E. Scott Santi
2019
In 2019, E. Scott Santi earned a total compensation of $15.4M as Chairman & CEO at Illinois Tool Works, a 13% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $666,086 |
|---|---|
| Non-Equity Incentive Plan | $4,755,524 |
| Option Awards | $5,749,974 |
| Salary | $1,315,000 |
| Stock Awards | $2,874,971 |
| Other | $78,790 |
| Total | $15,440,345 |
Santi received $5.7M in option awards, accounting for 37% of the total pay in 2019.
Santi also received $666.1K of change in pension value and nonqualified deferred compensation earnings, $4.8M in non-equity incentive plan, $1.3M in salary, $2.9M in stock awards and $78.8K in other compensation.
Rankings
In 2019, E. Scott Santi's compensation ranked 317th out of 13,971 executives tracked by ExecPay. In other words, Santi earned more than 97.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 317 out of 13,971 | 98th |
Division Manufacturing | 111 out of 5,701 | 98th |
Major group Industrial And Commercial Machinery And Computer Equipment | 14 out of 466 | 97th |
Industry group General Industrial Machinery And Equipment | 1 out of 91 | 99th |
Source: SEC filing on March 27, 2020.
Santi's colleagues
We found four more compensation records of executives who worked with E. Scott Santi at Illinois Tool Works in 2019.