Don’t Miss Out on the AI Gold Rush That’s Just Getting Started

“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.

Ernest Scott Santi net worth and biography

Ernest Santi Biography and Net Worth

CEO of Illinois Tool Works

E. Scott Santi is Chairman and Chief Executive Officer of Illinois Tool Works Inc.

Mr. Santi joined ITW in 1983 and has spent his entire career with the company. He was elected Executive Vice President in 2004 and named Vice Chairman in 2008. He became the Company’s Chief Executive Officer in 2012 and was elected Chairman of the Board of Directors in 2015.

Mr. Santi is a member of the Board of Directors of W.W. Grainger (NYSE: GWW).

Mr. Santi graduated from the University of Illinois with a bachelor’s degree in Accounting and received a master’s in Business Administration from the JL Kellogg School of Business at Northwestern University.

What is Ernest Scott Santi's net worth?: The estimated net worth of Ernest Scott Santi is at least $55.25 million as of February 12th, 2024. Mr. Santi owns 221,015 shares of Illinois Tool Works stock worth more than $55,253,750 as of April 22nd. This net worth evaluation does not reflect any other investments that Mr. Santi may own. Learn More about Ernest Scott Santi's net worth.
How do I contact Ernest Scott Santi?: The corporate mailing address for Mr. Santi 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 Ernest Scott Santi's contact information.
Has Ernest Scott Santi been buying or selling shares of Illinois Tool Works?: Ernest Scott Santi has not been actively trading shares of Illinois Tool Works in the last ninety days. Most recently, Ernest Scott Santi sold 45,676 shares of the business's stock in a transaction on Monday, February 12th. The shares were sold at an average price of $256.12, for a transaction totalling $11,698,537.12. Following the completion of the sale, the chairman now directly owns 221,015 shares of the company's stock, valued at $56,606,361.80. Learn More on Ernest Scott Santi's trading history.
Who are Illinois Tool Works' active insiders?: Illinois Tool Works' insider roster includes 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), 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, insiders at the industrial products company sold shares 7 times. They sold a total of 194,896 shares worth more than $50,010,139.14. The most recent insider tranaction occured on March, 14th when CFO Michael M Larsen sold 37,167 shares worth more than $9,851,485.02. 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 3/14/2024.

Ernest Scott Santi Insider Trading History at Illinois Tool Works

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/12/2024	Sell	45,676	$256.12	$11,698,537.12	221,015
2/6/2024	Sell	50,000	$254.44	$12,722,000.00	221,015
2/2/2024	Sell	50,000	$254.83	$12,741,500.00	221,015
2/3/2023	Sell	235,656	$246.29	$58,039,716.24	213,538
2/4/2022	Sell	148,789	$231.44	$34,435,726.16
2/11/2021	Sell	1,231	$205.37	$252,810.47	295,172
5/6/2020	Buy	6,300	$158.42	$998,046.00	141,994
10/28/2019	Sell	152,594	$169.05	$25,796,015.70	150,922
12/12/2018	Sell	108,885	$133.19	$14,502,393.15	149,777
5/12/2017	Sell	101,297	$138.03	$13,982,024.91	191,142
12/14/2016	Sell	25	$125.44	$3,136.00	73,650
7/22/2016	Sell	74,077	$114.24	$8,462,556.48	75,926
8/2/2013	Sell	46,250	$75.00	$3,468,750.00	41,805
6/14/2013	Sell	46,250	$70.42	$3,256,925.00
12/3/2012	Sell	80,000	$61.29	$4,903,200.00

Ernest Scott Santi 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: $250.00

$249.38

$252.71

50 Day Range

MA: $260.40

$248.83

$270.19

2 Week Range

Now: $250.00

$217.06

$271.15

Volume

1,004,362 shs

Average Volume

1,251,140 shs

Market Capitalization

$74.69 billion

P/E Ratio

25.67

Dividend Yield

2.25%

Beta

1.13

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started

From Banyan Hill Publishing | Ad

See how you can invest alongside him