(NASDAQ:NTRS) CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today that Michael Hunstad has been appointed as President of Northern Trust Asset Management (NTAM), effective immediately, replacing Daniel Gamba. Hunstad will join Northern Trust’s Management Group and report to Chief Executive Officer Michael O’Grady. Since joining NTAM in 2012, Hunstad has held a range of senior leadership roles including most recently serving as Global Co-Chief Investment Officer. He was responsible for ove
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How will the appointment of Michael Hunstad as President of NTAM influence Northern Trust's asset management strategy and profitability?
What immediate market reaction can be expected for NTRS stock following this leadership change?
Does this leadership transition signal any strategic shifts that could affect Northern Trust's competitive positioning within the financial services industry?