Illinois Tool Works Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
E. Santi
Chief executive officer
US$22.2m
Total compensation
| CEO salary percentage | 6.3% |
| CEO tenure | 11yrs |
| CEO ownership | 0.07% |
| Management average tenure | 7.3yrs |
| Board average tenure | 11.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$22m | US$1m | 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$21m | US$1m | 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$14m | US$1m | 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$15m | US$1m | 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$18m | US$1m | 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$17m | US$1m | US$2b |
| Sep 30 2017 | n/a | n/a | US$2b |
| Jun 30 2017 | n/a | n/a | US$2b |
| Mar 31 2017 | n/a | n/a | US$2b |
| Dec 31 2016 | US$15m | US$1m | US$2b |
Compensation vs Market: E.'s total compensation ($USD22.23M) is above average for companies of similar size in the MX market ($USD5.70M).
Compensation vs Earnings: E.'s compensation has been consistent with company performance over the past year.
CEO
E. Santi (61 yo)
11yrs
Tenure
US$22,234,230
Compensation
Mr. E. Scott Santi has been the Chief Executive Officer of Illinois Tool Works Inc. since November 2012 and had been its President since October 2012 until 2015. Mr. Santi served as the Chief Operating Off...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11yrs | US$22.23m | 0.075% $ 932.5m | |
| Senior VP & CFO | 10.2yrs | US$6.21m | 0.013% $ 163.9m | |
| Senior VP & Chief Human Resources Officer | 9.1yrs | US$3.04m | 0.0074% $ 92.4m | |
| Vice Chairman | 8.8yrs | US$6.62m | 0.015% $ 186.9m | |
| Executive Vice President of Polymers & Fluids | 8.8yrs | US$2.99m | 0.0043% $ 53.4m | |
| VP & Chief Accounting Officer | 14.3yrs | no data | 0.0029% $ 36.8m | |
| Vice President of Investor Relations | 5.8yrs | no data | no data | |
| Senior VP | 2.8yrs | no data | no data | |
| Executive Vice President of Specialty Products | 3.8yrs | no data | 0.0016% $ 19.9m | |
| Executive Vice President of Food Equipment | 3.8yrs | no data | 0.00053% $ 6.6m | |
| Executive Vice President of Welding | 3.8yrs | no data | 0.0014% $ 18.1m | |
| Executive Vice President of Construction Products | 1.8yrs | no data | 0.00051% $ 6.4m |
7.3yrs
Average Tenure
56.5yo
Average Age
Experienced Management: ITW *'s management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11yrs | US$22.23m | 0.075% $ 932.5m | |
| Independent Director | 15.8yrs | US$345.43k | 0.0030% $ 37.5m | |
| Lead Independent Director | 9.3yrs | US$375.93k | 0.0014% $ 18.1m | |
| Independent Director | 11.7yrs | US$304.93k | 0.0025% $ 31.5m | |
| Independent Director | 29.8yrs | US$324.93k | 0.015% $ 188.9m | |
| Independent Director | 13.9yrs | US$334.93k | 0.13% $ 1.6b | |
| Independent Director | 11.8yrs | US$304.93k | 0.0053% $ 66.4m | |
| Independent Director | 2.5yrs | US$304.93k | no data | |
| Independent Director | 1.2yrs | US$56.82k | 0.00027% $ 3.4m | |
| Independent Director | 7.3yrs | US$304.93k | 0.0070% $ 87.7m |
11.3yrs
Average Tenure
65.5yo
Average Age
Experienced Board: ITW *'s board of directors are seasoned and experienced ( 11.3 years average tenure).