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3M CO

ST PAUL, MN
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3M Company develops, manufactures, and markets various products worldwide. It operates through four business segments: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer. The Safety & Industrial segment offers personal safety products, adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation & Electronics provides electronics, such as display materials and systems, electronic materials solutions; automotive, aerospace, and commercial solutions; advanced materials; and transportati...on safety products. This segment serves transportation and electronic original equipment manufacturer customers. The Health Care segment offers medical solutions, oral care, separation and purification sciences, health information systems, drug delivery systems, and food safety products. The Consumer segment provides home improvement, home care, and consumer health care products, as well as stationery and office supplies. This segment is also involved in the retail auto care business. The company serves automotive, electronics and automotive electrification, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. 3M Company was founded in 1902 and is headquartered in St. Paul, Minnesota.View more

For its 2019 fiscal year, 3M CO, listed the following executives on its annual proxy statement to the SEC.
Equity
Cash Compensation
Other
name and title
total compensation
Chairman of the Board, President and Chief Executive Officer
$12,679,304
Executive Vice President, Transportation and Electronics Business Group
$4,551,675
Former Executive Vice President, Consumer Business Group
$3,579,387
Executive Vice President, International Operations
$3,668,190
Executive Vice President, Safety and Industrial Business Group
$3,462,841
Senior Vice President and Chief Financial Officer
$5,094,993
Former Executive Chairman of the Board
$5,517,432

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.

For its 2019 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 $18,321,566 Median Employee Pay $57,494 CEO Pay Ratio 319:1
For its 2019 fiscal year, 3M CO, listed the following board members on its annual proxy statement to the SEC.
Fees Earned
Stock Awards
Option Awards
Non-stock Inc. Plan Comp.
Change in Pen. & Non-q Def. Comp.
Other
Name
total compensation
$305,834
$305,767
$335,757
$305,000
$308,115
$357,553
$325,752
$260,565
$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.

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