Michael G. O'Grady
2021
In 2021, Michael G. O'Grady earned a total compensation of $10.4M as Chairman and Chief Executive Officer at Northern Trust, a 14% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $144,932 |
|---|---|
| Non-Equity Incentive Plan | $2,500,000 |
| Salary | $950,000 |
| Stock Awards | $6,825,124 |
| Other | $29,177 |
| Total | $10,449,233 |
O'Grady received $6.8M in stock awards, accounting for 65% of the total pay in 2021.
O'Grady also received $144.9K of change in pension value and nonqualified deferred compensation earnings, $2.5M in non-equity incentive plan, $950K in salary and $29.2K in other compensation.
Rankings
In 2021, Michael G. O'Grady's compensation ranked 975th out of 12,415 executives tracked by ExecPay. In other words, O'Grady earned more than 92.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 975 out of 12,415 | 92nd |
Division Finance, Insurance, And Real Estate | 149 out of 2,276 | 94th |
Major group Depository Institutions | 24 out of 1,000 | 98th |
Industry group Commercial Banks | 23 out of 800 | 97th |
Industry State Commercial Banks | 10 out of 512 | 98th |
Source: SEC filing on March 17, 2022.
O'Grady's colleagues
We found four more compensation records of executives who worked with Michael G. O'Grady at Northern Trust in 2021.