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Michael R. Zimmerman net worth and biography

Michael Zimmerman Biography and Net Worth

EVP of Illinois Tool Works

Michael R. Zimmerman is Executive Vice President, Polymers & Fluids of Illinois Tool Works Inc.

Mr. Zimmerman joined ITW with the company’s acquisition of Permatex in 2005. Mr. Zimmerman has progressed through positions of increasing responsibility within ITW, including serving as Group President for the Welding Oil & Gas platform and as a Group President in the Polymers & Fluids segment. Mr. Zimmerman was appointed Executive Vice President of the Construction Products segment in 2015 and elected Executive Vice President of the Polymers & Fluids segment in 2018.

Mr. Zimmerman graduated with a bachelor’s degree in history and economics from Brandeis University and received a Master’s of Business Administration from Columbia University.

What is Michael R. Zimmerman's net worth?: The estimated net worth of Michael R. Zimmerman is at least $3.52 million as of October 25th, 2019. Mr. Zimmerman owns 13,590 shares of Illinois Tool Works stock worth more than $3,517,364 as of December 21st. This net worth approximation does not reflect any other investments that Mr. Zimmerman may own. Additionally, Mr. Zimmerman receives a salary of $1,460,000.00 as EVP at Illinois Tool Works. Learn More about Michael R. Zimmerman's net worth.
How old is Michael R. Zimmerman?: Mr. Zimmerman is currently 63 years old. There are 9 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 Michael R. Zimmerman's age.
What is Michael R. Zimmerman's salary?: As the EVP of Illinois Tool Works Inc., Mr. Zimmerman earns $1,460,000.00 per year. There are 4 executives that earn more than Mr. Zimmerman. 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 Michael R. Zimmerman's salary.
How do I contact Michael R. Zimmerman?: The corporate mailing address for Mr. Zimmerman 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 Michael R. Zimmerman's contact information.
Has Michael R. Zimmerman been buying or selling shares of Illinois Tool Works?: Michael R. Zimmerman has not been actively trading shares of Illinois Tool Works over the course of the past ninety days. Most recently, Michael R. Zimmerman sold 6,600 shares of the business's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $172.43, for a transaction totalling $1,138,038.00. Following the completion of the sale, the executive vice president now directly owns 13,590 shares of the company's stock, valued at $2,343,323.70. Learn More on Michael R. Zimmerman'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 1.3% of the company. Learn More about insider trades at Illinois Tool Works.
Information on this page was last updated on 6/13/2024.

Michael R. Zimmerman Insider Trading History at Illinois Tool Works

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
10/25/2019	Sell	6,600	$172.43	$1,138,038.00	13,590
7/25/2019	Sell	9,325	$160.00	$1,492,000.00	16,315
4/24/2017	Sell	5,000	$140.00	$700,000.00	7,626
11/22/2016	Sell	9,238	$123.63	$1,142,093.94	11,016

Michael R. Zimmerman 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: $258.82

$257.26

$262.35

50 Day Range

MA: $267.77

$254.08

$278.50

2 Week Range

Now: $258.82

$232.77

$279.13

Volume

2,605,490 shs

Average Volume

1,040,945 shs

Market Capitalization

$76.43 billion

P/E Ratio

22.39

Dividend Yield

2.20%

Beta

1.1

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Michael Zimmerman Biography and Net Worth

What is Michael R. Zimmerman's net worth?

How old is Michael R. Zimmerman?

What is Michael R. Zimmerman's salary?

How do I contact Michael R. Zimmerman?

Has Michael R. Zimmerman 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?