E. Scott Santi
2020
In 2020, E. Scott Santi earned a total compensation of $14M as Chairman & Chief Executive Officer at Illinois Tool Works, a 9% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $662,892 |
|---|---|
| Non-Equity Incentive Plan | $3,117,342 |
| Option Awards | $5,874,987 |
| Salary | $1,344,924 |
| Stock Awards | $2,937,379 |
| Other | $69,832 |
| Total | $14,007,356 |
Santi received $5.9M in option awards, accounting for 42% of the total pay in 2020.
Santi also received $662.9K of change in pension value and nonqualified deferred compensation earnings, $3.1M in non-equity incentive plan, $1.3M in salary, $2.9M in stock awards and $69.8K in other compensation.
Rankings
In 2020, E. Scott Santi's compensation ranked 470th out of 13,090 executives tracked by ExecPay. In other words, Santi earned more than 96.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 470 out of 13,090 | 96th |
Division Manufacturing | 160 out of 5,617 | 97th |
Major group Industrial And Commercial Machinery And Computer Equipment | 15 out of 450 | 97th |
Industry group General Industrial Machinery And Equipment | 2 out of 90 | 98th |
Source: SEC filing on March 26, 2021.
Santi's colleagues
We found four more compensation records of executives who worked with E. Scott Santi at Illinois Tool Works in 2020.