secwatch.observer — SEC 8-K summary
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Issuer:     ILLINOIS TOOL WORKS INC (ITW)
CIK:        0000049826
Form:       8-K
Filed at:   2026-05-22T20:03:12+00:00
Accession:  0000049826-26-000033
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49826/000004982626000033/0000049826-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49826/000004982626000033/itw-20260519.htm
  HTML page:      https://secwatch.observer/filing/0000049826-26-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer