ITW - Illinois Tool Works Inc.

NYSE - NYSE Delayed Price. Currency in USD

Illinois Tool Works Inc.

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

SectorIndustrials
IndustryDiversified Industrials
Full Time Employees50,000

Key Executives

NameTitlePayExercisedYear Born
Mr. E. Scott SantiChairman, Pres & CEO6.17M5.23M1962
Mr. Michael M. LarsenSr. VP & CFO2.46MN/A1969
Mr. Norman Dale Finch Jr.Sr. VP, Gen. Counsel & Sec.N/AN/A1965
Mr. Sundaram NagarajanExec. VP of Automotive OEM Segment1.65M3.15M1963
Mr. Christopher A. O'HerlihyVice Chairman1.9M1.42M1964
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; 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 produces warewashing, cooking, refrigeration, 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 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; metal arc welding consumables and related accessories; and metal jacketing and other insulation products for various industrial and commercial applications. 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 produces 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 food and beverage, consumer durables, general industrial, printing and publishing, and industrial capital goods 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 September 1, 2018 is 3. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 2; Compensation: 5.

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.