Ronald D. Kropp
2007
In 2007, Ronald D. Kropp earned a total compensation of $1.6M as Senior Vice President Chief Financial Officer at Illinois Tool Works, a 147% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $54,530 |
|---|---|
| Non-Equity Incentive Plan | $368,053 |
| Option Awards | $863,340 |
| Salary | $259,708 |
| Other | $16,520 |
| Total | $1,562,151 |
Kropp received $863.3K in option awards, accounting for 55% of the total pay in 2007.
Kropp also received $54.5K of change in pension value and nonqualified deferred compensation earnings, $368.1K in non-equity incentive plan, $259.7K in salary and $16.5K in other compensation.
Rankings
In 2007, Ronald D. Kropp's compensation ranked 2,869th out of 8,700 executives tracked by ExecPay. In other words, Kropp earned more than 67.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,869 out of 8,700 | 67th |
Division Manufacturing | 985 out of 3,314 | 70th |
Major group Industrial And Commercial Machinery And Computer Equipment | 125 out of 330 | 62nd |
Industry group General Industrial Machinery And Equipment | 26 out of 68 | 62nd |
Source: SEC filing on March 24, 2010.
Kropp's colleagues
We found four more compensation records of executives who worked with Ronald D. Kropp at Illinois Tool Works in 2007.