Michael M. Larsen
2019
In 2019, Michael M. Larsen earned a total compensation of $4.4M as Senior Vice President & CFO at Illinois Tool Works, a 10% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,337,448 |
|---|---|
| Option Awards | $1,424,978 |
| Salary | $784,750 |
| Stock Awards | $712,397 |
| Other | $135,810 |
| Total | $4,395,383 |
Larsen received $1.4M in option awards, accounting for 32% of the total pay in 2019.
Larsen also received $1.3M in non-equity incentive plan, $784.8K in salary, $712.4K in stock awards and $135.8K in other compensation.
Rankings
In 2019, Michael M. Larsen's compensation ranked 2,624th out of 13,971 executives tracked by ExecPay. In other words, Larsen earned more than 81.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,624 out of 13,971 | 81st |
Division Manufacturing | 940 out of 5,701 | 84th |
Major group Industrial And Commercial Machinery And Computer Equipment | 86 out of 466 | 82nd |
Industry group General Industrial Machinery And Equipment | 14 out of 91 | 85th |
Source: SEC filing on March 27, 2020.
Larsen's colleagues
We found four more compensation records of executives who worked with Michael M. Larsen at Illinois Tool Works in 2019.