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Frederick H. Waddell

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  • Northern Trust CEO, COO pay rises in 2014

    Northern Trust CEO, COO pay rises in 2014
    Northern Trust Chief Executive Officer Rick Waddell earned $9.9 million in cash and stock last year, up 4 percent from what the Chicago-based financial services firm paid him in 2013.
  • Ex-McDonald's CEO Thompson named to Northern Trust board

    Don Thompson, who recently retired as chief executive of struggling McDonald's, has joined the board of directors of Chicago-based financial services provider Northern Trust. "He brings deep management and board experience from the perspective of...

    Chicago banks, investment firms join forces to boost minority hiring

    Chicago banks, investment firms join forces to boost minority hiring
    As the nation gets more diverse, 13 financial services firms with operations in the Chicago area have joined together to look for ways to get more black and Latino workers into their industry. The group, called the Financial Services Pipeline, will hold...

    Highest paid bank CEOs list includes local executive

    Highest paid bank CEOs list includes local executive
    The 10 highest-paid U.S. bank CEOs include top managers at Wells Fargo & Co., Capital One Financial Corp. and … FirstMerit Corp.? Topping the list assembled by SNL Financial was John Stumpf of Wells Fargo, whose total compensation in 2013 was $19....

    Chicago misses out in AbbVie-Calico pharma deal

     Chicago misses out in AbbVie-Calico pharma deal
    A few days ago, Calico, a Google-backed biotech company, announced that it would build a California-based research and development facility to invent new drugs to combat diseases afflicting the elderly. Half of the initial $500 million investment...