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The tournament became known as the Northern Trust Open, and the new partnership marks the beginning of a process of transformation for this high-profile tournament. As part of the initial move to enhance the tournament, the Northern Trust Open increased its purse to $6.2 million in 2008, an increase of $1 million over 2007.
In 2017, Chicago-based financial services company Northern Trust replaced Barclays, which had sponsored the tournament since 2005. [8] Northern Trust had previously been the title sponsor of the Los Angeles Open at Riviera for nine years, known as the "Northern Trust Open" from 2008 through 2016.
Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation .
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Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region.
Northern Trust's quarterly earnings allocated to common and potential common shares came in at $447 million, or $2.26 per share, up from $106.5 million, or 52 cents, a year earlier.
Northern Trust Open: California 6,400,000 Steve Stricker (8) 58 Feb 14 ... U.S. Open: California 7,500,000 Graeme McDowell (1) 100 Major championship: Jun 27
The following week at Riviera Country Club, Mickelson lost the Northern Trust Open in a three-way playoff. [55] He had held the lead or a share of it from day one until the back nine on Sunday when Bill Haas posted the clubhouse lead at seven under par. Mickelson holed a 27-foot birdie putt on the final regulation hole to force a playoff ...