3M Management
Management criteria checks 3/4
3M's CEO is Mike Roman, appointed in Jul 2018, has a tenure of 5.75 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 $2.03M. The average tenure of the management team and the board of directors is 4.4 years and 4.5 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 | 4.4yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CashFlow Hunter On Pair Trading, 3M And Iris Energy
Mar 28An Intrinsic Calculation For 3M Company (NYSE:MMM) Suggests It's 46% Undervalued
Mar 23
3M Stock: Outlook For This Dividend Stock After Post-Earnings Dip
Feb 273M: A Dividend Cut Is Needed To Boost Price Recovery
Feb 023M Company's (NYSE:MMM) Business Is Yet to Catch Up With Its Share Price
Jan 293M: Weak Outlook Sends Shares Lower
Jan 233M: Not The Time To Buy Just Yet
Jan 01These Return Metrics Don't Make 3M (NYSE:MMM) Look Too Strong
Dec 27Calculating The Fair Value Of 3M Company (NYSE:MMM)
Dec 123M: Stock Stabilizing, Remains Undervalued With Strong Free Cash Flow
Nov 303M: Back To 15Y Lows - Buy The Uncertainty
Oct 29Is 3M Company Stock A Buy Amid Legal Headaches
Oct 233M At 5-Year Lows Due To Pullback From Lawsuits
Oct 163M: A 7%-Yielding, 30% Undervalued Dumpster Fire
Sep 29Why CashFlow Hunter Is Short 3M And Long Iris Energy
Sep 123M: Record Low Price/FCF, Litigation Pessimism Priced In, Technical Risks
Aug 273M (NYSE:MMM) Seems To Use Debt Quite Sensibly
Aug 243M Company: Soaring On Earnings
Jul 263M Company: I Replaced A Loser With These 3 Leaders
Jul 11Is 3M Company (NYSE:MMM) Trading At A 33% Discount?
Jul 063M: The 6% Yield Might Be Doomed, So Buy These Blue-Chips Instead
Jun 273M Bull/Bear Thesis With CashFlow Hunter And Brett Ashcroft Green
Jun 212 Reasons To Sell 3M Stock Despite The 'Good' News
Jun 12What Does 3M Company's (NYSE:MMM) Share Price Indicate?
Jun 093M: Positive Lawsuit Developments For This Cheap Dividend King
Jun 033M: A 6% Yield With Strong Free Cash Flow, Shares At Long-Term Support
May 263M (NYSE:MMM) Will Be Hoping To Turn Its Returns On Capital Around
May 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 about average for companies of similar size in the US market ($USD13.41M).
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, serves as Independent Director at Abbott Laboratories since April 23, 2021. He has been Chief Executive Officer of 3M Company since July 1, 2018 and has been its D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.8yrs | US$16.42m | 0.0040% $ 2.0m | |
| President & CFO | 3.8yrs | US$8.95m | 0.0049% $ 2.5m | |
| Executive VP & Chief Legal Affairs Officer | 2.3yrs | US$6.71m | 0.00038% $ 192.4k | |
| Group President of Enterprise Supply Chain | 2.4yrs | US$5.19m | 0.00074% $ 374.6k | |
| Senior VP | 5yrs | no data | 0.00053% $ 268.3k | |
| Executive VP | 6.8yrs | no data | 0.0042% $ 2.1m | |
| Executive VP and Chief Information & Digital Officer | 2.5yrs | 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% $ 324.0k | |
| Managing Director of 3M Brazil | no data | no data | no data | |
| Senior Vice President of New Growth Ventures | no data | no data | no data |
4.4yrs
Average Tenure
55yo
Average Age
Experienced Management: MMM's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.9yrs | US$16.42m | 0.0040% $ 2.0m | |
| Independent Director | 21yrs | US$365.36k | 0% $ 0 | |
| Independent Director | 8.7yrs | US$352.08k | 0.00022% $ 111.4k | |
| Independent Director | 8.2yrs | US$346.06k | 0.00072% $ 364.5k | |
| Independent Director | 10.7yrs | US$335.38k | 0.00023% $ 116.4k | |
| Independent Director | 1.2yrs | US$352.55k | 0% $ 0 | |
| Independent Director | 6.7yrs | US$321.18k | 0% $ 0 | |
| Lead Independent Director | 3.2yrs | US$338.38k | 0.0017% $ 880.8k | |
| Independent Director | less than a year | US$115.23k | 0% $ 0 | |
| Independent Director | less than a year | US$206.84k | 0% $ 0 | |
| Independent Director | 1.2yrs | US$353.64k | 0% $ 0 | |
| Independent Director | 2.2yrs | US$320.81k | 0.00033% $ 167.1k |
4.5yrs
Average Tenure
62yo
Average Age
Experienced Board: MMM's board of directors are considered experienced (4.5 years average tenure).