E. Scott Santi
2016
In 2016, E. Scott Santi earned a total compensation of $14.8M as Chairman & Chief Executive Officer at Illinois Tool Works, a 4% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,671,339 |
|---|---|
| Non-Equity Incentive Plan | $4,840,686 |
| Option Awards | $3,999,996 |
| Salary | $1,205,313 |
| Stock Awards | $2,999,974 |
| Other | $122,221 |
| Total | $14,839,529 |
Santi received $4.8M in non-equity incentive plan, accounting for 33% of the total pay in 2016.
Santi also received $1.7M of change in pension value and nonqualified deferred compensation earnings, $4M in option awards, $1.2M in salary, $3M in stock awards and $122.2K in other compensation.
Rankings
In 2016, E. Scott Santi's compensation ranked 249th out of 14,075 executives tracked by ExecPay. In other words, Santi earned more than 98.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 249 out of 14,075 | 98th |
Division Manufacturing | 79 out of 5,489 | 99th |
Major group Industrial And Commercial Machinery And Computer Equipment | 13 out of 459 | 97th |
Industry group General Industrial Machinery And Equipment | 1 out of 88 | 99th |
Source: SEC filing on March 24, 2017.
Santi's colleagues
We found four more compensation records of executives who worked with E. Scott Santi at Illinois Tool Works in 2016.