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Northern Trust Names Jeff Alexander to Head The Northern Trust Company, Canada

1. Jeff Alexander appointed as President and CEO of Northern Trust Canada. 2. Canada is a critical market with over 150 clients across provinces. 3. Alexander brings 30 years of financial services experience to his role. 4. He succeeds Katie Pries, enhancing leadership focus on Canadian operations. 5. Northern Trust has a strong heritage in providing asset servicing solutions.

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Why Bullish?

The appointment of an experienced leader like Alexander in Canada signifies Northern Trust's commitment to enhancing its market position. Historical examples show that strong leadership in key markets often correlates with stock price appreciation.

How important is it?

The news directly affects Northern Trust's strategic leadership and market focus in Canada, which is significant for investors looking at growth in this sector.

Why Long Term?

The leadership shift hints at strategic enhancement in Canadian operations, likely beneficial over a longer period. For instance, previous leadership changes in companies like JPMorgan led to sustained performance improvements.

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TORONTO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that Jeff Alexander has joined as President and CEO of The Northern Trust Company, Canada, and Principal Officer of the affiliated The Northern Trust Company, Canada Branch based in Toronto.Canada is a strategically important market for Northern Trust, which has more than 150 clients across eight provinces and two territories.Share In his new role, Alexander will lead the asset servicing business in Canada, including relationships with clients and regulators. Canada is a strategically important market for Northern Trust, which has more than 150 clients across eight provinces and two territories. Alexander reports to Melanie Pickett, Head of Asset Servicing, Americas and, as a director, to the Board of Directors of The Northern Trust Company, Canada. “At Northern Trust, we are deeply committed to our Canadian clients and their unique needs,” Pickett said. “Jeff brings extensive experience in asset servicing, with expertise built through consulting with hundreds of global clients. That experience will serve him well in this role. We are thrilled to welcome Jeff and are confident he will be a strong leader for our Canada team and an asset to our clients.” With more than 30 years of experience, Alexander has considerable knowledge of the Canadian financial services landscape and regulatory environment. Most recently, he was part of the executive leadership team at TELUS Health, a global pension and benefits consultancy, where he was the National Custody Practice Lead and National Growth Lead. During his tenure, he built strong relationships with key clients, worked with regulators, and participated in industry boards. Prior to this, Alexander held senior executive positions in client servicing, marketing, and sales at CIBC Mellon and Montreal Trust Company of Canada. Alexander succeeds Katie Pries, who has led Northern Trust in Canada since 2020 and will take on a newly created global role focused on Northern Trust’s anti-money laundering processes. Northern Trust has more than three decades of experience in providing an extensive range of innovative asset servicing solutions to meet the unique needs of institutional investors and investment managers in Canada. With a rich heritage and intricate understanding of the Canadian landscape, Northern Trust Canada is able to provide meaningful insights and strategic perspectives to market participants. About Northern Trust Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2025, Northern Trust had assets under custody/administration of US$16.9 trillion, and assets under management of US$1.6 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn. Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions. The Northern Trust Company, Canada is continued under the Trust and Loan Companies Act (Canada) and The Northern Trust Company, Canada Branch is an authorized foreign bank branch under the Bank Act (Canada). Northern Trust Canada, Head Office: 145 King Street West – Suite 1910, Toronto, Ontario, Canada M5H 1J8.

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