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Illinois Tool Works Inc. (ITW)

248.16 -3.60 (-1.43%)
At close: April 25 at 4:00 PM EDT
247.77 -0.39 (-0.16%)
After hours: April 25 at 6:16 PM EDT

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Christopher A. O'Herlihy President, CEO & Director 3.61M 9.14M 1964
Mr. Michael M. Larsen Senior VP & CFO 3.41M -- 1969
Ms. Mary Katherine Lawler Senior VP & Chief Human Resources Officer 1.83M -- 1966
Mr. Axel R. J. Beck Executive Vice President of Food Equipment 1.66M -- 1966
Mr. Randall J. Scheuneman VP & Chief Accounting Officer -- -- 1968
Ms. Karen A. Fletcher Vice President of Investor Relations -- -- 1960
Ms. Jennifer Kaplan Schott Senior VP, General Counsel & Secretary -- -- 1974
Mr. Michael R. Zimmerman Executive Vice President of Polymers & Fluids 1.46M -- 1961
Mr. Kenneth T. Escoe Executive Vice President of Specialty Products -- -- 1976
Ms. Sharon A. Szafranski Executive Vice President of Welding -- -- 1967

Illinois Tool Works Inc.

155 Harlem Avenue
Glenview, IL 60025
United States
847 724 7500 https://www.itw.com
Sector: 
Industrials
Full Time Employees: 
45,000

Description

Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

Corporate Governance

Illinois Tool Works Inc.’s ISS Governance QualityScore as of April 1, 2024 is 5. The pillar scores are Audit: 6; Board: 8; Shareholder Rights: 3; Compensation: 4.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

  • Apr 11, 2024
    Dividend Date
  • Mar 27, 2024
    Ex-Dividend Date
  • Mar 25, 2024
    DEFA14A: Proxy Statements
    See Full Filing
  • Mar 22, 2024
    DEFA14A: Proxy Statements
    See Full Filing
  • Feb 09, 2024
    10-K: Periodic Financial Reports
    See Full Filing

Upcoming Events

Apr 30, 2024
Illinois Tool Works Inc. Earnings Call

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