3M Management
Management criteria checks 2/4
3M's CEO is Mike Roman, appointed in Jul 2018, has a tenure of 5.83 years. total yearly compensation is $16.42M, comprised of 8.9% salary and 91.1% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth CHF1.99M. The average tenure of the management team and the board of directors is 3.8 years and 4.6 years respectively.
Key information
Mike Roman
Chief executive officer
US$16.4m
Total compensation
CEO salary percentage | 8.9% |
CEO tenure | 5.8yrs |
CEO ownership | 0.004% |
Management average tenure | 3.8yrs |
Board average tenure | 4.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | -US$7b |
Dec 31 2023 | US$16m | US$1m | -US$7b |
Sep 30 2023 | n/a | n/a | -US$7b |
Jun 30 2023 | n/a | n/a | -US$1b |
Mar 31 2023 | n/a | n/a | US$5b |
Dec 31 2022 | US$14m | US$1m | US$6b |
Sep 30 2022 | n/a | n/a | US$7b |
Jun 30 2022 | n/a | n/a | US$4b |
Mar 31 2022 | n/a | n/a | US$6b |
Dec 31 2021 | US$18m | US$1m | US$6b |
Sep 30 2021 | n/a | n/a | US$6b |
Jun 30 2021 | n/a | n/a | US$6b |
Mar 31 2021 | n/a | n/a | US$6b |
Dec 31 2020 | US$21m | US$1m | US$5b |
Sep 30 2020 | n/a | n/a | US$5b |
Jun 30 2020 | n/a | n/a | US$5b |
Mar 31 2020 | n/a | n/a | US$5b |
Dec 31 2019 | US$18m | US$1m | US$5b |
Sep 30 2019 | n/a | n/a | US$5b |
Jun 30 2019 | n/a | n/a | US$5b |
Mar 31 2019 | n/a | n/a | US$6b |
Dec 31 2018 | US$13m | US$1m | US$5b |
Sep 30 2018 | n/a | n/a | US$5b |
Jun 30 2018 | n/a | n/a | US$4b |
Mar 31 2018 | n/a | n/a | US$4b |
Dec 31 2017 | US$7m | US$840k | US$5b |
Compensation vs Market: Mike's total compensation ($USD16.42M) is above average for companies of similar size in the Swiss market ($USD6.97M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Roman (63 yo)
5.8yrs
Tenure
US$16,424,566
Compensation
Mr. Michael F. Roman, also known as Mike, has been the Executive Chairman of 3M Company, since May 01, 2024, where as Chairman since May 14, 2019 and Director since 2018 and he served as Chief Executive Of...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 5.8yrs | US$16.42m | 0.0040% $ 2.0m | |
President & CFO | 3.8yrs | US$8.95m | 0.0049% $ 2.4m | |
Executive VP & Chief Legal Affairs Officer | 2.3yrs | US$6.71m | 0.00038% $ 188.4k | |
Group President of Enterprise Supply Chain | 2.5yrs | US$5.19m | 0.00074% $ 366.9k | |
CEO & Director | no data | no data | no data | |
Senior VP | 5.1yrs | no data | 0.00053% $ 262.8k | |
Executive VP | 6.8yrs | no data | 0.0042% $ 2.1m | |
Executive VP and Chief Information & Digital Officer | 2.6yrs | no data | no data | |
Vice President of Investor Relations | no data | no data | no data | |
Senior VP and Chief Ethics & Compliance Officer | 5.3yrs | no data | no data | |
Executive VP & Chief Human Resources Officer | no data | no data | 0.00064% $ 317.3k | |
Managing Director of 3M Brazil | no data | no data | no data |
3.8yrs
Average Tenure
55yo
Average Age
Experienced Management: MMM's management team is considered experienced (3.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 6yrs | US$16.42m | 0.0040% $ 2.0m | |
Independent Director | 21.1yrs | US$365.36k | 0% $ 0 | |
Independent Director | 8.8yrs | US$352.08k | 0.00022% $ 109.1k | |
Independent Director | 8.3yrs | US$346.06k | 0.00072% $ 357.0k | |
Independent Director | 10.8yrs | US$335.38k | 0.00023% $ 114.0k | |
Independent Director | 1.3yrs | US$352.55k | 0% $ 0 | |
Independent Director | 6.8yrs | US$321.18k | 0% $ 0 | |
Lead Independent Director | 3.3yrs | US$338.38k | 0.0017% $ 862.8k | |
Independent Director | less than a year | US$115.23k | 0% $ 0 | |
Independent Director | less than a year | US$206.84k | 0% $ 0 | |
Independent Director | 1.3yrs | US$353.64k | 0% $ 0 | |
Independent Director | 2.3yrs | US$320.81k | 0.00033% $ 163.6k |
4.6yrs
Average Tenure
62yo
Average Age
Experienced Board: MMM's board of directors are considered experienced (4.6 years average tenure).