Michael Larsen

CFO

Executive compensation

Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.

Fiscal year	Company	Role	Salary	Bonus	Stock awards	Option awards	Incentive	Other	Total
2025	Illinois Tool Works Inc (ITW)	Senior Vice President and Chief Financial Officer	$977,860	—	$2,074,946	$2,074,967	$1,994,062	$238,666	$7,360,501
2024	Illinois Tool Works Inc (ITW)	Senior Vice President and Chief Financial Officer	$942,227	—	$974,919	$1,949,996	$1,872,085	$235,926	$5,975,153
2023	Illinois Tool Works Inc (ITW)	Senior Vice President and Chief Financial Officer	$909,761	—	$937,370	$1,874,973	$2,256,573	$244,616	$6,223,293
2022	Illinois Tool Works Inc (ITW)	Senior Vice President and Chief Financial Officer	$875,320	—	$874,799	$1,749,969	$2,381,524	$332,736	$6,214,348
2021	Illinois Tool Works Inc (ITW)	Senior Vice President & CFO	$845,080	—	$1,266,174	$1,599,967	$2,465,112	$346,108	$6,522,441
2020	Illinois Tool Works Inc (ITW)	Senior Vice President & CFO	$812,904	—	$749,937	$1,499,996	$885,167	$126,797	$4,074,801
2019	Illinois Tool Works Inc (ITW)	Senior Vice President & CFO	$784,750	—	$712,397	$1,424,978	$1,337,448	$135,810	$4,395,383
2018	Illinois Tool Works Inc (ITW)	Senior Vice President & CFO	$754,671	—	$712,413	$1,424,983	$1,838,508	$150,208	$4,880,783
2017	Illinois Tool Works Inc (ITW)	Senior Vice President & CFO	$727,341	—	$687,488	$1,374,984	$2,017,978	$204,718	$5,012,509

Earnings-call appearances

Q2 2026 Earnings Webcast
Illinois Tool Works Inc (ITW)

2026-07-28
Illinois Tool Works Inc Q1 FY2026 Earnings Call
Illinois Tool Works Inc (ITW)

2026-04-30
Illinois Tool Works Inc Q4 FY2025 Earnings Call
Illinois Tool Works Inc (ITW)

2026-02-03
Illinois Tool Works Inc Q3 FY2024 Earnings Call
Illinois Tool Works Inc (ITW)

2024-10-30
Illinois Tool Works Inc Q2 FY2024 Earnings Call
Illinois Tool Works Inc (ITW)

2024-07-30
Illinois Tool Works Inc Q1 FY2024 Earnings Call
Illinois Tool Works Inc (ITW)

2024-04-30
Illinois Tool Works Inc Q4 FY2023 Earnings Call
Illinois Tool Works Inc (ITW)

2024-02-01
Illinois Tool Works Inc Q3 FY2023 Earnings Call
Illinois Tool Works Inc (ITW)

2023-10-24
Illinois Tool Works Inc Q2 FY2023 Earnings Call
Illinois Tool Works Inc (ITW)

2023-08-01
Illinois Tool Works Inc Q1 FY2023 Earnings Call
Illinois Tool Works Inc (ITW)

2023-05-02
Illinois Tool Works Inc Q4 FY2022 Earnings Call
Illinois Tool Works Inc (ITW)

2023-02-02
Illinois Tool Works Inc Q3 FY2022 Earnings Call
Illinois Tool Works Inc (ITW)

2022-10-25
Illinois Tool Works Inc Q2 FY2022 Earnings Call
Illinois Tool Works Inc (ITW)

2022-08-02
Illinois Tool Works Inc Q1 FY2022 Earnings Call
Illinois Tool Works Inc (ITW)

2022-05-03
Illinois Tool Works Inc Q4 FY2021 Earnings Call
Illinois Tool Works Inc (ITW)

2022-02-03
Illinois Tool Works Inc Q3 FY2021 Earnings Call
Illinois Tool Works Inc (ITW)

2021-10-28
Illinois Tool Works Inc Q1 FY2021 Earnings Call
Illinois Tool Works Inc (ITW)

2021-04-30
Illinois Tool Works Inc Q4 FY2020 Earnings Call
Illinois Tool Works Inc (ITW)

2021-02-05
Illinois Tool Works Inc Q3 FY2020 Earnings Call
Illinois Tool Works Inc (ITW)

2020-10-23
Illinois Tool Works Inc Q2 FY2020 Earnings Call
Illinois Tool Works Inc (ITW)

2020-07-31
Illinois Tool Works Inc Q1 FY2020 Earnings Call
Illinois Tool Works Inc (ITW)

2020-05-05