreet.

Northern Trust Corporation to Webcast Fourth Quarter 2023 Earnings Conference Call

Retrieved on: 
Monday, December 11, 2023

Northern Trust Corporation announced today that it will webcast its fourth quarter 2023 earnings conference call live on Thursday, January 18, 2024.

Key Points: 
  • Northern Trust Corporation announced today that it will webcast its fourth quarter 2023 earnings conference call live on Thursday, January 18, 2024.
  • The webcast, the earnings press release, and related presentation materials will be accessible on Northern Trust’s website .
  • The call will be conducted at 8:00 a.m. (CT), following the release that morning of Northern Trust’s fourth quarter 2023 earnings press release.
  • A replay of the webcast will be available for approximately four weeks after the date of the call.

Climate Vault Announces Recipients of Carbon Champion Awards

Retrieved on: 
Monday, December 11, 2023

Climate Vault , an award-winning climate solutions leader, announced today the recipients of its first annual Carbon Champion award program.

Key Points: 
  • Climate Vault , an award-winning climate solutions leader, announced today the recipients of its first annual Carbon Champion award program.
  • Recipients represent a cross section of industries that are using Climate Vault to reduce and remove carbon emissions to make a verifiable impact on the planet.
  • “Our Carbon Champion recipients’ vital work, and those of all Climate Vault partners, demonstrates that it is possible for organizations to take credible, voluntary actions to reduce their carbon footprints.
  • Climate Vault is honored to work closely with our pioneering and industry leading partners.”
    Visit Climate Vault online to learn more about its verifiable and science-based approach to carbon reduction and removal.