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Northern Trust Press Release


Northern Trust Adds to Wealth Management Leadership Team in New York


25-year industry veteran named Managing Director of Development for the Northeast Region


NEW YORK CITY, September 24, 2012 —

Northern Trust announced today that Randall S. Burkert has been named Managing Director of Development for the Northeast Region. Based in New York, Burkert will have direct oversight of new business development in the Northeast, including Boston, New York City and Washington, D.C. Burkert is a member of the Northern Trust's regional Executive Leadership Group.

Before joining Northern Trust, Burkert spent two and a half years as head of Hirtle, Callaghan & Co.'s New York City office, which he helped establish. Prior to that, he spent two decades at Goldman Sachs as a managing director in the Securities Division. Burkert was one of the original members of the Goldman Sachs Trust Company and served on the institutional sales team. He later co-founded and headed the Global Institutional Group.

Burkert began his financial career in public accounting and earned his CPA while working at PricewaterhouseCoopers. Before making his move to financial services, he was an NBA draft choice by the Philadelphia 76ers and played basketball professionally in Argentina.

Burkert earned his bachelor's degree from Drexel University and his M.B.A. from the Wharton School of the University of Pennsylvania. He is a member of the Drexel University Board of Trustees and is Chairman of the Dean's Advisory Board at the LeBow College of Business. Burkert also serves on the board of the Abingdon Theatre Company of New York City.

Randall S. Burkert will be based at Northern Trust's New York office:

65 East 55th Street
24th Floor
New York, NY 10022

Northern Trust's Personal Financial Services is a premier wealth management firm that specializes in goals-based financial advice. We offer clients fresh perspectives and creative thinking, backed by cutting-edge technology and a strong fiduciary ethos. Northern Trust is ranked among the top 10 U.S. wealth managers with $175.9 billion in assets under management as of June 30, 2012, and more than 70 offices across the United States and abroad.

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 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2012, Northern Trust had assets under custody of US$4.6 trillion, and assets under investment management of US$704.3 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.