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
Inge G. Thulin
Executive Chairman of the Board
Total Cash $3,146,998 Equity $9,750,596 Other $632,492 Total Compensation $13,530,086
Hak Cheol Shin
Former Vice Chair and Executive Vice President
Total Cash $1,730,068 Equity $3,954,701 Other $152,921 Total Compensation $5,837,690
Julie L. Bushman
Executive Vice President, International Operations
Total Cash $1,441,843 Equity $2,913,604 Other $38,525 Total Compensation $4,393,972
Nicholas C. Gangestad
Senior Vice President and Chief Financial Officer
Total Cash $1,618,778 Equity $4,673,749 Other $62,458 Total Compensation $6,354,985
Michael F. Roman
Chief Executive Officer
Total Cash $2,481,479 Equity $7,220,503 Other $141,771 Total Compensation $9,843,753
Frank R. Little
Former Executive Vice President, Safety and Graphics Business Group
Total Cash $672,643 Equity $3,496,472 Other $90,972 Total Compensation $4,260,087
James L. Bauman
Executive Vice President, Industrial Business Group
Total Cash $1,344,139 Equity $2,836,690 Other $56,623 Total Compensation $4,237,452

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.