Michael M. Larsen
2014
In 2014, Michael M. Larsen earned a total compensation of $3.5M as Senior Vice President & CFO at Illinois Tool Works, a 42% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,067,508 |
|---|---|
| Option Awards | $833,326 |
| Salary | $650,000 |
| Stock Awards | $833,290 |
| Other | $112,159 |
| Total | $3,496,283 |
Larsen received $1.1M in non-equity incentive plan, accounting for 31% of the total pay in 2014.
Larsen also received $833.3K in option awards, $650K in salary, $833.3K in stock awards and $112.2K in other compensation.
Rankings
In 2014, Michael M. Larsen's compensation ranked 2,510th out of 13,032 executives tracked by ExecPay. In other words, Larsen earned more than 80.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,510 out of 13,032 | 81st |
Division Manufacturing | 890 out of 4,966 | 82nd |
Major group Industrial And Commercial Machinery And Computer Equipment | 103 out of 430 | 76th |
Industry group General Industrial Machinery And Equipment | 17 out of 96 | 82nd |
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 2014.