The charts on this page feature a breakdown of the total annual pay for the top executives at 3M CO as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 3M CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 3M CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Michael G. Vale
Group President, Safety and Industrial Business Group
Total Cash $1,462,788 Equity $2,705,613 Other $76,363 Total Compensation $4,244,764
Michael F. Roman
Chairman of the Board and Chief Executive Officer
Total Cash $4,469,261 Equity $10,501,098 Other $251,687 Total Compensation $15,222,046
Ashish K. Khandpur
Group President, Transportation and Electronics Business Group
Total Cash $1,674,372 Equity $2,081,331 Other $65,889 Total Compensation $3,821,592
Mojdeh Poul
Group President, Health Care Business Group
Total Cash $1,971,337 Equity $2,081,331 Other $163,903 Total Compensation $4,216,571
Monish Patolawala
Executive Vice President, Chief Financial and Transformation Officer
Total Cash $2,448,835 Equity $6,790,482 Other $177,534 Total Compensation $9,416,851
For its 2021 fiscal year, 3M CO, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Michael F. Roman CEO Pay $18,200,584 Median Employee Pay $71,821 CEO Pay Ratio 253:1
For its 2021 fiscal year, 3M CO, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Amy E. Hood Total Cash $320,894
Dambisa F. Moyo Total Cash $320,882
David B. Dillon Total Cash $351,933
Gregory R. Page Total Cash $344,068
Herbert L. Henkel Total Cash $327,990
James R. Fitterling Total Cash $361,608
Michael L. Eskew Total Cash $358,500
Muhtar Kent Total Cash $340,917
Pamela J. Craig Total Cash $325,626
Patricia A. Woertz Total Cash $343,449
Thomas Total Cash $320,487

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.