Northern Trust names new COO, CFO and Vice Chairman in leadership shake-up effective Oct. 1
Northern Trust announced a set of senior leadership changes, all effective October 1, 2024, including a newly created Chief Operating Officer role and a new Chief Financial Officer. The changes are framed by the company as part of its One Northern Trust strategy, and the filing discloses no financial results or guidance.
Key points
- Peter B. Cherecwich moves from President of Asset Servicing to the newly created Chief Operating Officer role.
- David W. Fox, Jr., currently President of Global Family & Private Investment Offices, becomes Chief Financial Officer; Jason J. Tyler moves from CFO to President of Wealth Management.
- Teresa Parker, who had planned to retire, will defer retirement and serve as President of Asset Servicing; Steven L. Fradkin becomes Vice Chairman.
- A successor to Fox as President of Global Family & Private Investment Offices will be named soon.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 10, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.