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 $13.60M. 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
A Look At The Intrinsic Value Of Illinois Tool Works Inc. (NYSE:ITW)
Dec 12
If EPS Growth Is Important To You, Illinois Tool Works (NYSE:ITW) Presents An Opportunity
Nov 29Illinois Tool Works: Customer-Back Innovation And Improving Macros To Drive Upside
Nov 27Illinois Tool Works: Stagnant Growth May Hinder This Stock
Nov 11Illinois Tool Works Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Nov 02Illinois Tool Works (NYSE:ITW) Has A Pretty Healthy Balance Sheet
Oct 31Some Confidence Is Lacking In Illinois Tool Works Inc.'s (NYSE:ITW) P/E
Oct 16Illinois Tool Works (NYSE:ITW) Could Become A Multi-Bagger
Oct 01What Is Illinois Tool Works Inc.'s (NYSE:ITW) Share Price Doing?
Sep 15Illinois Tool Works: Maintaining Returns In A Transition Period
Sep 09Estimating The Fair Value Of Illinois Tool Works Inc. (NYSE:ITW)
Aug 31Illinois Tool Works: Expect Sequential Improvements In Q2, But Stock Still Looks Pricey
Jul 24Illinois Tool Works: Valuation Suggests More Pain To Come
Jul 16Earnings Not Telling The Story For Illinois Tool Works Inc. (NYSE:ITW)
Jul 12Is Illinois Tool Works (NYSE:ITW) A Risky Investment?
Jun 21Is It Time To Consider Buying Illinois Tool Works Inc. (NYSE:ITW)?
Jun 06We Like Illinois Tool Works' (NYSE:ITW) Returns And Here's How They're Trending
May 21Illinois Tool Works: Attractively Valued With Good Growth Prospects
May 17Illinois Tool Works Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 03Calculating The Intrinsic Value Of Illinois Tool Works Inc. (NYSE:ITW)
Apr 08Illinois Tool Works: Underwhelming Growth Prospects Clash With Strong Financials
Mar 26At US$260, Is It Time To Put Illinois Tool Works Inc. (NYSE:ITW) On Your Watch List?
Mar 04Does Illinois Tool Works (NYSE:ITW) Have A Healthy Balance Sheet?
Feb 17Illinois Tool Works: Coasting Well, But Tighten Your Seat Belts
Jan 08There's Reason For Concern Over Illinois Tool Works Inc.'s (NYSE:ITW) Price
Jan 08Should You Be Adding Illinois Tool Works (NYSE:ITW) To Your Watchlist Today?
Dec 25Illinois Tool Works Is A Fascinating Dividend King
Oct 29Illinois Tool Works: Good Growth Prospects And A Reasonable Valuation
Sep 17Illinois Tool Works: Quality Business Model, But Limited Upside Potential
Jul 12Illinois Tools Works: Right Time To Have This High Margin Company In Your Portfolio
Jun 23Illinois Tool Works: A Dividend King Near All-Time Highs
Jun 09Illinois Tool Works Inc. declares $1.31 dividend
Feb 10Illinois Tool Works Non-GAAP EPS of $2.34 misses by $0.19, revenue of $3.97B beats by $70M, initiates FY earning outlook above consensus
Feb 02Illinois Tool Works: A Dividend King To Buy At The Right Price
Jan 27Illinois Tool Works: A Dividend King Worth Buying
Jan 20CEO 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 below average for companies of similar size in the US market ($USD12.88M).
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% $ 13.6m | |
| Senior VP & CFO | 11.3yrs | US$6.22m | 0.016% $ 12.0m | |
| Senior VP & Chief Human Resources Officer | 10.2yrs | US$3.03m | 0.0090% $ 6.8m | |
| Executive Vice President of Food Equipment | 4.9yrs | US$2.86m | 0.0010% $ 787.2k | |
| VP & Chief Accounting Officer | 15.3yrs | no data | 0.0033% $ 2.5m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 3.9yrs | no data | 0.00044% $ 336.3k | |
| Executive Vice President of Specialty Products | 4.9yrs | no data | 0.0022% $ 1.7m | |
| Executive Vice President of Welding | 4.9yrs | no data | 0.0020% $ 1.5m | |
| Executive Vice President of Construction Products | 2.9yrs | no data | 0.00061% $ 466.2k | |
| Executive Vice President of Test | 2.9yrs | no data | 0.00050% $ 382.1k | |
| Executive Vice President | less than a year | no data | 0.00059% $ 450.9k |
4.9yrs
Average Tenure
55yo
Average Age
Experienced Management: ITW'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% $ 13.6m | |
| Independent Director | 16.8yrs | US$361.44k | 0.0027% $ 2.0m | |
| Lead Independent Director | 10.3yrs | US$404.94k | 0.0015% $ 1.1m | |
| Independent Director | 12.8yrs | US$348.69k | 0.0026% $ 2.0m | |
| Independent Director | 30.9yrs | US$343.69k | 0.015% $ 11.8m | |
| Independent Director | 15yrs | US$353.69k | 0.13% $ 101.8m | |
| Independent Director | 12.8yrs | US$338.69k | 0.0057% $ 4.3m | |
| Non-Executive Chairman | 12.1yrs | US$22.51m | 0.084% $ 64.1m | |
| Independent Director | 3.6yrs | US$323.69k | no data | |
| Independent Director | 2.3yrs | US$338.69k | 0.00054% $ 412.7k | |
| Independent Director | 8.3yrs | US$342.44k | 0.0076% $ 5.8m | |
| Independent Director | less than a year | no data | 0.00026% $ 198.7k |
11.2yrs
Average Tenure
63.5yo
Average Age
Experienced Board: ITW'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 | 2024/12/22 02:42 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Management | 10 years |
| |
| 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 |