Illinois Tool Works Management
Management criteria checks 4/4
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 R$82.73M. The average tenure of the management team and the board of directors is 4.9 years and 11.2 years respectively.
Key information
Chris O’Herlihy
Chief executive officer
US$6.9m
Total compensation
| CEO salary percentage | 13.3% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 4.9yrs |
| Board average tenure | 11.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$7m | US$920k | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$7m | US$885k | US$3b |
| Sep 30 2022 | n/a | n/a | US$3b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$7m | US$854k | US$3b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$5m | US$821k | US$2b |
| Sep 30 2020 | n/a | n/a | US$2b |
| Jun 30 2020 | n/a | n/a | US$2b |
| Mar 31 2020 | n/a | n/a | US$2b |
| Dec 31 2019 | US$5m | US$786k | US$3b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 31 2018 | US$5m | US$747k | US$3b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$5m | US$667k | US$2b |
Compensation vs Market: Chris's total compensation ($USD6.90M) is about average for companies of similar size in the BR market ($USD5.71M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris O’Herlihy (60 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$6.90m | 0.018% R$ 82.7m | |
| Senior VP & CFO | 11.3yrs | US$6.22m | 0.016% R$ 73.1m | |
| Senior VP & Chief Human Resources Officer | 10.2yrs | US$3.03m | 0.0090% R$ 41.7m | |
| Executive Vice President of Food Equipment | 4.9yrs | US$2.86m | 0.0010% R$ 4.8m | |
| VP & Chief Accounting Officer | 15.3yrs | no data | 0.0033% R$ 15.4m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 3.9yrs | no data | 0.00044% R$ 2.0m | |
| Executive Vice President of Specialty Products | 4.9yrs | no data | 0.0022% R$ 10.1m | |
| Executive Vice President of Welding | 4.9yrs | no data | 0.0020% R$ 9.3m | |
| Executive Vice President of Construction Products | 2.9yrs | no data | 0.00061% R$ 2.8m | |
| Executive Vice President of Test | 2.9yrs | no data | 0.00050% R$ 2.3m | |
| Executive Vice President | less than a year | no data | 0.00059% R$ 2.7m |
4.9yrs
Average Tenure
55yo
Average Age
Experienced Management: I1TW34's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$6.90m | 0.018% R$ 82.7m | |
| Independent Director | 16.8yrs | US$361.44k | 0.0027% R$ 12.3m | |
| Lead Independent Director | 10.3yrs | US$404.94k | 0.0015% R$ 6.9m | |
| Independent Director | 12.8yrs | US$348.69k | 0.0026% R$ 12.0m | |
| Independent Director | 30.9yrs | US$343.69k | 0.015% R$ 71.9m | |
| Independent Director | 15yrs | US$353.69k | 0.13% R$ 619.3m | |
| Independent Director | 12.8yrs | US$338.69k | 0.0057% R$ 26.5m | |
| Non-Executive Chairman | 12.1yrs | US$22.51m | 0.084% R$ 389.9m | |
| Independent Director | 3.6yrs | US$323.69k | no data | |
| Independent Director | 2.3yrs | US$338.69k | 0.00054% R$ 2.5m | |
| Independent Director | 8.3yrs | US$342.44k | 0.0076% R$ 35.3m | |
| Independent Director | less than a year | no data | 0.00026% R$ 1.2m |
11.2yrs
Average Tenure
63.5yo
Average Age
Experienced Board: I1TW34's board of directors are seasoned and experienced ( 11.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 08:21 |
| End of Day Share Price | 2024/11/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Illinois Tool Works Inc. is covered by 43 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Richard Radbourne | Atlantic Equities LLP |
| Mircea Dobre | Baird |