In 2022, E. Scott Santi earned $1.40M in total compensation at Illinois Tool Works, primarily from $1.40M salary. Most recently sold 220,359 shares in Feb 2025. Currently holds stock worth $64.82M. Has donated $8.92M in stock to charitable causes. Has led Illinois Tool Works for over 13 years.
Compensation History
Annual executive compensation data for E. Scott Santi, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.40M
Salary
$1.40M
Bonus
$0.00
Other
$0.00
Salary
$1.40MBoard Justification
The compensation philosophy is designed to attract, motivate, and retain leaders who drive long-term stockholder value, with a significant portion of compensation tied to performance metrics.
Bonus
$0.00Board Justification
No bonus was reported for 2022.
Other Compensation
$0.00Board Justification
No other compensation was reported for 2022.
Restricted Stock
Board Justification
No stock was vested in 2022 as the focus is on stock options and performance-based awards.
Performance Metrics
Performance metrics for 2022 included organic revenue growth and operating income growth.
E. Scott Santi
CEO of Illinois Tool Works
Education
Bachelor's degree from the University of Illinois and an MBA from Northwestern University.
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
October 1, 1961 - 64 years ago
CEO of Illinois Tool Works for
13 years 0 months (Nov 2012 - Present)
Previous Experience
Joined ITW in 1983, held various positions including Vice Chairman.
Other Illinois Tool Works CEOs
Holdings
Track E. Scott Santi's stock holdings and portfolio value over time.
Total Stock Sold
$387.28M
$387.28M
2,164,607 ITW shares
What if they kept their stock?
If E. Scott Santi didn't sell their stock, today they would have:
Extra ITW2,164,607 shares worth $539.81M.
This is 39.39% and $152.53M more than what they got when they sold the stock.
Charitable Transactions
35,786 shares
ITW
Recent Charitable Transactions
4,090 shares
ITW
Sep 6, 2024
Charity
4,202 shares
ITW
Sep 8, 2023
Charity
2,310 shares
ITW
Aug 22, 2022
Charity
2,210 shares
ITW
Aug 17, 2021
Charity
4,215 shares
ITW
Jun 10, 2020
Charity
3,384 shares
ITW
Aug 14, 2019
Charity
Insider Trading
E. Scott Santi's recent stock transactions, purchases, and sales filed with the SEC.
$58.30M
ITW at $264.55/share
Feb 20, 2025
Sale
$36.83M
ITW at $263.05/share
Feb 19, 2025
Sale
$70.00K
ITW at $255.56/share
Feb 7, 2025
Received
$34.99K
ITW at $263.08/share
Nov 1, 2024
Received
4,090 shares
ITW
Sep 6, 2024
Charity
$35.00K
ITW at $243.85/share
Aug 2, 2024
Received
$481.66K
ITW at $243.88/share
May 3, 2024
Received
$11.70M
ITW at $256.09/share
Feb 12, 2024
Sale
$12.78M
ITW at $255.54/share
Feb 7, 2024
Sale
$12.73M
ITW at $254.50/share
Feb 6, 2024
Sale
Rivals
Compare E. Scott Santi with competitor CEOs and industry peers.
Kevin J. Wheeler
CEO of A. O. Smith
2023 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$1.94M
Other
$236.98K
Total Holdings
$15.83M
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Mark W. Sheahan
CEO of Graco
2023 Compensation
Stock
$0.00
Salary
$985.00K
Bonus
$1.30M
Other
$26.76K
Total Holdings
$110.45K
John C. May
CEO of Deere & Company
2024 Compensation
Stock
$15.36M
Salary
$1.66M
Bonus
$0.00
Other
$981.38K
Total Holdings
$1.03M