Northern Trust announced today that Mark Flagg is retiring as President of Dallas after nine years in the role and over 30 years with the company. David Key, who previously served as Managing Director in Northern Trust’s Houston market, has been named Flagg’s successor.
“David is a team player with a demonstrated ability to build relationships, lead the way and deliver results,” said Colter Lewis, President of Texas at Northern Trust Wealth Management. “David’s enthusiasm, skill, vision and community service will be a great addition to our strong Dallas business.”
Key assumes his new role with nearly 30 years of wealth management experience in Texas. He joined Northern Trust as a managing director in 2015 and led his team to consistently high rankings with clients while spearheading various strategic growth initiatives.
Key is heavily involved in the community and his membership includes CYCLE Houston, YES Prep Public Schools, Yellowstone Academy and The Pro-Vision Academy. He serves on the Board of The Lighthouse of Houston where he is on the Executive Committee and chairs the Finance Committee. He received his bachelor’s degree from Stephen F. Austin State University in Nacogdoches, Texas.
Flagg is a native of Texas and has over 30 years of experience serving the financial community in Dallas and Houston. He was named as Dallas Market President in 2010. Flagg served roles in numerous charitable and civic organizations, including the Boy Scouts, Salvation Army, Dallas Opera, Dallas Symphony, Dallas Citizen’s Council and the Baylor University Hankamer School of Business Advisory Board. He earned both his bachelor’s and master’s degrees at Baylor University.
Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses. It is recognized for its innovative technology, service excellence and depth of expertise and ranks among the top 10 U.S. wealth managers, with $278.6 billion in assets under management as of December 31, 2018. 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 a global presence with offices in 20 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2018, Northern Trust had assets under custody/administration of US$10.1 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.