E. Scott Santi
2021
In 2021, E. Scott Santi earned a total compensation of $20.8M as Chairman & Chief Executive Officer at Illinois Tool Works, a 48% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $766,558 |
|---|---|
| Non-Equity Incentive Plan | $7,410,625 |
| Option Awards | $6,174,959 |
| Salary | $1,350,000 |
| Stock Awards | $4,887,030 |
| Other | $198,450 |
| Total | $20,787,622 |
Santi received $7.4M in non-equity incentive plan, accounting for 36% of the total pay in 2021.
Santi also received $766.6K of change in pension value and nonqualified deferred compensation earnings, $6.2M in option awards, $1.4M in salary, $4.9M in stock awards and $198.5K in other compensation.
Rankings
In 2021, E. Scott Santi's compensation ranked 301st out of 12,415 executives tracked by ExecPay. In other words, Santi earned more than 97.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 301 out of 12,415 | 98th |
Division Manufacturing | 89 out of 5,508 | 98th |
Major group Industrial And Commercial Machinery And Computer Equipment | 10 out of 363 | 97th |
Industry group General Industrial Machinery And Equipment | 2 out of 84 | 98th |
Source: SEC filing on March 25, 2022.
Santi's colleagues
We found four more compensation records of executives who worked with E. Scott Santi at Illinois Tool Works in 2021.