AI English summary of an SEC filing — figures as filed
Northern Trust NTRSNorthern Trust said on October 20, 2026 that its board appointed Rima Qureshi as a director of Northern Trust and of its principal subsidiary, The Northern Trust Company. The company said it also assigned her to the Risk Committee and the Technology and Operations Committee on the same date.
Key points
AI summaryNorthern Trust said on October 20, 2026 that its board appointed Rima Qureshi as a director of Northern Trust and of its principal subsidiary, The Northern Trust Company. The company said it also assigned her to the Risk Committee and the Technology and Operations Committee on the same date.
The company said Qureshi will participate in the Non-Employee Director Compensation Plan and is eligible to participate in the 2018 Deferred Compensation Plan for Non-Employee Directors. It explained that she will receive an equity award as part of her compensation through the 2027 Annual Meeting of Stockholders, consistent with awards granted annually to non-employee directors and prorated from her appointment date.
In a press release, the company said Qureshi is a former executive vice president and chief strategy officer of Verizon Communications Inc. and joined Verizon in 2017. It described her as having worked at Ericsson for 23 years before Verizon, where she served as chief strategy officer and later as chief executive officer of Ericsson North America.
The company said Qureshi has more than 15 years of public company board experience and spent 15 years on the board of Mastercard Incorporated. It also said she currently serves on the boards of BT Group plc, Loblaw Companies Limited and Swift.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Northern Trust Names Rima Qureshi to Board and Committees
Northern Trust said on October 20, 2026 that its board appointed Rima Qureshi as a director of Northern Trust and of its principal subsidiary, The Northern Trust Company. The company said it also assigned her to the Risk Committee and the Technology and Operations Committee on the same date.
Source · Based on the filing body and exhibits
Non-Employee Director Pay and Equity Award Terms
The company said Qureshi will participate in the Non-Employee Director Compensation Plan and is eligible to participate in the 2018 Deferred Compensation Plan for Non-Employee Directors. It explained that she will receive an equity award as part of her compensation through the 2027 Annual Meeting of Stockholders, consistent with awards granted annually to non-employee directors and prorated from her appointment date.
Source · Based on the filing body and exhibits
Qureshi's Career and Board Experience
In a press release, the company said Qureshi is a former executive vice president and chief strategy officer of Verizon Communications Inc. and joined Verizon in 2017. It described her as having worked at Ericsson for 23 years before Verizon, where she served as chief strategy officer and later as chief executive officer of Ericsson North America.
Source · Based on the filing body and exhibits
Qureshi's Current and Past Board Roles
The company said Qureshi has more than 15 years of public company board experience and spent 15 years on the board of Mastercard Incorporated. It also said she currently serves on the boards of BT Group plc, Loblaw Companies Limited and Swift.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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