Michael M. Larsen
2016
In 2016, Michael M. Larsen earned a total compensation of $4.3M as Senior Vice President & CFO at Illinois Tool Works, a 28% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,623,675 |
|---|---|
| Option Awards | $899,999 |
| Salary | $702,152 |
| Stock Awards | $899,965 |
| Other | $130,909 |
| Total | $4,256,700 |
Larsen received $1.6M in non-equity incentive plan, accounting for 38% of the total pay in 2016.
Larsen also received $900K in option awards, $702.2K in salary, $900K in stock awards and $130.9K in other compensation.
Rankings
In 2016, Michael M. Larsen's compensation ranked 2,030th out of 14,075 executives tracked by ExecPay. In other words, Larsen earned more than 85.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,030 out of 14,075 | 86th |
Division Manufacturing | 696 out of 5,489 | 87th |
Major group Industrial And Commercial Machinery And Computer Equipment | 67 out of 459 | 85th |
Industry group General Industrial Machinery And Equipment | 8 out of 88 | 91st |
Source: SEC filing on March 24, 2017.
Larsen's colleagues
We found four more compensation records of executives who worked with Michael M. Larsen at Illinois Tool Works in 2016.