3M Co
Current role
MMM
Michael G. Vale
Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.
About Michael G. Vale
3M Co reported in an 8-K filed May 15, 2023 that Michael G. Vale was terminated as Group President and Chief Business and Country Officer, effective May 12, 2023. 3M Co reported in an 8-K filed April 25, 2023 that Michael G. Vale was appointed Group President and Chief Business and Country Officer, effective April 25, 2023. The proxy statement of 3M Co reports total compensation of $5,825,196 for Michael G. Vale in fiscal 2020, including a base salary of $745,890. Disclosed compensation is on record for 4 fiscal years.
“Michael G. Vale, Group President and Chief Business and Country Officer, has been terminated for cause from 3M Company (the Company), effective May 12, 2023.”
“The Board of Directors of 3M Company (the Company) has appointed Michael G. Vale as the Company's Group President and Chief Business and Country Officer, a new role on the Company's Corporate Operations Committee, reporting to Chairman of the Board and Chief Executive Officer Michael F. Roman, effective April 25, 2023.”
Summary generated from SEC filings and earnings-call records held by Equibles.
Affiliation history
Recorded current and former roles; source labels appear when available.
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3M Co (MMM)
SEC 8-K
Current2023-04-25–present
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3M Co (MMM)
Proxy statement
2023-04-25–2023-05-12
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3M Co (MMM)
Proxy statement
Start not stated–2023-05-12
Company network
Recorded roles and call appearances connecting this person to public companies.
Leadership on record at 3M Co
Other people whose current roles at this company are on record from its filings.
- Bryan C. Hanson CEO
- Michael F. Roman CEO, Chairman
- Michael Roman CEO, Chairman
- MichaelF. Roman CEO
- William M. Brown CEO, Chairman
- Carrie Cox Chairman
- Gregory R. Page Independent Chairman
- Michael L. Eskew Independent Chairman
- Monish Patolawala CFO
- Nicholas Gangestad CFO
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2020 | 3M Co (MMM) | Executive Vice President, Safety and Industrial Business Group | $745,890 | $5,825,196 |
| 2019 | 3M Co (MMM) | Executive Vice President, Safety and Industrial Business Group | $737,093 | $5,082,462 |
| 2018 | 3M Co (MMM) | Executive Vice President, Safety and Industrial Business Group | $707,186 | $3,575,451 |
| 2017 | 3M Co (MMM) | Executive Vice President, Safety and Industrial Business Group | $693,221 | $4,696,246 |
Recent activity
Earnings-call and investor-event appearances, plus filed executive appointments or departures, newest first.