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Northern Trust Announces Wealth Management Leadership Changes By Staff 4 weeks ago CHICAGO–(BUSINESS WIRE)–Northern Trust announced today a number of changes to serve the evolving needs of its clients: affluent individuals and families, family offices, foundations, endowments, and privately held businesses. John Fumagalli will transition from his responsibilities as President of Northern Trust’s business in Florida and assume the role of President of the Central Region, effective March 1. He will relocate to Chicago where he will oversee the firm’s investment management, banking, and fiduciary business for Northern Trust’s offices in the region. Mac MacLellan, current President of the Central Region, will retire after an outstanding record of service during 13 years with Northern Trust. ....