Axel Beck Biography and Net Worth

Axel R. J. Beck is Executive Vice President, Food Equipment of Illinois Tool Works Inc.

Mr. Beck joined Hobart in Offenburg, Germany in 1989 as an Industrial Engineer in ITW’s Food Equipment segment. He then managed Hobart UK’s British manufacturing site for five years, before returning to southern Germany in 2002 as Business Unit Manager, Warewash Systems. In 2009, he was appointed General Manager of Hobart, and in 2011, Vice President & General Manager, Warewash International. In 2016, Mr. Beck assumed responsibility of Group President, Global Warewash. He was elected Executive Vice President of the Food Equipment segment in 2020.

Mr. Beck received a master’s degree in mechanical engineering from the Offenburg University of Applied Sciences.

What is Axel Beck's net worth?: The estimated net worth of Axel Beck is at least $1.68 million as of February 5th, 2026. Beck owns 5,789 shares of Illinois Tool Works stock worth more than $1,683,175 as of February 10th. This net worth estimate does not reflect any other investments that Beck may own. Additionally, Beck receives a salary of $1,660,000.00 as EVP at Illinois Tool Works. Learn More about Axel Beck's net worth.
How old is Axel Beck?: Beck is currently 58 years old. There are 8 older executives and no younger executives at Illinois Tool Works. The oldest executive at Illinois Tool Works is Ms. Karen A. Fletcher, Vice President of Investor Relations, who is 64 years old. Learn More on Axel Beck's age.
What is Axel Beck's salary?: As the EVP of Illinois Tool Works Inc., Beck earns $1,660,000.00 per year. There are 3 executives that earn more than Beck. The highest earning executive at Illinois Tool Works is Mr. Christopher A. O'Herlihy, President, CEO & Director, who commands a salary of $3,610,000.00 per year. Learn More on Axel Beck's salary.
How do I contact Axel Beck?: The corporate mailing address for Beck and other Illinois Tool Works executives is 155 HARLEM AVENUE, GLENVIEW IL, 60025. Illinois Tool Works can also be reached via phone at (224) 661-8870 and via email at [email protected]. Learn More on Axel Beck's contact information.
Has Axel Beck been buying or selling shares of Illinois Tool Works?: During the past quarter, Axel Beck has sold $1,225,599.06 in Illinois Tool Works stock. Most recently, Axel Beck sold 4,223 shares of the business's stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $290.22, for a transaction totalling $1,225,599.06. Following the completion of the sale, the executive vice president now directly owns 5,789 shares of the company's stock, valued at $1,680,083.58. Learn More on Axel Beck's trading history.
Who are Illinois Tool Works' active insiders?: Illinois Tool Works' insider roster includes Axel Beck (EVP), Norman Finch, Jr. (VP), John Hartnett (EVP), Jay Henderson (Director), Michael Larsen (CFO), Mary Lawler (SVP), Richard Lenny (Director), Sundaram Nagarajan (Insider), Christopher O'herlihy (Vice Chairman), Ernest Santi (CEO), Randall Scheuneman (CAO), Lei Schlitz (EVP), David Smith, Jr. (Director), Pamela Strobel (Director), Sharon Szafranski (EVP), and Michael Zimmerman (EVP). Learn More on Illinois Tool Works' active insiders.
Are insiders buying or selling shares of Illinois Tool Works?: During the last year, Illinois Tool Works insiders bought shares 1 times. They purchased a total of 872 shares worth more than $210,291.52. During the last year, insiders at the industrial products company sold shares 7 times. They sold a total of 339,816 shares worth more than $95,061,224.40. The most recent insider tranaction occured on February, 5th when EVP Axel Beck sold 4,223 shares worth more than $1,225,599.06. Insiders at Illinois Tool Works own 0.9% of the company. Learn More about insider trades at Illinois Tool Works.
Information on this page was last updated on 2/5/2026.

Axel Beck Insider Trading History at Illinois Tool Works

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
2/5/2026	Sell	4,223	$290.22	$1,225,599.06	5,789

Axel Beck Buying and Selling Activity at Illinois Tool Works

Illinois Tool Works Company Overview

Illinois Tool Works Inc. manufactures and sells industrial products and equipment in the United States and internationally. It operates through seven segments: Automotive OEM; Food Equipment; Test & Measurement and Electronics; Welding; Polymers & Fluids; Construction Products; and Specialty Products. The Automotive OEM segment offers plastic and metal components, fasteners, and assemblies for automobiles, light trucks, and other industrial uses. The Food Equipment segment provides warewashing, refrigeration, cooking, and food processing equipment; kitchen exhaust, ventilation, and pollution control systems; and food equipment maintenance and repair services. The Test & Measurement and Electronics segment produces and sells equipment, consumables, and related software for testing and measuring of materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment; and metal arc welding consumables and related accessories. The Polymers & Fluids segment produces adhesives, sealants, lubrication and cutting fluids, and fluids and polymers for auto aftermarket maintenance and appearance. The Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment provides beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM and tiers, MRO, commercial food equipment, construction, general industrial, industrial capital goods, consumer durables, automotive aftermarket end, and other markets. The company distributes its products directly to industrial manufacturers, as well as through independent distributors. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois.

Today's Range

Now: $290.75

$289.53

$294.18

50 Day Range

MA: $257.67

$246.41

$293.63

2 Week Range

Now: $290.75

$214.66

$294.79

Volume

1,887,990 shs

Average Volume

1,529,771 shs

Market Capitalization

$84.35 billion

P/E Ratio

27.72

Dividend Yield

2.19%

Beta

1.15

Axel Beck Biography and Net Worth

What is Axel Beck's net worth?

How old is Axel Beck?

What is Axel Beck's salary?

How do I contact Axel Beck?

Has Axel Beck been buying or selling shares of Illinois Tool Works?

Who are Illinois Tool Works' active insiders?

Are insiders buying or selling shares of Illinois Tool Works?