Michael G. Vale

Equibles does not estimate personal net worth.

Get an email with a short summary when 3M Co publishes a filing, an earnings call transcript or a press release.

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. The same filing states: “His dismissal is due to inappropriate personal conduct and violation of company policy, unrelated to the Company’s operations and financial performance.” 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 $4,274,852 for Michael G. Vale in fiscal 2021, including a base salary of $771,840. Disclosed compensation is on record for 5 fiscal years. 3M Co is classified in the Conglomerates industry within the Industrials sector. Other leadership on record at 3M Co includes Bryan C. Hanson (CEO), Michael F. Roman (CEO and Chairman), Michael Roman (CEO and Chairman) and 7 others.

“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.”

“His dismissal is due to inappropriate personal conduct and violation of company policy, unrelated to the Company’s operations and financial performance.”

3M Co Form 8-K, filed May 15, 2023 · Read the filing

“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.”

3M Co Form 8-K, filed April 25, 2023 · Read the filing

Affiliation history

3M Co (MMM)
SEC 8-K

Current
2023-04-25–present
3M Co (MMM)
Proxy statement

2023-04-25–2023-05-12
3M Co (MMM)
Proxy statement

Start not stated–2023-05-12

Company network

3M Co

MMM

Current role

Conglomerates · Industrials

Leadership on record at 3M Co

Executive compensation

Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.

Fiscal year	Company	Role	Salary	Bonus	Stock awards	Option awards	Incentive	Other	Total
2021	3M Co (MMM)	Group President Safety and Industrial Business Group	$771,840	—	$1,352,712	$1,352,901	$690,948	$76,363	$4,274,852
2020	3M Co (MMM)	Group President Safety and Industrial Business Group	$745,890	—	$1,134,184	$1,134,504	$845,395	$78,283	$5,825,196
2019	3M Co (MMM)	Group President Safety and Industrial Business Group	$737,093	—	$1,134,348	$1,134,151	$396,967	$60,282	$5,082,462
2018	3M Co (MMM)	Executive Vice President, Safety and Industrial Business Group	$707,186	—	$1,134,260	$1,134,284	$533,871	$65,850	$3,575,451
2017	3M Co (MMM)	Executive Vice President, Safety and Industrial Business Group	$693,221	—	$1,165,361	$1,165,908	$629,703	$61,498	$4,696,246

Recent activity

Executive change Terminated: Group President and Chief Business and Country Officer
“His dismissal is due to inappropriate personal conduct and violation of company policy, unrelated to the Company’s operations and financial performance.”
3M Co (MMM)
2023-05-12
Executive change Appointed: Group President and Chief Business and Country Officer 3M Co (MMM)
2023-04-25