CHICAGO--(BUSINESS WIRE)--Shundrawn Thomas, president of Northern Trust Asset Management, a leading global asset management firm with $1 trillion in assets under management, has been named one of “2020’s Most Influential Black Executives in Corporate America” by Savoy, the foremost African American business and lifestyle magazine.
According to Savoy, individuals selected are “an elite representation of African-American men and women who have been recognized for their executive and business leadership in national and global-leading corporations.” They were “selected based upon their exemplary record of accomplishments and influence while working to better their community and inspire others.”
As described by L.P. Green, II, Publisher of Savoy, “These innovative trailblazers have led efforts to foster growth for some of the country's highest-performing companies throughout and beyond the US market.”
Savoy described Thomas as “highly respected by professional colleagues and industry leaders.” He has been instrumental in advancing Northern Trust Asset Management’s diversity and inclusion efforts through his belief in leading by example. This includes further increasing the firm’s diversity and inclusion profile by appointing four additional women or minorities to its Investment Management Executive Committee, which now has 11 women and minorities out of 15 members. In addition to leading Northern Trust Asset Management, Thomas serves as a member of the Management Group for Northern Trust Corporation.
“We are delighted that Shundrawn has been recognized by Savoy for his work in and outside Northern Trust,” Northern Trust Chairman and Chief Executive Officer Michael O’Grady said. “Throughout his career he has inspired countless individuals not only through his professional work, but also through mentoring and community involvement. His work in promoting diversity and inclusion encompasses a full range of underrepresented groups including minorities, women, veterans, and disabled individuals.”
Thomas is highly involved in his Chicago community, which is his hometown and the headquarters of Northern Trust. He is a trustee for the Museum of Science & Industry, Rush University Medical Center, and Wheaton College. He is a sought-after speaker, media commentator, and the author of four books. Leadership, strategy, investment management, and professional development are among the topics he addresses.
Prior to joining Northern Trust, Thomas served in leadership positions at both Goldman Sachs and Morgan Stanley. He received a B.S. degree in accounting from Florida A&M University and an MBA from the University of Chicago Booth School of Business. He has completed executive education programs in corporate strategy at Chicago Booth School of Business and corporate governance at the University of Notre Dame Mendoza School of Business.
The complete list of those honored by Savoy is in its Spring issue, which is available at www.savoynetwork.com/shop and newsstands worldwide. The selection committee includes the Savoy editorial board and community leaders with representatives from the academic and business arenas. The selection process begins by examining the landscape of spheres of influence impacting Savoy's readership including: corporate sector influence, scholastic achievement, career growth, community outreach and recognition. The information received from over 500 prospective candidates in diverse fields was pre-screened by the selection committee.
Savoy magazine is a national publication covering the power, substance and style of African American lifestyle. From entertainment to sports, business to politics, design to style, Savoy is a cultural catalyst for the African American community that showcases and drives positive dialogue on and about Black culture. Savoy is published quarterly and distributed via subscriptions and newsstands worldwide.
About Northern Trust Asset Management
Northern Trust Asset Management is a global investment manager that helps investors navigate changing market environments, so they can confidently realize their long-term objectives. Entrusted with more than $1 trillion of investor assets, we understand that investing ultimately serves a greater purpose and believe investors should be compensated for the risks they take — in all market environments and any investment strategy. That’s why we combine robust capital markets research, expert portfolio construction and comprehensive risk management to craft innovative and efficient solutions that deliver targeted investment outcomes. As engaged contributors to our communities, we consider it a great privilege to serve our investors and our communities with integrity, respect, and transparency.
Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.
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 a global presence with offices in 21 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2019, Northern Trust had assets under custody/administration of US $12.1 trillion, and assets under management of US $1.2 trillion. For more than 130 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/united-states/terms-and-conditions.