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Illinois Tool Works Inc. (ITW)


NYSE - NYSE Delayed Price. Currency in USD
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138.780.00 (0.00%)
At close: 4:02PM EDT

139.00 0.22 (0.16%)
Pre-Market: 8:34AM EDT

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Illinois Tool Works Inc.

155 Harlem Avenue
Glenview, IL 60025
United States
224-661-8870
http://www.itw.com

SectorIndustrial Goods
IndustryDiversified Machinery
Full Time Employees50,000

Key Executives

NameTitlePayExercisedAge
Mr. E. Scott SantiChairman, Chief Exec. Officer and Pres6.17M5.23M55
Mr. Michael M. LarsenChief Financial Officer and Sr. VP2.46MN/A48
Mr. Sundaram NagarajanExec. VP of Automotive OEM Segment1.65M3.15M54
Mr. Christopher A. O’HerlihyVice Chairman1.9M1.42M53
Mr. Randall J. ScheunemanChief Accounting Officer and VPN/AN/A49
Amounts are as of December 31, 2016 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.

Description

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces plastic and metal components, fasteners, and assemblies for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures. This segment also offers equipment and consumables used in the production of electronic subassemblies and microelectronics. The Food Equipment segment provides commercial food processing, warewashing, cooking, and refrigeration equipment; and kitchen exhaust, ventilation, and pollution control systems, as well as related services. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Welding segment produces arc welding equipment, consumables, and accessories; and metal jacketing and other insulation products for various industrial and commercial applications. The Construction Products segment produces engineered fastening systems and solutions. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. 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 headquartered in Glenview, Illinois.

Corporate Governance

Illinois Tool Works Inc.’s ISS Governance QualityScore as of May 1, 2017 is 2. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 2; 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.