Jana Schreuder
Chief Operating Officer, Northern Trust

Jana Schreuder has long been one of Northern Trust's highest-ranking women and now she appears to be on the short list of potential successors to CEO Frederick Waddell.

On Sept. 1, Schreuder moved up from president of the wealth management unit to the company's chief operating officer, reporting directly to Waddell. She is the first female COO in Northern Trust's 125-year history.

Though Waddell, 61, has not announced plans to retire, it's worth noting that he served as COO immediately before being named CEO in 2008. So no doubt Schreuder's promotion will help boost her chances for moving into the corner office someday.

Prior to running wealth management — one of Northern Trust's two major business units — Schreuder oversaw operations and technology at the Chicago company, and before that she headed up risk management.

She has a reputation for delivering results too: the FT Group has named Northern Trust Wealth Management the best private bank in America in each of Schreuder's three years at the helm.

Her community activities include serving as a director and treasurer for the Chicago Public Education Fund Board, a nonprofit dedicated to improving the city's public schools, and a director of the Chicago Lyric Opera House, one of the country's leading opera companies.

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