Ronald D. Kropp

2008

In 2008, Ronald D. Kropp earned a total compensation of $1.9M as Senior Vice President Chief Financial Officer at Illinois Tool Works, a 19% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$156,473
Non-Equity Incentive Plan$395,850
Option Awards$932,358
Salary$349,752
Other$25,123
Total$1,859,556

Kropp received $932.4K in option awards, accounting for 50% of the total pay in 2008.

Kropp also received $156.5K of change in pension value and nonqualified deferred compensation earnings, $395.9K in non-equity incentive plan, $349.8K in salary and $25.1K in other compensation.

Rankings

In 2008, Ronald D. Kropp's compensation ranked 2,631st out of 9,135 executives tracked by ExecPay. In other words, Kropp earned more than 71.2% of executives.

ClassificationRankingPercentile
All
2,631
out of 9,135
71st
Division
Manufacturing
942
out of 3,436
73rd
Major group
Industrial And Commercial Machinery And Computer Equipment
120
out of 338
65th
Industry group
General Industrial Machinery And Equipment
26
out of 62
58th
Source: SEC filing on March 23, 2011.

Kropp's colleagues

We found four more compensation records of executives who worked with Ronald D. Kropp at Illinois Tool Works in 2008.

2008

David Speer

Illinois Tool Works

Chief Executive Officer

2008

Thomas Hansen

Illinois Tool Works

Chairman

2008

Hugh Zentmyer

Illinois Tool Works

Executive Vice President

2008

Russell Flaum

Illinois Tool Works

Former Executive Vice President

In-depth

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