David B. Speer
2006
In 2006, David B. Speer earned a total compensation of $5.4M as Chairman and Chief Executive Officer at Illinois Tool Works.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $818,965 |
|---|---|
| Non-Equity Incentive Plan | $1,615,000 |
| Option Awards | $1,691,916 |
| Salary | $815,385 |
| Stock Awards | $366,586 |
| Other | $83,305 |
| Total | $5,391,157 |
Speer received $1.7M in option awards, accounting for 31% of the total pay in 2006.
Speer also received $819K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $815.4K in salary, $366.6K in stock awards and $83.3K in other compensation.
Rankings
In 2006, David B. Speer's compensation ranked 545th out of 7,022 executives tracked by ExecPay. In other words, Speer earned more than 92.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 545 out of 7,022 | 92nd |
Division Manufacturing | 158 out of 2,413 | 94th |
Major group Industrial And Commercial Machinery And Computer Equipment | 16 out of 202 | 92nd |
Industry group General Industrial Machinery And Equipment | 5 out of 44 | 89th |
Source: SEC filing on March 25, 2009.
Speer's colleagues
We found five more compensation records of executives who worked with David B. Speer at Illinois Tool Works in 2006.