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Illinois Tool Works Inc. (ITW)

NYSE - Nasdaq Real Time Price. Currency in USD
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223.89+0.27 (+0.12%)
As of 12:17PM EDT. Market open.

Illinois Tool Works Inc.

155 Harlem Avenue
Glenview, IL 60025-4075
United States
847 724 7500
http://www.itw.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees43,000

Key Executives

NameTitlePayExercisedYear Born
Mr. E. Scott SantiChairman & CEO4.53M21.18M1962
Mr. Michael M. LarsenSr. VP & CFO1.82M6.22M1969
Mr. Christopher A. O'HerlihyVice Chairman1.91M3.45M1964
Mr. John R. HartnettExec. VP of Welding Segment936.35k3.81M1960
Mr. Randall J. ScheunemanVP & Chief Accounting OfficerN/AN/A1968
Ms. Karen A. FletcherVP of Investor RelationsN/AN/A1960
Mr. Norman Dale Finch Jr.Sr. VP, Gen. Counsel & Sec.N/AN/A1965
Ms. Mary Katherine LawlerSr. VP & Chief HR OfficerN/AN/A1966
Dr. Lei Zhang SchlitzExec. VP of Automotive OEMN/AN/A1967
Mr. Michael R. ZimmermanExec. VP of Polymers & FluidsN/AN/A1961
Amounts are as of December 31, 2020 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; 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 offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end 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 headquartered in Glenview, Illinois.

Corporate Governance

Illinois Tool Works Inc.’s ISS Governance QualityScore as of June 1, 2021 is 4. The pillar scores are Audit: 5; Board: 8; 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.