Michael M. Larsen
2015
In 2015, Michael M. Larsen earned a total compensation of $3.3M as Senior Vice President & CFO at Illinois Tool Works, a 5% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $671,479 |
|---|---|
| Option Awards | $899,984 |
| Salary | $674,543 |
| Stock Awards | $899,963 |
| Other | $182,006 |
| Total | $3,327,976 |
Larsen received $900K in option awards, accounting for 27% of the total pay in 2015.
Larsen also received $671.5K in non-equity incentive plan, $674.5K in salary, $900K in stock awards and $182K in other compensation.
Rankings
In 2015, Michael M. Larsen's compensation ranked 2,763rd out of 13,638 executives tracked by ExecPay. In other words, Larsen earned more than 79.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,763 out of 13,638 | 80th |
Division Manufacturing | 979 out of 5,187 | 81st |
Major group Industrial And Commercial Machinery And Computer Equipment | 97 out of 441 | 78th |
Industry group General Industrial Machinery And Equipment | 12 out of 93 | 87th |
Source: SEC filing on March 24, 2017.
Larsen's colleagues
We found three more compensation records of executives who worked with Michael M. Larsen at Illinois Tool Works in 2015.