Michael M. Larsen
2020
In 2020, Michael M. Larsen earned a total compensation of $4.1M as Senior Vice President & CFO at Illinois Tool Works, a 7% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $885,167 |
|---|---|
| Option Awards | $1,499,996 |
| Salary | $812,904 |
| Stock Awards | $749,937 |
| Other | $126,797 |
| Total | $4,074,801 |
Larsen received $1.5M in option awards, accounting for 37% of the total pay in 2020.
Larsen also received $885.2K in non-equity incentive plan, $812.9K in salary, $749.9K in stock awards and $126.8K in other compensation.
Rankings
In 2020, Michael M. Larsen's compensation ranked 2,788th out of 13,090 executives tracked by ExecPay. In other words, Larsen earned more than 78.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,788 out of 13,090 | 79th |
Division Manufacturing | 1,065 out of 5,620 | 81st |
Major group Industrial And Commercial Machinery And Computer Equipment | 86 out of 450 | 81st |
Industry group General Industrial Machinery And Equipment | 15 out of 90 | 83rd |
Source: SEC filing on March 26, 2021.
Larsen's colleagues
We found four more compensation records of executives who worked with Michael M. Larsen at Illinois Tool Works in 2020.