David B. Speer

2012

In 2012, David B. Speer earned a total compensation of $18.7M as Past Chairman and Chief Executive Officer at Illinois Tool Works, a 49% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,651,374
Non-Equity Incentive Plan$3,022,872
Option Awards$10,100,733
Salary$1,202,000
Stock Awards$2,490,616
Other$210,834
Total$18,678,429

Speer received $10.1M in option awards, accounting for 54% of the total pay in 2012.

Speer also received $1.7M of change in pension value and nonqualified deferred compensation earnings, $3M in non-equity incentive plan, $1.2M in salary, $2.5M in stock awards and $210.8K in other compensation.

Rankings

In 2012, David B. Speer's compensation ranked 113th out of 11,487 executives tracked by ExecPay. In other words, Speer earned more than 99.0% of executives.

ClassificationRankingPercentile
All
113
out of 11,487
99th
Division
Manufacturing
40
out of 4,252
99th
Major group
Industrial And Commercial Machinery And Computer Equipment
11
out of 416
97th
Industry group
General Industrial Machinery And Equipment
1
out of 82
99th
Source: SEC filing on March 22, 2013.

Speer's colleagues

We found five more compensation records of executives who worked with David B. Speer at Illinois Tool Works in 2012.

2012

E Santi

Illinois Tool Works

Chief Executive Officer

2012

David Parry

Illinois Tool Works

Chairman

2012

Ronald Kropp

Illinois Tool Works

Chief Financial Officer

2012

Craig Hindman

Illinois Tool Works

Executive Vice President

2012

Roland Martel

Illinois Tool Works

Executive Vice President

In-depth

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