Illinois Tool Works Inc.

WBAG:ITW Stock Report

Market Cap: €69.3b

Illinois Tool Works Management

Management criteria checks 3/4

Illinois Tool Works' CEO is Chris O’Herlihy, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $6.90M, comprised of 13.3% salary and 86.7% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth €12.19M. The average tenure of the management team and the board of directors is 4.3 years and 10.5 years respectively.

Key information

Chris O’Herlihy

Chief executive officer

US$6.9m

Total compensation

CEO salary percentage13.3%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure4.3yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Chris O’Herlihy's remuneration changed compared to Illinois Tool Works's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$7mUS$920k

US$3b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$7mUS$885k

US$3b

Sep 30 2022n/an/a

US$3b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$7mUS$854k

US$3b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$2b

Dec 31 2020US$5mUS$821k

US$2b

Sep 30 2020n/an/a

US$2b

Jun 30 2020n/an/a

US$2b

Mar 31 2020n/an/a

US$2b

Dec 31 2019US$5mUS$786k

US$3b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$3b

Dec 31 2018US$5mUS$747k

US$3b

Sep 30 2018n/an/a

US$2b

Jun 30 2018n/an/a

US$2b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$5mUS$667k

US$2b

Compensation vs Market: Chris's total compensation ($USD6.90M) is above average for companies of similar size in the Austrian market ($USD4.43M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


CEO

Chris O’Herlihy (59 yo)

less than a year

Tenure

US$6,898,841

Compensation

Mr. Christopher A. O Herlihy, also known as Chris, had been the Vice Chairman of Illinois Tool Works Inc. since 2015 until January 01, 2024 and serves as its President and Chief Executive Officer and Board...


Leadership Team

NamePositionTenureCompensationOwnership
Christopher O’Herlihy
Presidentless than a yearUS$6.90m0.018%
$ 12.2m
Michael Larsen
Senior VP & CFO10.6yrsUS$6.22m0.016%
$ 10.8m
Mary Lawler
Senior VP & Chief Human Resources Officer9.5yrsUS$3.03m0.0087%
$ 6.0m
Axel R. Beck
Executive Vice President of Food Equipment4.3yrsUS$2.86m0.0010%
$ 707.2k
Randall Scheuneman
VP & Chief Accounting Officer14.7yrsno data0.0033%
$ 2.3m
Karen Fletcher
Vice President of Investor Relations6.2yrsno datano data
Jennifer Schott
Senior VP3.3yrsno datano data
Michael Zimmerman
Executive Vice President of Polymers & Fluids9.3yrsUS$2.99m0.0052%
$ 3.6m
Kenneth Escoe
Executive Vice President of Specialty Products4.3yrsno data0.0022%
$ 1.5m
Sharon Szafranski
Executive Vice President of Welding4.3yrsno data0.0020%
$ 1.4m
Javier Carbonell
Executive Vice President of Construction Products2.3yrsno data0.00060%
$ 416.0k
Patricia Hartzell
Executive Vice President of Test2.3yrsno data0.00050%
$ 346.7k

4.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: ITW's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher O’Herlihy
Presidentless than a yearUS$6.90m0.018%
$ 12.2m
Pamela Strobel
Independent Director16.2yrsUS$361.44k0.0030%
$ 2.1m
Richard Lenny
Lead Independent Director9.7yrsUS$404.94k0.0015%
$ 1.0m
James Griffith
Independent Director12.1yrsUS$348.69k0.0026%
$ 1.8m
Susan Crown
Independent Director30.3yrsUS$343.69k0.015%
$ 10.6m
David H. Smith
Independent Director14.3yrsUS$353.69k0.13%
$ 91.0m
Daniel Brutto
Independent Director12.2yrsUS$338.69k0.0054%
$ 3.7m
E. Santi
Non-Executive Chairman11.4yrsUS$22.51m0.084%
$ 58.4m
Darrell Ford
Independent Director2.9yrsUS$323.69kno data
Kelly Grier
Independent Director1.6yrsUS$338.69k0.00034%
$ 235.7k
Jay Henderson
Independent Director7.7yrsUS$342.44k0.0072%
$ 5.0m
Jaime Irick
Independent Directorless than a yearno datano data

10.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: ITW's board of directors are seasoned and experienced ( 10.5 years average tenure).


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