Christopher A. O'Herlihy compensation by year
ILLINOIS TOOL WORKS Summary Compensation Table · the one fiscal year held| Component | FY2025 |
|---|---|
| Salary | $1,337,271 |
| Bonus | $0 |
| Stock awards | $5,249,957 |
| Option awards | $5,249,996 |
| Non-equity incentive | $2,702,389 |
| Pension and deferred compensation | $255,793 |
| All other | $415,605 |
| Total | $15,211,011 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ILLINOIS TOOL WORKS INC DEF 14A filed March 27, 2026, accession 0001193125-26-127599, and prior-year filings.
How this page was built: the ILLINOIS TOOL WORKS INC filed document, accession 0001193125-26-127599. Every figure is read from that document and cited to the page and table it appears in. Filed March 27, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 20,728 | $5,105,341 | — |
| PSU | 8,920 | $2,196,919 | — |
| PSU | 4,641 | $1,143,133 | — |
| Option | 72,947 | — | $258.11 |
| Option | 47,568 | — | $255.75 |
| Option | 15,262 | — | $235.52 |
| Option | 10,659 | — | $217.72 |
Per the Outstanding Equity Awards at Fiscal Year-End table in ILLINOIS TOOL WORKS INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments ILLINOIS TOOL WORKS discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Retirement | $0 | $6,792,859 | $0 | $7,953,648 |
| Death | $0 | $12,126,052 | $0 | $13,287,841 |
| Disability | $0 | $12,126,052 | $0 | $13,287,841 |
| Involuntary termination without cause | $957,019 | $0 | $8,234 | $2,126,042 |
| Change in control and involuntary termination | $4,940,317 | $6,792,859 | $0 | $13,363,124 |
Per the Potential Payments Upon Termination or Change in Control table in ILLINOIS TOOL WORKS INC's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
ILLINOIS TOOL WORKS’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Christopher A. O'Herlihy · this page | President & Chief Executive Officer | $15,211,011 |
| Michael M. Larsen | Senior Vice President and Chief Financial Officer | $7,360,501 |
| Mary K. Lawler | Senior Vice President and Chief Human Resources Officer | $3,511,754 |
| Axel R.J. Beck | Executive Vice President | $3,226,309 |
| T. Kenneth Escoe | Executive Vice President | $3,027,729 |
The full ILLINOIS TOOL WORKS compensation record
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Peer companies
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ILLINOIS TOOL WORKS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.