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Northern Trust 8-K Report, Executive Changes (Oct 20, 2026)

Reports
Leadership Changes·Regulation FD·Exhibits & Filings
Filing Date
Filed October 20, 2026
Period End
October 20, 2026
Securities
NTRSNTRSO
In the record · 2016–202610-K1110-Q338-K118

NTRS filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 118 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Oct ’19Oct ’19
  2. Leadership change8-K · Sep ’25Sep ’25

01—Abstract

Summary

Summary of the 8-K filed October 20, 2026. Cited figures are marked; the original filing is the authoritative source.

Northern Trust Corporation (Nasdaq: NTRS) filed a Form 8-K on October 20, 2026 reporting the appointment of Rima Qureshi as a director of the Corporation and of its principal subsidiary, The Northern Trust Company, effective that day.

The Board appointed her to the Risk Committee and the Technology and Operations Committee. She will participate in the Non-Employee Director Compensation Plan and is eligible for the 2018 Deferred Compensation Plan for Non-Employee Directors, and will receive prorated equity awards through the 2027 Annual Meeting of Stockholders. The accompanying press release (Exhibit 99.1) describes Ms. Qureshi as former executive vice president and chief strategy officer of Verizon Communications Inc., where she joined in 2017.

Previously she spent 23 years at Ericsson, serving as chief strategy officer and later chief executive officer of Ericsson North America. The release notes more than 15 years of public company board experience, including 15 years on the board of Mastercard Incorporated, and current board seats at BT Group plc, Loblaw Companies Limited and Swift. Chairman and CEO Michael O'Grady said her telecommunications, technology and regulated-industry experience will be valuable as the company works to strengthen Northern Trust, serve clients and pursue long-term growth.

The filing contains no financial results or guidance. For context, the press release states that as of June 30, 2026, Northern Trust had assets under custody/administration of US$20.0 trilliona and assets under management of US$2.0 trillion.

02—Key points

Key Highlights

  1. Rima Qureshi appointed to the Board of Directors of Northern Trust Corporation and to the board of The Northern Trust Company, effective October 20, 2026.
  2. Ms. Qureshi named to the Board's Risk Committee and Technology and Operations Committee.
  3. Director compensation includes participation in the Non-Employee Director Compensation Plan, eligibility for the 2018 Deferred Compensation Plan for Non-Employee Directors, and prorated equity awards through the 2027 Annual Meeting of Stockholders.
  4. Ms. Qureshi previously served as executive vice president and chief strategy officer of Verizon Communications Inc. after 23 years at Ericsson.
  5. She brings more than 15 years of public company board experience, including 15 years on the Mastercard Incorporated board.
  6. Northern Trust reported assets under custody/administration of US$20.0 trillion and assets under management of US$2.0 trillion as of June 30, 2026.
  7. The appointment was announced in a press release furnished under Item 7.01 and not deemed filed under Section 18 of the Exchange Act.

03—Questions

Frequently Asked Questions

  1. Who was appointed to Northern Trust's Board?

    Rima Qureshi, former executive vice president and chief strategy officer of Verizon Communications Inc., was appointed as a director of Northern Trust Corporation and of The Northern Trust Company, effective October 20, 2026.

  2. What Board committees will Ms. Qureshi serve on?

    She was appointed to the Risk Committee and the Technology and Operations Committee of the Board, effective October 20, 2026.

  3. How will Ms. Qureshi be compensated?

    She will participate in the Non-Employee Director Compensation Plan and is eligible for the 2018 Deferred Compensation Plan for Non-Employee Directors. She will receive equity awards for service through the 2027 Annual Meeting of Stockholders, in an amount consistent with annual awards to non-employee directors, prorated for her effective date.

  4. What relevant experience does Ms. Qureshi bring?

    The press release cites nearly four decades in strategy, transformation and business building in global telecommunications and payments, including 23 years at Ericsson, where she was chief strategy officer and later CEO of Ericsson North America, and her time at Verizon from 2017. It also notes board service at Mastercard, BT Group, Loblaw Companies and Swift.

  5. Does this filing report financial results?

    No. The filing covers only the board appointment and the related press release. It states no earnings, revenue or guidance figures.

04—Continue

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