Michael M. Larsen
2013
In 2013, Michael M. Larsen earned a total compensation of $2.5M as Senior Vice President & Chief Financial Officer at Illinois Tool Works.
Compensation breakdown
| Bonus | $195,000 |
|---|---|
| Option Awards | $1,000,000 |
| Salary | $175,000 |
| Stock Awards | $932,919 |
| Other | $162,979 |
| Total | $2,465,898 |
Larsen received $1M in option awards, accounting for 41% of the total pay in 2013.
Larsen also received $195K in bonus, $175K in salary, $932.9K in stock awards and $163K in other compensation.
Rankings
In 2013, Michael M. Larsen's compensation ranked 3,174th out of 12,286 executives tracked by ExecPay. In other words, Larsen earned more than 74.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,174 out of 12,286 | 74th |
Division Manufacturing | 1,078 out of 4,612 | 77th |
Major group Industrial And Commercial Machinery And Computer Equipment | 120 out of 397 | 70th |
Industry group General Industrial Machinery And Equipment | 24 out of 86 | 72nd |
Source: SEC filing on March 20, 2015.
Larsen's colleagues
We found five more compensation records of executives who worked with Michael M. Larsen at Illinois Tool Works in 2013.