Steve "Mac" MacLellan is the President and Chief Executive Officer of the Central Region for Northern Trust's Personal Financial Services (PFS) business. In this capacity he is responsible for leading the region's investment management, banking and fiduciary business for Northern Trust's offices in Illinois, Ohio, Michigan, Minnesota, Wisconsin and Missouri. In addition, MacLellan is a member of the Northern Trust Operating Group, the Northern Trust Personal Financial Services Executive Committee and is a board member of Northern Trust Securities Inc.
Prior to his current role, MacLellan was the CEO and Global Head of Business Practices and Client Segments for Northern Trust's PFS business. In that capacity, he oversaw PFS's professional business practices (investment management, private banking, personal trust and advisory services) as well as PFS's core client segments (Wealth Advisory, Private Client Services, and Foundations & Institutional Services). He was also responsible for the business unit's sales and marketing functions. Prior to assuming this role, MacLellan served as President and CEO for Northern Trust's PFS business in the Southwest Region (Arizona, Texas and Colorado). And prior to that assignment he served as National Director of Wealth Advisory Services.
Prior to joining Northern Trust, Mike spent 14 years with Fifth Third Bank, most recently as Manager of the Investment Advisors Division for Northeastern Ohio. In that position, Mike had responsibility for Personal Trust, Private Banking, Investment Management, Fifth Third Securities, Inc. and Institutional Client services. He was also a member of the Senior Management Team and Chairman of the Trust and Investment Committee.
Prior to Fifth Third, Mike worked with Bank One in the Private Banking Group. He started his career in the Management Development Program of National City Bank, where he worked in a variety of areas before becoming a District Account Officer.
Mike earned his Bachelor’s degree in Economics from The Ohio State University. He is a General Securities Representative and General Securities Principal. Mike is a board member of The Cleveland Zoological Society, where he co-chairs the Corporate Committee and is currently Vice Chairman of the African Elephant Crossing Capital Campaign. He serves on the Southwest Community Health Foundation Board and the Business Volunteers Unlimited Board. He is Director Emeriti of The Boys and Girls Clubs of Cleveland and serves on the Executive Committee. He is also Vice Chairman of the annual campaign for The Ohio Foundation of Independent Colleges, in the Cleveland area.