Michael M. Larsen
2017
In 2017, Michael M. Larsen earned a total compensation of $5M as Senior Vice President & CFO at Illinois Tool Works, a 18% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,017,978 |
|---|---|
| Option Awards | $1,374,984 |
| Salary | $727,341 |
| Stock Awards | $687,488 |
| Other | $204,718 |
| Total | $5,012,509 |
Larsen received $2M in non-equity incentive plan, accounting for 40% of the total pay in 2017.
Larsen also received $1.4M in option awards, $727.3K in salary, $687.5K in stock awards and $204.7K in other compensation.
Rankings
In 2017, Michael M. Larsen's compensation ranked 1,889th out of 14,666 executives tracked by ExecPay. In other words, Larsen earned more than 87.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,889 out of 14,666 | 87th |
Division Manufacturing | 636 out of 5,768 | 89th |
Major group Industrial And Commercial Machinery And Computer Equipment | 70 out of 461 | 85th |
Industry group General Industrial Machinery And Equipment | 11 out of 94 | 88th |
Source: SEC filing on March 23, 2018.
Larsen's colleagues
We found four more compensation records of executives who worked with Michael M. Larsen at Illinois Tool Works in 2017.