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Summary |
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Connections |
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Board Compensation |
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Recent Equity Awards |
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Material Updates |
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David B. Speer
Illinois Tool Works (ITW) |
2009 Annual Comp.
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$9,859,680
$5,484,802
$0
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Base Salary |
$1,100,000 |
| Cash Bonus |
$1,256,640 |
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Stock Gains
Stock Expense
Stock Granted
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$2,968,337
$0
$0
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Options Gains
Options Expense
Options Granted
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$4,440,686
$3,034,145
$0
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| Other |
$94,017 |
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FYE 12/31/09 |
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Biography
David B. Speer, age 58, has served as Chairman of ITW since May 2006 and as Chief Executive Officer of ITW since August 2005 and was President from August 2004 to May 2006, previously serving as Executive Vice President from 1995 to August 2004. Mr. Speer has 31 years of service with ITW. Mr. Speer is currently a director of Rockwell Automation, Inc. and Deere & Company and has not served as a director of any other publicly traded company in the last five years. Mr. Speer has served as a director of ITW since 2005. Mr. Speer, with his over 31 years of experience at the Company, has a deep understanding of the business operations, the operating philosophy and the culture of ITW. In addition, his experience as a director of Rockwell Automation, Inc. and Deere & Company gives him the perspective of a director of other global manufacturers. He also has extensive experience participating as a board member of numerous civic and nonprofit organizations. His depth of experience at ITW and as a director at other major companies with global operations enables him to lead ITW and the Board effectively.
| Board Memberships |  | Illinois Tool Works Chair of the Board |  | Deere Member of the Board of Directors |  | Rockwell Automation Member of the Board of Directors | | Former Named Executive Positions |  | N/A | | Former Board Affiliations |  | N/A |
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Accumulated Wealth
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Total |
$31,995,466 |
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Equity Holdings |
$15,777,936 |
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Pension Balance |
$8,633,836 |
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Deferred Comp. Balance |
$7,583,694 |
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David B. Speer
Illinois Tool Works (ITW) |
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| Illinois Tool Works |
| Executives |
| Subscribers only. Login to view all executives and board members David B. Speer works with. Not a subscriber? Click here for more information. |
| Board Members |
| Subscribers only. |
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| Deere |
| Executives |
| Subscribers only. |
| Board Members |
| Subscribers only. |
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| Rockwell Automation |
| Executives |
| Subscribers only. |
| Board Members |
| Subscribers only. |
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David B. Speer
Illinois Tool Works (ITW) |
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| Illinois Tool Works |
| General Information |
| Subscribers only. Login for a break-down of board compensation for David B. Speer. Not a subscriber? Click here for more information. |
| Annual Board Compensation |
| Subscribers only. |
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| Deere |
| General Information |
| Subscribers only. |
| Annual Board Compensation |
| Subscribers only. |
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| Rockwell Automation |
| General Information |
| Subscribers only. |
| Annual Board Compensation |
| Subscribers only. |
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David B. Speer
Illinois Tool Works (ITW) |
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| Illinois Tool Works |
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Title |
Securities |
Date |
Price |
Grant Date Stock Price |
Date Exercisable |
| Subscribers only. Login to view recent equity awards for David B. Speer. Not a subscriber? Click here for more information. |
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| Deere |
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Title |
Securities |
Date |
Price |
Grant Date Stock Price |
Date Exercisable |
| Subscribers only. |
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| Rockwell Automation |
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Title |
Securities |
Date |
Price |
Grant Date Stock Price |
Date Exercisable |
| Subscribers only. |
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David B. Speer
Illinois Tool Works (ITW) |
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| Illinois Tool Works |
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Title |
Individual Specific |
Date |
| Subscribers only. Login to view all 8-K filings with updates for David B. Speer. Not a subscriber? Click here for more information. |
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| Deere |
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Title |
Individual Specific |
Date |
| Subscribers only. |
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| Rockwell Automation |
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Title |
Individual Specific |
Date |
| Subscribers only. |
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