Illinois Tool Works Inc.

Illinois Tool Works

ITW · NYSE

Industrials

Catalog as of September 15, 2026. Not a live market feed.

Fiscal Year: 2025
Revenue: $16B
Assets: $16.1B
SEC filing: DEF 14A
Filed: March 27, 2026

Executive Compensation

Compensation reported for Illinois Tool Works’ named executive officers, including salary, stock awards, incentive compensation, other compensation, and total compensation.

Named executive officer compensation
Executive	Position	Salary	Stock Awards	Incentives	Option Awards	Other	Reported total
Christopher A. O’Herlihy	President & Chief Executive Officer	$1,337,271	$5,249,957	$2,702,389	$5,249,996	$671,398	$15,211,011
Michael M. Larsen	Senior Vice President And Chief Financial Officer	$977,860	$2,074,946	$1,994,062	$2,074,967	$238,666	$7,360,501
Mary K. Lawler	Senior Vice President And Chief Human Resources Officer	$671,685	$899,771	$893,373	$899,985	$146,940	$3,511,754
Axel R.J. Beck	Executive Vice President	$665,769	$774,846	$924,742	$774,973	$85,979	$3,226,309
T. Kenneth Escoe	Executive Vice President	$567,570	$749,810	$808,698	$749,999	$151,652	$3,027,729

Christopher A. O’Herlihy
President & Chief Executive Officer
$15.2M
Reported total
Salary
$1,337,271
Stock awards
$5,249,957
Incentives
$2,702,389
Option awards
$5,249,996
Other
$671,398
Michael M. Larsen
Senior Vice President And Chief Financial Officer
$7.4M
Reported total
Salary
$977,860
Stock awards
$2,074,946
Incentives
$1,994,062
Option awards
$2,074,967
Other
$238,666
Mary K. Lawler
Senior Vice President And Chief Human Resources Officer
$3.5M
Reported total
Salary
$671,685
Stock awards
$899,771
Incentives
$893,373
Option awards
$899,985
Other
$146,940
Axel R.J. Beck
Executive Vice President
$3.2M
Reported total
Salary
$665,769
Stock awards
$774,846
Incentives
$924,742
Option awards
$774,973
Other
$85,979
T. Kenneth Escoe
Executive Vice President
$3M
Reported total
Salary
$567,570
Stock awards
$749,810
Incentives
$808,698
Option awards
$749,999
Other
$151,652

Christopher A. O’Herlihy

President & Chief Executive Officer

$15.2M

Reported total · FY2025 · SCT Total as filed

Source: DEF 14A Summary Compensation Table, filed March 27, 2026.

Salary: $1.3M
Stock Awards: $5.2M
Option Awards: $5.2M
Incentives: $2.7M
Other: $671K

Historical Compensation

Christopher A. O’Herlihy total compensation, fiscal years 2023–2025.

Year-by-year total compensation
Fiscal Year	Salary	Stock Awards	Total Compensation
2025	$1,337,271	$5,249,957	$15,211,011
2024	$1,300,000	$2,187,430	$10,932,645
2023	$919,770	$1,024,983	$6,898,841

Named Executive Officers

Christopher A. O’Herlihy

President & Chief Executive Officer

Illinois Tool Works · ITW

$15.2M

FY 2025 · DEF 14A

Michael M. Larsen

Senior Vice President And Chief Financial Officer

Illinois Tool Works · ITW

$7.4M

FY 2025 · DEF 14A

Axel R.J. Beck

Executive Vice President

Illinois Tool Works · ITW

$3.2M

FY 2025 · DEF 14A

T. Kenneth Escoe

Executive Vice President

Illinois Tool Works · ITW

$3M

FY 2025 · DEF 14A

Mary K. Lawler

Senior Vice President And Chief Human Resources Officer

Illinois Tool Works · ITW

$3.5M

FY 2025 · DEF 14A

Source information

Company: Illinois Tool Works Inc.
Ticker: ITW · NYSE
Filing type: DEF 14A
Fiscal year: 2025
Filing date: March 27, 2026
SEC accession number: 0001193125-26-127599

Source: U.S. Securities and Exchange Commission, DEF 14A Summary Compensation Table. View SEC filing

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