Northern Trust Corporation : Northern Trust Strengthens Asset Servicing Sales in U.S. Western States

Jeff Kearny Brings Consulting Expertise to Role

Northern Trust announced today it has hired Jeff Kearny to lead new business development for asset servicing in the Western United States. Kearny comes to Northern Trust with more than 15 years of investment consulting experience, focused on asset servicing and investment operations.

"Jeff Kearny has a strong record of success as a consultant for corporate pensions, defined-contribution retirement plans, insurance companies and not-for-profit institutions, and we are pleased to have him on our team," said Jon Dunham, director of North American sales for Corporate & Institutional Services at Northern Trust. "Jeff's depth of technical expertise, knowledge of current market best practices and innovative thinking give him a unique perspective that our clients and prospects will find informative and compelling."

Kearny joins Northern Trust from Korte & Associates Consulting, LLC, where he was a Partner and Managing Director of Consulting. Prior to joining Korte, he spent 12 years at Mercer, where he was a Principal and Senior Consultant and a founding member of Mercer's dedicated investment operations consulting unit, Mercer Sentinel Group. Kearny holds an MBA in Finance with distinction from the Kellstadt Graduate School of Business at DePaul University and a Bachelor's degree in Economics from Indiana University. He is a regular speaker at industry conferences and a contributor to industry publications pertaining to asset servicing, securities lending, and investment operations.

Kearny, a senior vice president, will focus on business development for institutional clients on the West Coast and in the Mountain States, including corporations, public pension funds, insurance companies and not-for-profit institutions. He reports to Dunham.

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.

North America & Asia-Pacific Contact:
Northern Trust
John O?Connell, +1 312 444 2388
jo45@ntrs.com
or
EMEA Contact:
Northern Trust
Camilla Greene, +44 (0) 207 982 2176
Camilla_Greene@ntrs.com
http://www.northerntrust.com

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