Northern Trust Announces Southern California Leadership Succession
Aug. 30, 2018
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Aug 30, 2018--Northern Trust announced today that Betty Mower-Potalivo is retiring as President of Orange County after 18 years. Orange County Managing Director Mark Hardtke will be promoted to Orange County President effective September 1, 2018.
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Betty Mower-Potalivo (Photo: Business Wire)
“Betty has made an invaluable impact on our partners and clients in Southern California,” said Steven Bell, President of the West Region at Northern Trust. “I express my sincere appreciation for her remarkable contributions to our clients and dedicated service to the firm.
“We are delighted to welcome Mark into an expanded role in Orange County,” Bell continued. “His leadership and clear vision for the future of the market will build on the success that the team has established and continues to garner.”
Hardtke assumes his new role with nearly 30 years of wealth management experience in Orange County. He moved to the area from Chicago in 1989 to help build and establish Northern Trust’s presence in the market. Hardtke joined Northern Trust in Chicago in 1983 as an Associate in Estate Administration and eventually became a Trust Advisor. Over the years, he graduated from the National Trust School and Graduate Trust School at Northwestern University and earned his Certified Financial Services Counselor and Certified Trust and Financial Advisor designations. He eventually served as the market’s Senior Fiduciary Officer, and currently serves as Managing Director for the Orange County office.
He is heavily involved in the community and currently serves as a director of the Hoag Hospital Foundation and is immediate Past President of the Orange County Youth Sports Foundation. Hardtke is a graduate of Valparaiso University and earned a master’s degree from DePaul University.
Potalivo is a native of California and has over 28 years of experience serving the financial community in Southern California. She began her career at Bank of the West in 1990 and assumed a variety of roles, eventually being named President of Northern Trust Orange County in 2000. She received a bachelor’s degree in business and finance from the Marshall School of Business at the University of Southern California.
Potalivo’s involvement in the community expands beyond Northern Trust and she has been recognized with numerous awards for her efforts. Her current membership includes the Girl Scout Council of Orange County, Chapman University Board of Governors, Orange County United Way, SoCal PBS and the Ocean Institute.
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 $287 billion in assets under management as of June 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 June 30, 2018, Northern Trust had assets under custody/administration of US$10.7 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.
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CONTACT: Northern Trust Corporation
Alaina Kleinman, (312) 444-4065
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA ILLINOIS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Northern Trust Corporation
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PUB: 08/30/2018 10:00 AM/DISC: 08/30/2018 10:01 AM