Press Release - December 14, 2018
Northern Trust (Nasdaq: NTRS) announced today that Michele Havens will succeed Steven Bell, President of the West Region, effective February 28, 2019, as Bell retires after 36 years with the company. The West Region encompasses offices in Arizona, California, Colorado, Nevada, Texas and Washington.
“We are delighted Michele will assume the leadership role over our thriving West Region,” said Northern Trust Wealth Management President Steven L. Fradkin. “She has a proven track record that has been integral to our accomplishments in the region. Her deep experience and uncompromising client focus will be key to the team’s continued growth and success.”
“Steve has made an invaluable impact on the expansion of our client base, the growth of our capabilities, and our legacy in the West Region,” said Fradkin. “We have been fortunate to have him serve in a variety of leadership capacities over the years and on behalf of Northern Trust, I express our sincere appreciation for his contributions and dedicated service.”
Havens assumes her new role with more than twenty years of wealth management experience. She joined Northern Trust in 2000 as a portfolio manager and served in several roles before she was appointed Pacific Northwest Region President in 2009. In 2012, she took on the role of President of the Los Angeles Region, and in 2018 was promoted to President of the Southern California Region, where she has been responsible for the investment management, trust, estate, private and business banking business. She is a member of Northern Trust's West Region Leadership Group. Havens received her bachelor’s degree from Boston College and an MBA from the UCLA Anderson School of Management, and holds a Certified Financial Planner® designation. She serves on the YPO Los Angeles Board of Directors and is the active Membership Chair. She also serves on the Board of Directors for United Way of Greater Los Angeles and the Jonathan Club.
Before assuming the role as West Region President, Bell served as the head of the Global Family & Private Investment Offices, a group that delivers advice for the wealthiest families and their private investment offices. During his career at Northern Trust, he ran the private banking business for Northern Trust Bank of California and served in a variety of leadership roles across the organization.
Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers, with $295.5 billion in assets under management as of September 30, 2018, and a wide network of wealth management offices across the United States.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
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 offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2018, Northern Trust had assets under custody/administration of US$10.8 trillion, and assets under management of US$1.1 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
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/disclosures.