E. Scott Santi
2013
In 2013, E. Scott Santi earned a total compensation of $9.2M as President and Chief Executive Officer at Illinois Tool Works, a 120% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $796,370 |
|---|---|
| Non-Equity Incentive Plan | $2,256,800 |
| Option Awards | $2,999,998 |
| Salary | $1,000,000 |
| Stock Awards | $2,087,779 |
| Other | $65,506 |
| Total | $9,206,453 |
Santi received $3M in option awards, accounting for 33% of the total pay in 2013.
Santi also received $796.4K of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $1M in salary, $2.1M in stock awards and $65.5K in other compensation.
Rankings
In 2013, E. Scott Santi's compensation ranked 480th out of 12,286 executives tracked by ExecPay. In other words, Santi earned more than 96.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 480 out of 12,286 | 96th |
Division Manufacturing | 142 out of 4,612 | 97th |
Major group Industrial And Commercial Machinery And Computer Equipment | 16 out of 397 | 96th |
Industry group General Industrial Machinery And Equipment | 1 out of 86 | 99th |
Source: SEC filing on March 20, 2015.
Santi's colleagues
We found five more compensation records of executives who worked with E. Scott Santi at Illinois Tool Works in 2013.
2013
David Parry
Illinois Tool Works
Chairman
2013
Ronald Kropp
Illinois Tool Works
Chief Financial Officer
2013
Craig Hindman
Illinois Tool Works
Executive Vice President
2013
Roland Martel
Illinois Tool Works
Executive Vice President
2013
Michael Larsen
Illinois Tool Works