Michael M. Larsen
2018
In 2018, Michael M. Larsen earned a total compensation of $4.9M as Senior Vice President & CFO at Illinois Tool Works, a 3% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,838,508 |
|---|---|
| Option Awards | $1,424,983 |
| Salary | $754,671 |
| Stock Awards | $712,413 |
| Other | $150,208 |
| Total | $4,880,783 |
Larsen received $1.8M in non-equity incentive plan, accounting for 38% of the total pay in 2018.
Larsen also received $1.4M in option awards, $754.7K in salary, $712.4K in stock awards and $150.2K in other compensation.
Rankings
In 2018, Michael M. Larsen's compensation ranked 2,082nd out of 14,244 executives tracked by ExecPay. In other words, Larsen earned more than 85.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,082 out of 14,244 | 85th |
Division Manufacturing | 752 out of 5,759 | 87th |
Major group Industrial And Commercial Machinery And Computer Equipment | 67 out of 458 | 85th |
Industry group General Industrial Machinery And Equipment | 11 out of 87 | 87th |
Source: SEC filing on March 22, 2019.
Larsen's colleagues
We found four more compensation records of executives who worked with Michael M. Larsen at Illinois Tool Works in 2018.