Illinois Tool Works Inc 8-K, filed Dec 11, 2023
Illinois Tool Works Inc (ITW)
8-K
2023-12-11
For: 2023-12-08
View Original
Added on
April 06, 2026
About this 8-K
Illinois Tool Works Inc filed this 8-K on December 11, 2023, reporting on events of December 8, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): December 8, 2023
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Registrant's telephone number, including area code: 847 -724-7500
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On December 8, 2023, the Board of Directors of Illinois Tool Works Inc. (the “Company”) elected Jaime Irick as a director, effective February 1, 2024, to serve until the May 2024 Annual Meeting and determined him to be independent. Mr. Irick, age 49, has served as Senior Vice President, Architectural Coatings, U.S. and Canada and Global Traffic Solutions Business for PPG Industries Inc. since May 2022 and served as Vice President, Architectural Coatings, U.S. and Canada from May 2019 to May 2022. Prior to joining PPG Industries, Mr. Irick served as President of the Life Fitness Division of Brunswick Corp. and had 13 years of service at General Electric Company, serving in various roles with increasing levels of responsibility and operating as a GE Company Officer. Mr. Irick is a U.S. Army veteran having served five years as a Field Artillery Officer prior to his business career. Mr. Irick has been appointed to the Audit Committee of the Company, effective February 1, 2024. There are no arrangements or understandings between Mr. Irick and any other person pursuant to which he was selected as a director, and Mr. Irick has not been a party to any reportable transactions under Item 404(a) of Regulation S-K.
Mr. Irick will participate in the standard non-employee director compensation arrangements described in the Company’s 2023 proxy statement filed with the Securities and Exchange Commission on March 24, 2023.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| ILLINOIS TOOL WORKS INC. | ||||||||
| Dated: December 11, 2023 | By: /s/ Jennifer K. Schott | |||||||
| Jennifer K. Schott | ||||||||
| Senior Vice President, General Counsel and Secretary | ||||||||