Russell M. Flaum

2008

In 2008, Russell M. Flaum earned a total compensation of $2.8M as Former Executive Vice President at Illinois Tool Works, a 7% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$728,146
Non-Equity Incentive Plan$551,168
Option Awards$1,065,552
Salary$391,842
Other$34,369
Total$2,771,077

Flaum received $1.1M in option awards, accounting for 38% of the total pay in 2008.

Flaum also received $728.1K of change in pension value and nonqualified deferred compensation earnings, $551.2K in non-equity incentive plan, $391.8K in salary and $34.4K in other compensation.

Rankings

In 2008, Russell M. Flaum's compensation ranked 1,713th out of 9,135 executives tracked by ExecPay. In other words, Flaum earned more than 81.2% of executives.

ClassificationRankingPercentile
All
1,713
out of 9,135
81st
Division
Manufacturing
606
out of 3,436
82nd
Major group
Industrial And Commercial Machinery And Computer Equipment
77
out of 338
77th
Industry group
General Industrial Machinery And Equipment
16
out of 62
74th
Source: SEC filing on March 24, 2010.

Flaum's colleagues

We found four more compensation records of executives who worked with Russell M. Flaum at Illinois Tool Works in 2008.

2008

David Speer

Illinois Tool Works

Chief Executive Officer

2008

Thomas Hansen

Illinois Tool Works

Chairman

2008

Hugh Zentmyer

Illinois Tool Works

Executive Vice President

2008

Ronald Kropp

Illinois Tool Works

Chief Financial Officer

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