E. Scott Santi, 51, has been promoted to president and chief operating officer of Illinois Tool Works Inc. In addition, he has also been appointed acting chief executive officer. Santi joined ITW in 1983 and has spent his entire career with the company. He was elected as executive vice president in 2004 and vice chairman in 2008. He also serves as a director of W.W. Grainger, Inc. Santi has a Bachelor's degree from the University of Illinois and an MBA from the JL Kellogg School of Business at Northwestern University.
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