Northern Trust Names General Counsel

Northern Trust Corporation (Nasdaq: NTRS) announced today that Susan C. Levy has been appointed Executive Vice President and General Counsel.

Levy will report to Chairman and Chief Executive Officer Frederick H. Waddell and will serve on Northern Trust’s Management Group and Operating Group. Her appointment at Northern Trust will be effective May 1, 2014, subject to Board approval.

Levy has served as the Managing Partner of Jenner & Block since July 2008, has advised clients related to complex business litigation, and has served as lead trial counsel in state and federal matters and international arbitrations.

Levy succeeds Kelly R. Welsh, who stepped down from his position April 4 after his confirmation by the United States Senate to serve as General Counsel of the U.S. Department of Commerce.

“While we are sad to see Kelly Welsh leave after years of outstanding contributions to the company, Susan Levy is a superb successor as Northern Trust General Counsel,” Waddell said. “Susan has achieved a distinguished career as a highly respected lawyer, counselor and business leader. In addition to legal expertise, she brings tremendous judgment and business acumen to her new role. We look forward to Susan joining Northern Trust’s senior management team as a member of the Management and Operating groups.”

Levy serves on Jenner & Block’s Policy Committee and chairs the firm’s Management Committee. She is past chair of the firm’s Women’s Forum. She is a board member of the Attorneys’ Liability Assurance Society Ltd. (ALAS) and serves on the Advisory Board for Harvard Law School's Center on Lawyers and the Professional Services Industry.

Levy received her J.D. from Harvard University and her B.A. magna cum laude from Cornell University.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 states, Washington, D.C., and 18 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2013, Northern Trust had assets under custody of US$5.6 trillion, and assets under investment management of US$884.5 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com or follow us on Twitter @NorthernTrust.