David B. Speer

2010

In 2010, David B. Speer earned a total compensation of $11.2M as Past Chairman and Chief Executive Officer at Illinois Tool Works, a 7% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,303,232
Non-Equity Incentive Plan$2,200,000
Option Awards$4,439,997
Salary$1,132,492
Stock Awards$2,030,770
Other$83,620
Total$11,190,111

Speer received $4.4M in option awards, accounting for 40% of the total pay in 2010.

Speer also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $2.2M in non-equity incentive plan, $1.1M in salary, $2M in stock awards and $83.6K in other compensation.

Rankings

In 2010, David B. Speer's compensation ranked 262nd out of 10,439 executives tracked by ExecPay. In other words, Speer earned more than 97.5% of executives.

ClassificationRankingPercentile
All
262
out of 10,439
98th
Division
Manufacturing
87
out of 3,838
98th
Major group
Industrial And Commercial Machinery And Computer Equipment
12
out of 386
97th
Industry group
General Industrial Machinery And Equipment
2
out of 76
97th
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 2010.

2010

Thomas Hansen

Illinois Tool Works

Chairman

2010

E Santi

Illinois Tool Works

Chief Executive Officer

2010

Philip Gresh

Illinois Tool Works

Executive Vice President

2010

Ronald Kropp

Illinois Tool Works

Chief Financial Officer

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