David B. Speer
2010
In 2010, David B. Speer earned a total compensation of $11.2M as Past Chairman and Chief Executive Officer at Illinois Tool Works, a 7% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,303,232 |
|---|---|
| Non-Equity Incentive Plan | $2,200,000 |
| Option Awards | $4,439,997 |
| Salary | $1,132,492 |
| Stock Awards | $2,030,770 |
| Other | $83,620 |
| Total | $11,190,111 |
Speer received $4.4M in option awards, accounting for 40% of the total pay in 2010.
Speer also received $1.3M of change in pension value and nonqualified deferred compensation earnings, $2.2M in non-equity incentive plan, $1.1M in salary, $2M in stock awards and $83.6K in other compensation.
Rankings
In 2010, David B. Speer's compensation ranked 262nd out of 10,439 executives tracked by ExecPay. In other words, Speer earned more than 97.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 262 out of 10,439 | 98th |
Division Manufacturing | 87 out of 3,837 | 98th |
Major group Industrial And Commercial Machinery And Computer Equipment | 12 out of 386 | 97th |
Industry group General Industrial Machinery And Equipment | 2 out of 76 | 97th |
Source: SEC filing on March 22, 2013.
Speer's colleagues
We found four more compensation records of executives who worked with David B. Speer at Illinois Tool Works in 2010.