Honeywell vs Illinois Tool Works — CEO Pay Comparison
Vimal Kapur (Honeywell) earns $4.0M more in total compensation than Chris O'Herlihy (Illinois Tool Works).
| Metric | HoneywellHON | Illinois Tool WorksITW |
|---|---|---|
| CEO | Vimal Kapur | Chris O'Herlihy |
| Industry | Diversified Manufacturing | Diversified Manufacturing |
| Total Compensation | $12.0M | $8.0M |
| Base Salary | $1.2M | $800K |
| Stock Awards | $6.0M | $4.0M |
| Option Awards | $1.4M | $960K |
| Non-Equity Incentive | $1.8M | $1.2M |
| Pay-for-Performance Grade | B (72/100) | B (70/100) |
| CEO-Worker Pay Ratio | 150:1 | 100:1 |
| Median Worker Pay | $80K | $80K |
| Say-on-Pay Approval | 92.4% | 96.5% |
| 3yr Total Shareholder Return | +11.6% | +5.8% |
| Revenue | $36.7B | $16.1B |
| Market Cap | $140.0B | $76.0B |
| Employees | 97,000 | 46,000 |
Analysis
Vimal Kapur (Honeywell) earns $12.0M in total compensation, while Chris O'Herlihy (Illinois Tool Works) earns $8.0M. That is a difference of $4.0M.
On pay-for-performance alignment, Honeywell scores B (72/100) while Illinois Tool Works scores B (70/100). Honeywell's CEO compensation is better aligned with company performance.
Honeywell's CEO-to-worker pay ratio is 150:1 compared to Illinois Tool Works's 100:1. Shareholders approved CEO pay at 92.4% (Honeywell) and 96.5% (Illinois Tool Works).