David B. Speer
2011
In 2011, David B. Speer earned a total compensation of $12.5M as Past Chairman and Chief Executive Officer at Illinois Tool Works, a 12% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,751,708 |
|---|---|
| Non-Equity Incentive Plan | $2,184,605 |
| Option Awards | $5,053,697 |
| Salary | $1,166,990 |
| Stock Awards | $2,224,545 |
| Other | $117,822 |
| Total | $12,499,367 |
Speer received $5.1M in option awards, accounting for 40% of the total pay in 2011.
Speer also received $1.8M of change in pension value and nonqualified deferred compensation earnings, $2.2M in non-equity incentive plan, $1.2M in salary, $2.2M in stock awards and $117.8K in other compensation.
Rankings
In 2011, David B. Speer's compensation ranked 222nd out of 10,747 executives tracked by ExecPay. In other words, Speer earned more than 97.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 222 out of 10,747 | 98th |
Division Manufacturing | 72 out of 3,960 | 98th |
Major group Industrial And Commercial Machinery And Computer Equipment | 13 out of 414 | 97th |
Industry group General Industrial Machinery And Equipment | 2 out of 84 | 98th |
Source: SEC filing on March 22, 2013.
Speer's colleagues
We found four more compensation records of executives who worked with David B. Speer at Illinois Tool Works in 2011.