Illinois Tool Works

AGREEMENT GRADE
f
Fortune 500 Rank (2018)
204
OWLER CEO APPROVAL RATING
95/100
GLASSDOOR RATING
3.1/5
CEO
E. Scott Santi

Illinois Tool Works Inc. or ITW is a Fortune 500 company that produces engineered fasteners and components, equipment and consumable systems, and specialty products. It was founded in 1912 by Byron L. Smith.

AG Sources

Notwithstanding any provision of this Policy to the contrary (including, without limitation, determining whether a termination is for Cause or with Good Reason), any dispute or controversy arising under or in connection with this Policy shall be settled by binding arbitration, conducted before a panel of three arbitrators sitting in a location selected by the Participant within 50 miles from the location of his or her job with his or her Employer, in accordance with current Employment Dispute rules of the American Arbitration Association (“AAA”) then in effect. -Change in Control Severance Compensation Policy (2011)

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