Executive Vice President and General Counsel. David F. Jones. has been a member of Cerner Corporation's Board of Directors since March 2017. CEO pay ratio: 308 to 1. Chicago, IL 60603. He is a member of the board of directors of Jumia Technologies (Chairman of the Board) and Squarespace. Bio Body. Total Named Director Compensation: The sum of all dollar values above. 3M CEO Mike Roman. Constellation. Board Chair. a. purpose: the compensation committee (the "committee") of the board of directors of 3m company reviews the companys compensation practices and policies, annually reviews and approves (subject to ratification by the independent directors of the board) the compensation for the ceo, annually reviews and approves the Brook Klawitter. Also a Director of Brookfield Asset Management and ExxonMobil Corporation. Elon Musk said Twitter's board of directors wouldn't receive compensation for serving if he were to take over the social media company. Cooper-Standard Holdings Inc. Charles K. Stevens III. Board Committees. 3M Company pays its employees an average of $89,256 a year. Aleksandra A. Miziolek. Marketing Director salaries at 3M can range from $166,471 - $410,163 per year. 1310 Point Street. Invesco North America. Based on this review and these discussions with 3M Management, the Committee recommended to the Board of Directors that this Compensation Discussion and Analysis be included in the 2015 Proxy Statement of 3M Company and 3M Company's Annual Report on Form 10-K for the year ended December 31, 2014. As a Cboe member, Mr. Tilly served on the Cboe Board of Directors from 1998 to 2000 and again from 2003 to 2006. Sarahs strong interest in Arts and Education has led her to serve on Ballet Austin Board of Directors. The Committee shall regularly review with management matters relating to the policies, practices and outcomes of the Company that relate to risk management. Chairman of the Board, Linde plc Mr. Angel is a member of the following committees: Human Capital Management and Compensation Committee (and Chair) Nominating and Governance Committee; Steven A. Davis Former Chairman and Chief Executive Officer, Bob Evans Farms, Inc. Mr. Davis is a member of the following committees: Audit Committee In connection with Ms. Kereere's election, the Board of Directors increased its size from 12 to 13 members. The average 3M salary ranges from approximately $38,546 per year for Manufacturing Operator to $175,812 per year for Innovation Manager. 10 S. Dearborn St., 54th Floor. 3M CEO Inge Thulins compensation in 2017 was $20.5 million324 times the median 3M employee compensation of $63,338. CEO Pay Watch: The pay for Michael Roman, chairman and CEO of 3M Inc., increased 40% in 2021. 15 Lakhs P.A for each of the each of the Non-Executive, Independent Directors. The Board of Directors currently has the following Committees: Audit Committee; Board Policy Committee 3M Chairman of the Board and Chief Executive Officer Mike Roman addressed shareholders at 3Ms 2020 Annual Meeting on Tuesday, May 12. Mr. Rales is a co-founder of Danaher and has served on Danahers Board of Directors since 1983, serving as Chairman of the Executive Committee of Danaher since 1984. I served On Walmart's Board 2013-2017. Angela F. Braly. The average compensation of the 12 outside board members named in the companys latest proxy statement was $345,480 in 2018. IMO Sr Debt is ruse to take 47M shares of NOVC common at pennies 31.3M for Note Holders Fortress/EJF and Board led by Barry Igdaloff, COB and Howard Amster have taken 16M RSU in lieu of Officers. Employee Directors are not paid additional compensation for their services as Directors. Essentia Health. . Lead Director. The Constellation board of directors has four standing committees. Mr. Lacey was senior vice president of strategy and corporate development at the 3M Company from 2009 to his retirement in 2013. 3M Company Jobs by Salary. Carri Grieb seconded. 3M shareholders today elected 11 directors for one-year terms that expire at the companys 2021 Annual Meeting: Thomas Tony K. Brown, retired group vice president, Global Purchasing, Ford Motor Company Pamela J. Craig, retired chief financial officer, Accenture plc David B. Dillon, retired chairman of the board and CEO, The Kroger Co. David Jones brings more than 40 years of leadership experience to his role as CEO of EnableComp and the organizations holding company, Complete Holdings Group. Mr. Farah has been the Independent Chair of the Board of CVS Health Corporation and Former Executive at Tory Burch and Ralph Lauren since May 11, 2022. According to our data, 3M Company has a market capitalization of US$114b, and paid its CEO total annual compensation worth US$21m over the year to December 2020. The Board has assessed that each member of the Board of Directors is independent of the company and of any significant shareholders. Our Committees are designed to assure the execution of 3Ms vision for the future. Audit Committee Financial Expert. Key People 3M Co. Board of Directors Name/Title Current Board Membership expand All Executives Michael F. Roman Chairman & Chief Executive Officer Monish Patolawala EVP, May 9 (Reuters) - 3M Co * 3M co -shareholders elected 11 nominees to companys board of directors for a one-year term * 3M co says shareholders approved, on an advisory basis, executive compensation Submitted by the Compensation Committee Bushman also serves on the boards of directors of Adient plc and Bio-Techne Corporation. The board requested additional discussion at the June board meeting. Julie L. Gerberding, M.D., M.P.H. He has served on its board of directors since 1995 and as CEO from 1995 to 2015. Reporting. Salaries at 3M Company range from an average of $59,945 to $132,389 a year. Jonathan is co-founder and Deputy Chairman of Getty Images. He chaired the Cboe Floor Directors Committee from 2004 to 2006 and served on the Executive, Compensation and Governance Committees of the Board. Mr. Higgins currently serves as a director of Kaman Corporation, a diversified aerospace and industrial distribution company, where he is a member of the finance and compensation committees. He also served as a director for the 3M Foundation from 2012 to 2017 and prior to that was a director for 3M India in 2014. Other executives include John P. Banovetz, Executive Vice President, Chief Technology Officer and Environmental Responsibility; Stephen M. Shafer, President of Automotive and Aerospace Solutions Division and 19 others. A director elected to the Board after the beginning of a Plan Year may elect, by written notice to 3M within 30 days after such directors term begins, to participate in the Compensation alternatives for the remainder of that Plan Year, and election for succeeding years shall be on the same basis as for other directors. 3M COMPANY. Contacting the Board. Sarah and her husband are residents of Austin since 1969. Mr. Pandey is the Chairman and CEO of DevRev, Inc., a SaaS company that is focused on using AI and design to automate software and customer engineering workflows. He was a co-founder of the Company (when it was known as Colfax Corporation) and has served as a director of the Company since its founding in 1995. Electronic Delivery of Stockholder Materials. Bushman joined 3M in 1983. Mitchell P. Rales is the Chairman of the Enovis Board of Directors. Member of the Audit and Innovation & Technology Committees. She previously served on the board of Ms. Avner is classified by the Board of Directors as an audit committee financial expert under applicable SEC rules. Risk Committee Charter (Effective June 2022) ST. PAUL, Minn., Feb. 9, 2022 / PRNewswire / -- 3M (NYSE: MMM) announced today that Suzan Kereere, Head of Global Business Solutions at Fiserv, Inc., has been elected to 3M's Board of Directors, effective February 10, 2022. G. Additions to Agenda a. 3M is a large-cap company. The board appointment took effect Sunday. 2020. It is the intent of 3M Company (3M) to provide a compensation program that will attract and retain highly qualified individuals to serve as nonemployee members of 3Ms Board of Directors (the Board). Cornerstone Building Brands. Director since 2021. Median employee pay: $67,109. The Board of Directors generally meets five times per year, including an annual meeting during which Officers are elected and Board Committee members are appointed. Review and recommend to the Board of Directors for approval of compensation programs and stock ownership requirements as well as salaries, fees, bonuses and equity awards for the non-employee members of Alphabets Board of Directors. Clarisse Berggrdh. He previously served on the board of Bristow Group Inc., a global industrial aviation services provider, from 2016 until October 2019. a. purpose: the compensation and talent committee (the "committee") of the board of directors of 3m company reviews the companys compensation practices and policies, annually reviews and approves (subject to ratification by the independent directors of the board) the compensation for the ceo, annually reviews and approves the compensation for This board of director is the Executive Vice President and Chief Financial Officer of Microsoft Corporation. Mr. Lacey has been a CSI director since 2008, served as board vice chair from September 2013 until December 2018 and interim chief executive officer from June 2014 until February 2015. Corporate Governance. The Board of Directors (the "Board") of 3M Company, a Delaware corporation ("3M" or the "Company") is soliciting proxies for the Company's Annual Meeting of Stockholders. IBM Board of Directors. Constellation. Quarterly Earnings Reports. 3M CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. IMN board members are paid more than the directors of 3M, IMN's erstwhile parent. Corporate Officers. In particular, the Committee shall oversee the Companys enterprise risk management program and shall focus on strategic risks facing the Company. Age 48. Shareholders can communicate with the Chairman of the Corporate Governance Committee or with the independent directors as a group by writing to them c/o: Gayle Littleton, Executive Vice President, General Counsel. Spear Point calls for significant reduction in board compensation at IMN. CEO Pay Watch: The pay for Michael Roman, chairman and CEO of 3M Inc., increased 40% in 2021. Previously he was elected president and chief operating officer in September 2015 and to the board of directors of The Toro Company in January 2016. Spear Point Capital Partners LLC The motion passed unanimously by all board members present. Total 2020 shareholder return: 2.8%. Senior Vice President 19941998, Vice President 19911994. 3Ms leadership changes. Three independent directors are placed from the board quota. Fong joined 3M in 2012 after three and half years as general counsel for the U.S. Department of Homeland Security. The Constellation board of directors has four standing committees. Today, the 3M Company (MMM) made an announcement that its board of directors would be nominating CEO Mike Roman to the position of chairman. (d)Committee means the Compensation Committee of 3Ms Board of Directors. The Board has general oversight responsibility for the Companys affairs pursuant to Ohios General Corporation Law, the Companys Amended Articles of Incorporation and Code of Regulations, and the Board of Directors By-Laws. President and CEO MAKE Corporation. He is the former Chairman of the Board and a director of Tiffany & Co., a retailer of jewelry and specialty products. Director Finance Shared Services USG Corporation. Mr. For its 2020 fiscal year, 3M CO, listed the following board members on its annual proxy statement to the SEC. This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. John S. Stroup. Member of Corporate Development and Technology Advisory Committee. Lead, Columbia Universitys SIPA Tech & Policy Initiative; (2005-2013) (alternate member of the Board of Directors, (1999 to 2005)) Previous experience. 3M Center Saint Paul, MN 55144-1000 United States 651 733 1110 https://www.3m.com Sector(s) : Industrials Industry : Conglomerates Full Time Employees : 95,000 Key Executives In November 2018, 3Ms Board of Directors authorized the repurchase of up to +$10B of 3Ms outstanding common stock. Former Chief Transformation Officer. The Audit Committee and Compensation Committee will then be placed. She has served as Chairman of Board of Directors over the last six years and as President of Ballet Austin Foundation over the last 10 years. Immediate Past Chair. Allen Hager, D.C. . Submitted by the Compensation Committee Exelon Corporation. Presently sitting fee is Rs.20,000 per Committee / Board meetings and a fixed Commission of Rs. During 2016, the Board of Directors held five regularly scheduled meetings and one telephonic meeting. Officers. The Board also includes three representatives from the Board of Governors. 3M Chairman of the Board and Chief Executive Officer Mike Roman addressed shareholders at 3Ms 2020 Annual Meeting on Tuesday, May 12. Nominating & Corporate Governance Committee Chair. Operating Advisor to Clayton, Dubilier & "Board salary will be $0 if Former Chairman and CEO of Air Products and Chemicals, Inc. Non-Executive Chairman of the Board of Directors. Member of the People and Compensation Committee. 3M CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. . Average 3M hourly pay ranges from approximately $10.00 per hour for Laborer/Helper to $55.00 per hour for Senior Network Engineer. View Bio. The IBM Board is composed of a diverse group of members, all leaders in their respective fields. Board Service Since 1997. Baltimore, MD 21231. Nov 2013 - Jun 20173 years 8 months. Total Named Director Compensation: The sum of all dollar values above. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. Age 69. Khandpur is a member of the Deans Advisory Board, College of Science and Engineering, for the University of Minnesota and, until recently, served as a trustee for the University of St. Thomas from 2017 to 2021. Ten years later, it increased to $12.3 million. Member of Compensation and Management Development Committee. Governance. Chair. She also has served on the 3M Foundation Board and has led the 3M United Way Giving Campaign. The typical 3M Marketing Director salary is $275,736 per year. She was named executive vice president and chief patient officer for strategic communications, global public policy and population health of Merck & Co, Inc. ("Merck") in July 2016. Based on this review and these discussions with 3M Management, the Committee recommended to the Board of Directors that this Compensation Discussion and Analysis be included in the 2015 Proxy Statement of 3M Company and 3M Company's Annual Report on Form 10-K for the year ended December 31, 2014. Ms. Avner serves as Chief Executive Officer of Nika Holdings, Ltd. Director, Chairman of the Compensation Committee. Codes of Conduct. Karen Atwood. This board member was paid total compensation US$305,834 including base salary (cash fees paid) US$135,000, stock awards Committees. When factoring in bonuses and additional compensation, a Director at 3M can expect to make an average total pay of $212,714 per year. The Advantech board of directors consists of seven directors who all have professional background knowledge and extensive experience in industry. 3M Center Saint Paul, MN 55144-1000 United States 651 733 1110 https://www.3m.com Sector(s) : Industrials Industry : Conglomerates Full Time Employees : 95,000 Key Executives Board of Directors. Spear Point Capital Partners LLC 3M Corporation, various positions 19811991. MOTION: Aaron Palmquist moved to approve the 5-year agreement with 3M as presented. The 3M Board of Directors (NYSE:MMM) today declared a dividend on the companys common stock of $1.47 per share for the third quarter of 2020. The group also provides display equipment and graphics systems; (f)Company means 3M Company, a Delaware corporation. He was also President of Danaher from 1984 to 1990. Walmart. b. remuneration in the form of sitting fees for attending Board and Committee meetings as fixed by the Board of Directors from time to time subject to statutory provisions. To address this large discrepancy, the USW 3M Council is sponsoring its first shareholders resolution at the companys annual stockholder meeting on May 8, 2018 in Indianapolis, Ind. Board of Directors. Jonathan D. Klein. IMN board members are paid more than the directors of 3M, IMN's erstwhile parent. The Saint Paul & Minnesota Foundation Board of Directors are committed volunteers who govern the Foundation and share their expertise to serve the community. In contrast, median employee total compensation in 2017 was $63,338. Governance. 1310 Point Street. Vice Chair. $212,714 Other Board members at this Company Amy E. Hood Dambisa F. Moyo David B. Dillon Gregory R. Page Herbert L. Henkel James R. Fitterling Michael L. Eskew Muhtar Kent Pamela J. Craig Patricia A. Woertz Thomas Fees Earned $135,000 Stock Awards $185,000 Option Awards $0 Equity This estimate is based upon 13 3M Director salary report (s) provided by employees or estimated based upon statistical methods. The div 3M Board Declares Quarterly Dividend Im using Yahoo! Eskew is on the boards of the following public companies in addition to 3M: The Allstate Corporation, International Business Machines Corporation, and Eli Lilly and Company. Chairman and Chief Executive Officer of Dow, Inc., a leading global materials science company. Inge Thulin, CEO of the Maplewood-based global manufacturer (NYSE: MMM), spoke about the company's commitment to building its R&D pipeline. Retired Executive Vice President and Chief Financial Officer. 2 in the reports Appendix). Committees. The Corporation does not have a retirement plan for non-employee Directors. She also served on the Board of Directors of CA, Inc., a $4.2 billion global leader in software development from August 2018 until it was acquired by Broadcom in November 2018. Economist Dambisa Moyo will join the 3M Co. board of directors, the Maplewood-based company said Monday. Baltimore, MD 21231. Other Board members at this Company Amy E. Hood David B. Dillon Edward M. Liddy Gregory R. Page Herbert L. Henkel Michael L. Eskew Muhtar Kent Patricia A. Woertz Sondra L. Barbour Thomas Vance D. Coffman Fees Earned $47,843 Stock Awards $59,616 Option Awards $0 Equity $59,616 While the pandemic did affect 3M's financial performance throughout the year, the compensation committee of its board of directors elected not In the final data set of 484 companies, CEO average annual compensation varied greatly when viewed according to the board leadership structure (as shown in Table 1 below and in Fig. Retired Executive Vice President Service and Technology Health Care Services Corporation. This program will be called the 3M Compensation Plan for Nonemployee Directors (the Plan). In 1998, 3M CEO compensation was less than $3.5 million. 3M Software Agreement Emily presented a 5-year agreement with 3M Software. Director salaries at 3M can range from $138,125 - $223,401 per year. Karen Wilson. 3M Company Summary Compensation Table shows the highest paid named executive officer (NEO) was CEO/Chairman Inge G. Thulin at $20.5M. Executives & Directors 7 Board Nominees Qualifications and Attributes 7 Key Corporate Governance Practices 8 Nominee Biographies 12 Board Composition Management Development & Compensation Committee. New stock options: 231,768. Jones came to EC in 2009 as an organization development consultant, joined the company as its President in 2010 and became the CEO and a Board Member in 2017. Dr. Hager practices at Essentia Health in Fargo, North Dakota and has been active in the chiropractic industry since 1993. All of the current directors have leadership experience at major domestic and international organizations with operations inside and outside the United States, at academic or research institutions or in government. Contacting the Board. In 2017, the 3M CEO earned over $20 million. Mike Roman is chairman of the board and chief executive officer of 3M, a $35 billion science and manufacturing company that improves lives around the world. As a Board, we switched from in-person to virtual meetings, just as many of our employees did the same. Hubert L. Harris, Jr.,Retired Chief Financial Officer. Retired Chairman of the Board and Chief Executive Officer The Kroger Co., a large retailer that operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the U.S. Mr. Dillon retired as Krogers Chairman of the Board on December 31, 2014, where he was Chairman of the Board since 2004 and was the Chief Executive Officer An individual investor also brought a legal case centering on Musk's compensation in 2018, saying it breached the company's fiduciary duty. Learn about the executive team and board of directors at 3M Co (MMM:XNYS) and review their bios and compensation over the latest fiscal years. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Salaries at 3M Company range from an average of $59,479 to $130,608 a year. 3M Company employees with the job title Research Scientist make the most with an average annual salary of $118,119, while employees Read more Spear Point calls for significant reduction in board compensation at IMN. The Board currently has 12 directors and the following four committees: Audit, Compensation, Finance and Nominating and Governance. - industrial products, safety and graphics materials (34.3% of net sales including intra-group): abrasive products, adhesives, cleaners, air and liquid filtration systems, anti-slip coating products, fire protection systems, road signage products, etc. Directors Fong joined 3M in 2012 after three and half years as general counsel for the U.S. Department of Homeland Security. Leadership. Member of the Audit Committee. Former Chair of the Board, President and Chief Executive Officer of WellPoint, Inc. (healthcare insurance), now known as Anthem, Inc. Director since 2009. General Motors Company. Member of the Compensation & Human Resources Committee. Fortress/EJF also hold NOVC only Sr Debt to exit Ch 11. (e)Common Stock means the common stock of 3M Company with a par value of $0.01 per share. Chairman of the Board of Directors. Executive Vice President and General Counsel. Finance to determine market cap ($116B) and I am roughly defining large-cap as $10B, mid-cap as $2-10B, and small-cap as less than $2B. 3M CEO and key executive team 1 Michael F. Roman 2 John P. Banovetz 3 Ivan K. Fong 4 Denise R. Rutherford 5 Eric D. Hammes 6 Sarah M. Grauze 7 Karen V. Carroll 8 Jeffrey R. Lavers 9 Thomas K. Brown 10 David B. Dillon More items
