The estimated Net Worth of Ernest Scott Santi is at least $81.7 Million dollars as of 12 February 2024. Mr. Santi owns over 92,947 units of Illinois Tool Works stock worth over $66,272,008 and over the last 20 years he sold ITW stock worth over $6,272. In addition, he makes $15,440,300 as Chairman of the Board and Chief Executive Officer at Illinois Tool Works.
Ernest has made over 42 trades of the Illinois Tool Works stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 92,947 units of ITW stock worth $5,846,366 on 12 February 2024.
The largest trade he's ever made was exercising 235,656 units of Illinois Tool Works stock on 3 February 2023 worth over $21,880,660. On average, Ernest trades about 16,148 units every 45 days since 2004. As of 12 February 2024 he still owns at least 268,286 units of Illinois Tool Works stock.
You can see the complete history of Mr. Santi stock trades at the bottom of the page.
Ernest Scott Santi serves as Chairman of the Board, Chief Executive Officer of Illinois Tool Works Inc. Mr. Santi has served as Chairman of ITW since May 2015 and as Chief Executive Officer since November 2012. He served as President and Chief Executive Officer of ITW from November 2012 to May 2015 and as President and Chief Operating Officer from October to November 2012. Prior thereto, he served as Vice Chairman from December 2008 to October 2012 and Executive Vice President from October 2004 to December 2008. Mr. Santi also serves on the boards of numerous civic and not-for-profit organizations. He has served as a director of ITW since November 2012 and currently serves as a director of W.W. Grainger, Inc. He has not served as a director of any other publicly traded company in the last five years.
As the Chairman of the Board and Chief Executive Officer of Illinois Tool Works, the total compensation of Ernest Santi at Illinois Tool Works is $15,440,300. There are no executives at Illinois Tool Works getting paid more.
Ernest Santi is 58, he's been the Chairman of the Board and Chief Executive Officer of Illinois Tool Works since 2015. There are 13 older and 16 younger executives at Illinois Tool Works. The oldest executive at Illinois Tool Works, Inc. is Richard Lenny, 68, who is the Lead Independent Director.
Ernest's mailing address filed with the SEC is 100 GRAINGER PARKWAY, , LAKE FOREST, IL, 60045.
Over the last 22 years, insiders at Illinois Tool Works have traded over $720,639,773 worth of Illinois Tool Works stock and bought 66,824 units worth $8,173,693 . The most active insiders traders include Harold B Smith, Robert C Mccormack, and Don H Jr Davis. On average, Illinois Tool Works executives and independent directors trade stock every 13 days with the average trade being worth of $9,733,576. The most recent stock trade was executed by Jennifer Kaplan Schott on 1 September 2024, trading 1,854 units of ITW stock currently worth $457,975.
Illinois Tool Works Inc. is a manufacturer of a range of industrial products and equipment. Their segments include Automotive OEM, Food Equipment, Test & Measurement and Electronics
Illinois Tool Works executives and other stock owners filed with the SEC include: