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
Nicholas C. Gangestad
Former Senior Vice President and Chief Financial Officer
Total Cash $919,414 Equity $3,543,164 Other $43,217 Total Compensation $4,505,795
Michael G. Vale
Executive Vice President, Safety and Industrial Business Group
Total Cash $1,591,285 Equity $2,268,688 Other $78,283 Total Compensation $3,938,256
Michael F. Roman
Chairman of the Board and Chief Executive Officer
Total Cash $2,882,849 Equity $10,001,635 Other $106,513 Total Compensation $12,990,997
Mojdeh Poul
Executive Vice President, Health Care Business Group
Total Cash $988,775 Equity $2,331,130 Other $107,452 Total Compensation $3,427,357
Eric D. Hammes
Executive Vice President, Enterprise Operations
Total Cash $869,099 Equity $2,913,918 Other $42,759 Total Compensation $3,825,776
Monish Patolawala
Senior Vice President and Chief Financial Officer
Total Cash $1,522,080 Equity $6,468,196 Other $33,954 Total Compensation $8,024,230
For its 2020 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 $20,700,347 Median Employee Pay $67,109 CEO Pay Ratio 308:1
For its 2019 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 $305,834
Dambisa F. Moyo Total Cash $305,767
David B. Dillon Total Cash $335,757
Edward M. Liddy Total Cash $305,000
Gregory R. Page Total Cash $308,115
Herbert L. Henkel Total Cash $325,588
Michael L. Eskew Total Cash $357,553
Muhtar Kent Total Cash $325,752
Pamela J. Craig Total Cash $260,565
Patricia A. Woertz Total Cash $305,411
Sondra L. Barbour Total Cash $49,697
Thomas Total Cash $310,389

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.