E. Scott Santi
2014
In 2014, E. Scott Santi earned a total compensation of $12M as Chairman & Chief Executive Officer at Illinois Tool Works, a 30% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,399,394 |
|---|---|
| Non-Equity Incentive Plan | $3,466,420 |
| Option Awards | $3,399,993 |
| Salary | $1,083,525 |
| Stock Awards | $2,549,931 |
| Other | $100,015 |
| Total | $11,999,278 |
Santi received $3.5M in non-equity incentive plan, accounting for 29% of the total pay in 2014.
Santi also received $1.4M of change in pension value and nonqualified deferred compensation earnings, $3.4M in option awards, $1.1M in salary, $2.5M in stock awards and $100K in other compensation.
Rankings
In 2014, E. Scott Santi's compensation ranked 369th out of 13,032 executives tracked by ExecPay. In other words, Santi earned more than 97.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 369 out of 13,032 | 97th |
Division Manufacturing | 136 out of 4,966 | 97th |
Major group Industrial And Commercial Machinery And Computer Equipment | 17 out of 430 | 96th |
Industry group General Industrial Machinery And Equipment | 1 out of 96 | 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 2014.