---
schema_version: "secwatch.filing_event.v1"
accession: "0000049826-26-000033"
form_type: "8-K"
ticker: "ITW"
cik: "0000049826"
company_name: "ILLINOIS TOOL WORKS INC"
filed_at: "2026-05-22T20:03:12+00:00"
generated_at: "2026-05-22T21:19:16.969843+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# ITW VP & CAO Randall Scheuneman to retire; Matteo Pigozzo named successor

## Summary
- Randall J. Scheuneman to retire as VP & CAO effective March 1, 2027; steps down from role June 30, 2026.
- Matteo C. Pigozzo, current VP & Corporate Controller, to succeed as VP & CAO effective July 1, 2026.
- Scheuneman will remain as advisor through March 1, 2027; retirement not due to any disagreement.
- Pigozzo joined ITW in 2006, previously at Deloitte; no material change in compensation.

## SEC filing metadata
- accession: 0000049826-26-000033
- form_type: 8-K
- ticker: ITW
- cik: 0000049826
- company_name: ILLINOIS TOOL WORKS INC
- filed_at: 2026-05-22T20:03:12+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49826/000004982626000033/0000049826-26-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49826/000004982626000033/itw-20260519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049826-26-000033
- JSON: https://secwatch.observer/filing/0000049826-26-000033.json
- Plain text: https://secwatch.observer/filing/0000049826-26-000033.txt

## Source-grounded claims
- claim_id: 75b27aa5b1
  claim: Randall J. Scheuneman departed as Vice President & Chief Accounting Officer and Principal Accounting Officer at ILLINOIS TOOL WORKS INC.
  evidence_excerpt: Randall J. Scheuneman, Vice President & Chief Accounting Officer and Principal Accounting Officer of Illinois Tool Works Inc. (the “Company”) notified the Company that he will retire from the Company effective March 1, 2027 and that he will be stepping down from his current role effective June 30, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/49826/000004982626000033/0000049826-26-000033-index.htm
- claim_id: 9ed46eac36
  claim: Matteo C. Pigozzo was appointed as Vice President & Chief Accounting Officer and Principal Accounting Officer at ILLINOIS TOOL WORKS INC.
  evidence_excerpt: Matteo C. Pigozzo, age 55, will succeed Mr. Scheuneman as the Company’s Vice President & Chief Accounting Officer and Principal Accounting Officer, effective July 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/49826/000004982626000033/0000049826-26-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.