What changed
Northern Trust Chief Financial Officer Dave Fox has announced his retirement and intends to remain in the role through the end of the first quarter of 2027 to support an orderly transition. The company plans a comprehensive internal and external search for its next CFO, with Fox expected to continue leading Finance during the transition. Fox joined Northern Trust in 2012 and previously spent more than 25 years at JPMorgan. As of June 30, 2026, Northern Trust had assets under custody/administration of US$20.0 trillion and assets under management of US$2.0 trillion.