Illinois Tool Works Inc Leadership

President & Chief Executive Officer of ITW since January 2024 and a director since 2024. Joined ITW in 1989; served as Vice Chairman from August 2015 to December 2023 and as Executive Vice President for the Food Equipment segment from 2010 to 2015.

Non-Executive Chairman of ITW since March 1, 2024; retired Chief Executive Officer of ITW (CEO from November 2012 to January 1, 2024). Director since 2012.

Retired President of UPS International and Senior Vice President of United Parcel Service, Inc. Director since 2012; serves on the Audit and Finance Committees.

Chairman and CEO of Owl Creek Partners, LLC. Director since 1994; chairs the Executive Committee and serves on the Compensation and Corporate Governance and Nominating Committees.

Executive Vice President, Chief Human Resources Officer of UPS International. Director since 2021; serves on the Compensation and Corporate Governance and Nominating Committees.

Retired US Chair and Managing Partner (CEO) of Ernst & Young LLP. Director since 2022; serves on the Audit and Finance Committees.

Retired President and Chief Executive Officer of The Timken Company. Director since 2012; serves on the Compensation, Corporate Governance and Nominating, and Executive Committees.

Retired Vice Chairman, Client Service of PricewaterhouseCoopers LLP. Director since 2016; chairs the Audit Committee and serves on the Finance and Executive Committees.

President and Chief Executive Officer of Transcat, Inc. (effective March 29, 2026). Director since 2024 (elected effective February 1, 2024); serves on the Audit Committee.

Independent Lead Director of ITW and Non-Executive Chairman of Conagra Brands, Inc. Director since 2014; chairs the Compensation Committee and serves on the Corporate Governance and Nominating and Executive Committees.

President & Chief Executive Officer of UL Solutions Inc. New nominee to the ITW Board of Directors.

Executive Vice President for Policy and Legal Affairs and General Counsel of Mutual Fund Directors Forum. Director since 2009; chairs the Finance Committee and serves on the Audit and Executive Committees.

Retired Executive Vice President and Chief Administrative Officer of Exelon Corporation and President of Exelon Business Services Company. Director since 2008; chairs the Corporate Governance and Nominating Committee and serves on the Compensation and Executive Committees.

Executive Vice President of ITW, in present position since 2020.

Executive Vice President of ITW, in present position since 2020.

Executive Vice President of ITW, in present position since 2022. Served as Group President, construction businesses, 2020-2021.

Executive Vice President of ITW, in present position since 2022. Served as Group President, test & measurement and electronics businesses, 2020-2021.

Senior Vice President & Chief Financial Officer of ITW, in present position since 2013 (Principal Financial Officer).

Senior Vice President & Chief Human Resources Officer of ITW, in present position since 2014.

Senior Vice President, General Counsel & Secretary of ITW, in present position since 2025. Served as Chief IP Counsel & Assistant Secretary, 2019-2025.

Vice President & Chief Accounting Officer and Principal Accounting Officer of ITW, in present position since 2009. Announced retirement (effective March 1, 2027); stepping down from the role effective June 30, 2026 and remaining as an advisor through March 1, 2027.

Executive Vice President of ITW, in present position since 2024. Served as Group President, polymers & fluids businesses, 2020-2021 and Group President, test & measurement and electronics businesses, 2021-2023.

Executive Vice President of ITW, in present position since 2020.

Executive Vice President of ITW, in present position since 2025. Served as Vice President/General Manager, test & measurement and electronics businesses, 2019-2022 and Group President, test & measurement and electronics businesses, 2022-2024.

Appointed Vice President & Chief Accounting Officer and Principal Accounting Officer effective July 1, 2026, succeeding Randall J. Scheuneman. Joined ITW in 2006 as Director of Financial Reporting, most recently serving as Vice President & Corporate Controller. Began his career at Deloitte & Touche LLP as an auditor in the assurance practice for 11 years.