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Ernest Scott  Santi net worth and biography

Ernest Santi Biography and Net Worth

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 $57.51 million as of February 12th, 2024. Mr. Santi owns 221,015 shares of Illinois Tool Works stock worth more than $57,505,893 as of March 3rd. 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?

Over the course of the past ninety days, Ernest Scott Santi has sold $37,162,037.12 in shares of Illinois Tool Works stock. 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 6 times. They sold a total of 157,729 shares worth more than $40,158,654.12. The most recent insider tranaction occured on February, 12th when CAO Randall J Scheuneman sold 5,827 shares worth more than $1,493,401.83. 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 2/12/2024.

Ernest Scott Santi Insider Trading History at Illinois Tool Works

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/12/2024Sell45,676$256.12$11,698,537.12221,015View SEC Filing Icon  
2/6/2024Sell50,000$254.44$12,722,000.00221,015View SEC Filing Icon  
2/2/2024Sell50,000$254.83$12,741,500.00221,015View SEC Filing Icon  
2/3/2023Sell235,656$246.29$58,039,716.24213,538View SEC Filing Icon  
2/4/2022Sell148,789$231.44$34,435,726.16View SEC Filing Icon  
2/11/2021Sell1,231$205.37$252,810.47295,172View SEC Filing Icon  
5/6/2020Buy6,300$158.42$998,046.00141,994View SEC Filing Icon  
10/28/2019Sell152,594$169.05$25,796,015.70150,922View SEC Filing Icon  
12/12/2018Sell108,885$133.19$14,502,393.15149,777View SEC Filing Icon  
5/12/2017Sell101,297$138.03$13,982,024.91191,142View SEC Filing Icon  
12/14/2016Sell25$125.44$3,136.0073,650View SEC Filing Icon  
7/22/2016Sell74,077$114.24$8,462,556.4875,926View SEC Filing Icon  
8/2/2013Sell46,250$75.00$3,468,750.0041,805View SEC Filing Icon  
6/14/2013Sell46,250$70.42$3,256,925.00View SEC Filing Icon  
12/3/2012Sell80,000$61.29$4,903,200.00View SEC Filing Icon  
See Full Table

Ernest Scott Santi Buying and Selling Activity at Illinois Tool Works

This chart shows Ernest Scott Santi's buying and selling at Illinois Tool Works by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Illinois Tool Works Company Overview

Illinois Tool Works logo
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. Its 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. Its 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. Its Construction Products segment offers engineered fastening systems and solutions for the residential construction, renovation/remodel, and commercial construction markets. The Specialty Products segment offers beverage packaging equipment and consumables, product coding and marking equipment and consumables, and appliance components and fasteners. It serves the automotive OEM/tiers, commercial food equipment, construction, general industrial, and automotive aftermarket end 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.
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Today's Range

Now: $260.19
Low: $258.26
High: $262.00

50 Day Range

MA: $257.93
Low: $250.22
High: $265.81

2 Week Range

Now: $260.19
Low: $217.06
High: $267.12


1,139,799 shs

Average Volume

983,108 shs

Market Capitalization

$77.74 billion

P/E Ratio


Dividend Yield



Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Full details and steps to take here.