The estimated Net Worth of Michael M Larsen is at least $26.6 Million dollars as of 14 March 2024. Mr. Larsen owns over 37,167 units of Illinois Tool Works stock worth over $20,643,708 and over the last 11 years he sold ITW stock worth over $1,595,860. In addition, he makes $4,395,380 as Senior Vice President and Chief Financial Officer at Illinois Tool Works.
Michael has made over 20 trades of the Illinois Tool Works stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 37,167 units of ITW stock worth $6,071,601 on 14 March 2024.
The largest trade he's ever made was exercising 66,821 units of Illinois Tool Works stock on 3 August 2020 worth over $6,279,169. On average, Michael trades about 12,443 units every 113 days since 2013. As of 14 March 2024 he still owns at least 83,571 units of Illinois Tool Works stock.
You can see the complete history of Mr. Larsen stock trades at the bottom of the page.
Michael M. Larsen is the Senior Vice President, Chief Financial Officer of Illinois Tool Works Inc. Mr. Larsen joined the Company and was elected Senior Vice President and Chief Financial Officer in September 2013. From October 2010 to August 2013, he served as Vice President and Chief Financial Officer of Gardner Denver, Inc., a global manufacturer of highly engineered compressors, blowers, pumps and other fluid transfer equipment. In addition, he served as interim CEO of Gardner Denver from July 2012 to November 2012, and as President, Chief Executive Officer and a director of that company from November 2012 to July 2013.
As the Senior Vice President and Chief Financial Officer of Illinois Tool Works, the total compensation of Michael Larsen at Illinois Tool Works is $4,395,380. There are 3 executives at Illinois Tool Works getting paid more, with Ernest Santi having the highest compensation of $15,440,300.
Michael Larsen is 51, he's been the Senior Vice President and Chief Financial Officer of Illinois Tool Works since 2013. There are 27 older and 2 younger executives at Illinois Tool Works. The oldest executive at Illinois Tool Works, Inc. is Richard Lenny, 68, who is the Lead Independent Director.
Michael's mailing address filed with the SEC is A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE, WI, 53224.
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: