David Smith - Illinois Tool Independent Director

ITW Stock  USD 273.95  4.10  1.52%   

Director

Mr. David Byron Smith, Jr., serves as Independent Director of Illinois Tool Works Inc. Mr. Smith has served as Executive Vice President for Policy Legal Affairs and General Counsel of Mutual Fund Directors Forum, a notforprofit membership organization for independent investment company directors and an advocate on important policy matters, since 2005. From 1996 to 2005, Mr. Smith held several positions with increasing levels of responsibility at the Securities and Exchange Commission, serving as Associate Director, Division of Investment Management, from 2001 to 2005. He has served as a director of ITW since 2009 and currently serves as a director of Northern Trust Corporationrationration. He has not served as a director of any other publicly traded company in the last five years. Mr. Smith is a nephew of Mr. Harold B. Smith, an emeritus director of ITW. since 2009.
Age 54
Tenure 15 years
Address 155 Harlem Avenue, Glenview, IL, United States, 60025
Phone847 724 7500
Webhttps://www.itw.com

David Smith Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Smith against Illinois Tool stock is an integral part of due diligence when investing in Illinois Tool. David Smith insider activity provides valuable insight into whether Illinois Tool is net buyers or sellers over its current business cycle. Note, Illinois Tool insiders must abide by specific rules, including filing SEC forms every time they buy or sell Illinois Tool'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Illinois Tool Management Efficiency

The company has Return on Asset of 0.1703 % which means that on every $100 spent on assets, it made $0.1703 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.0804 %, implying that it generated $1.0804 on every 100 dollars invested. Illinois Tool's management efficiency ratios could be used to measure how well Illinois Tool manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.31 in 2024. Return On Capital Employed is likely to climb to 0.39 in 2024. At this time, Illinois Tool's Non Currrent Assets Other are fairly stable compared to the past year. Return On Tangible Assets is likely to climb to 0.31 in 2024, whereas Non Current Assets Total are likely to drop slightly above 6.8 B in 2024.
Illinois Tool Works has 8.37 B in debt with debt to equity (D/E) ratio of 2.53, meaning that the company heavily relies on borrowing funds for operations. Illinois Tool Works has a current ratio of 1.38, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Illinois to invest in growth at high rates of return.
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. Illinois Tool Works Inc. was founded in 1912 and is based in Glenview, Illinois. Illinois Tool operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 45000 people. Illinois Tool Works (ITW) is traded on New York Stock Exchange in USA. It is located in 155 Harlem Avenue, Glenview, IL, United States, 60025 and employs 45,000 people. Illinois Tool is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Illinois Tool Works Leadership Team

Elected by the shareholders, the Illinois Tool's board of directors comprises two types of representatives: Illinois Tool inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Illinois. The board's role is to monitor Illinois Tool's management team and ensure that shareholders' interests are well served. Illinois Tool's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Illinois Tool's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Griffith, Independent Director
Erin Linnihan, Vice Relations
Anre Williams, Independent Director
Kevin Warren, Independent Director
Richard Lenny, Lead Independent Director
Kenneth Escoe, Executive Vice President
Mary Lawler, Senior Vice President Chief Human Resource Officer
Jay Henderson, Independent Director
Patricia Hartzell, Executive Vice President
Lei Schlitz, Executive Vice President
Michael Larsen, Senior Vice President, Chief Financial Officer
Axel Beck, Executive Vice President
Michael Zimmerman, Executive Vice President
David Smith, Independent Director
Christopher OHerlihy, Vice Chairman
Jennifer Schott, Senior Vice President General Counsel and Secretary
Susan Crown, Independent Director
Javier Carbonell, Executive Vice President
Ernest Santi, Chairman of the Board, Chief Executive Officer
Steven Martindale, Executive Vice President
Daniel Brutto, Independent Director
Randall Scheuneman, Vice President, Chief Accounting Officer
Karen Fletcher, Vice Relations
Pamela Strobel, Independent Director
Scott Santi, Executive Chairman
John Hartnett, Executive Vice President
Sharon Szafranski, Executive Vice President
Norman Finch, Senior Vice President General Counsel, Secretary
Darrell Ford, Independent Director

Illinois Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Illinois Tool a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Illinois Stock Analysis

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