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Lei Zhang Schlitz net worth and biography

Lei Schlitz Biography and Net Worth

EVP of Illinois Tool Works

Dr. Lei Zhang Schlitz is Executive Vice President, Automotive OEM of Illinois Tool Works Inc.

Dr. Schlitz joined ITW in 2008 as Vice President, Research & Development at the ITW Technology Center. In 2011 she was appointed to Group President within the Food Equipment segment, managing the Global Ware-wash and Refrigeration platforms. She was appointed Executive Vice President, Food Equipment in 2015. In January, 2020, Dr. Schlitz was promoted to Executive Vice President, Automotive OEM. Prior to joining ITW, Dr. Schlitz spent seven years at Siemens Energy and Automation. Prior to joining Siemens, she spent four years at GE Global Research and GE Industrial Systems. She started her career at the Innovation Center for Eaton Corporation.

Dr. Schlitz currently serves on the Board of Directors for Archer Daniels Midland Company (NYSE: ADM).

Dr. Schlitz graduated from Tsinghua University in Beijing, China with a bachelor’s degree in Engineering Mechanics and received a Ph.D. in Mechanical Engineering from the University of Wisconsin, Milwaukee.

What is Lei Zhang Schlitz's net worth?: The estimated net worth of Lei Zhang Schlitz is at least $2.11 million as of May 11th, 2022. Dr. Schlitz owns 7,803 shares of Illinois Tool Works stock worth more than $2,111,648 as of November 17th. This net worth approximation does not reflect any other assets that Dr. Schlitz may own. Learn More about Lei Zhang Schlitz's net worth.
How do I contact Lei Zhang Schlitz?: The corporate mailing address for Dr. Schlitz 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 Lei Zhang Schlitz's contact information.
Has Lei Zhang Schlitz been buying or selling shares of Illinois Tool Works?: Lei Zhang Schlitz has not been actively trading shares of Illinois Tool Works over the course of the past ninety days. Most recently, Lei Zhang Schlitz sold 1,000 shares of the business's stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $205.34, for a transaction totalling $205,340.00. Following the completion of the sale, the executive vice president now directly owns 7,803 shares of the company's stock, valued at $1,602,268.02. Learn More on Lei Zhang Schlitz'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), 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 775 shares worth more than $185,085.50. During the last year, insiders at the industrial products company sold shares 6 times. They sold a total of 189,471 shares worth more than $48,712,316.39. The most recent insider tranaction occured on June, 13th when Director David Byron Smith Jr bought 775 shares worth more than $185,085.50. 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 6/13/2024.

Lei Zhang Schlitz Insider Trading History at Illinois Tool Works

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/11/2022	Sell	1,000	$205.34	$205,340.00	7,803
12/7/2021	Sell	8,800	$241.16	$2,122,208.00
8/3/2020	Sell	13,564	$186.06	$2,523,717.84	19,735
2/13/2017	Sell	33,629	$129.49	$4,354,619.21	16,299
5/10/2016	Sell	2,500	$104.63	$261,575.00	92
5/6/2016	Sell	1,919	$103.78	$199,153.82	592
4/28/2016	Sell	2,500	$105.17	$262,925.00	992

Lei Zhang Schlitz 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: $270.62

$269.35

$272.81

50 Day Range

MA: $260.09

$246.77

$275.47

2 Week Range

Now: $270.62

$232.77

$277.58

Volume

913,018 shs

Average Volume

912,272 shs

Market Capitalization

$79.91 billion

P/E Ratio

23.41

Dividend Yield

2.22%

Beta

1.1

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