Steven L. Martindale

2020

In 2020, Steven L. Martindale earned a total compensation of $2.4M as Executive Vice President at Illinois Tool Works, a 3% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$4,174
Non-Equity Incentive Plan$497,365
Option Awards$774,972
Salary$630,017
Stock Awards$387,367
Other$125,631
Total$2,419,526

Martindale received $775K in option awards, accounting for 32% of the total pay in 2020.

Martindale also received $4.2K of change in pension value and nonqualified deferred compensation earnings, $497.4K in non-equity incentive plan, $630K in salary, $387.4K in stock awards and $125.6K in other compensation.

Rankings

In 2020, Steven L. Martindale's compensation ranked 4,706th out of 13,090 executives tracked by ExecPay. In other words, Martindale earned more than 64.0% of executives.

ClassificationRankingPercentile
All
4,706
out of 13,090
64th
Division
Manufacturing
1,912
out of 5,621
66th
Major group
Industrial And Commercial Machinery And Computer Equipment
154
out of 450
66th
Industry group
General Industrial Machinery And Equipment
30
out of 90
67th
Source: SEC filing on March 26, 2021.

Martindale's colleagues

We found four more compensation records of executives who worked with Steven L. Martindale at Illinois Tool Works in 2020.

2020

E Santi

Illinois Tool Works

Chief Executive Officer

2020

Christopher O'Herlihy

Illinois Tool Works

Chairman

2020

Michael Larsen

Illinois Tool Works

Chief Financial Officer

2020

John Hartnett

Illinois Tool Works

Executive Vice President

News

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