Illinois Tool Works ITW
CEO: Chris O'Herlihy · Diversified Manufacturing · 46,000 employees
Compensation Breakdown
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $2.5M | $248K | $3.1M | $2.3M | $1.8M | $79K | $10.0M |
| 2024 | $2.4M | $204K | $4.2M | $2.3M | $867K | $182K | $10.2M |
| 2023 | $2.4M | — | $3.5M | $1.2M | $1.4M | $32K | $8.5M |
| 2022 | $2.3M | — | $3.3M | $1.6M | $1.1M | $99K | $8.4M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Peer CEO Compensation
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Frequently Asked Questions
Chris O'Herlihy, CEO of Illinois Tool Works (ITW), earns $10.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Illinois Tool Works has a Pay-for-Performance Score of A (97/100). The company's 3-year total shareholder return is +50.5%, and the say-on-pay shareholder vote passed with 88.7% approval.
The CEO-to-median-worker pay ratio at Illinois Tool Works is 100:1. The median worker at Illinois Tool Works earns $100K per year, while CEO Chris O'Herlihy earns $10.0M in total compensation.
Illinois Tool Works employs approximately 46,000 people. The company operates in the Diversified Manufacturing industry within the Industrials sector, generating $16.1B in annual revenue.