Peter Gibbons joined 3M in November 2021 as group president of Enterprise Operations, which brings together manufacturing, supply chain and customer operations, and is focused on optimizing the customer experience through end-to-end aligned and agile operations. Mr. Pizarro served as president of SCE from 2014 to 2016. Retired Chief Financial Officer, Accenture plc., a global management consulting, technology services and outsourcing company. AP6D. This would be in addition to the peer group benchmarks (what other CEOs make) that the company uses to determine CEO compensation. Mr. Anderson served without compensation as the President and Chief Executive Officer of Amtrak, an intercity passenger rail service provider, from July 2017 until his retirement on April 15, 2020. . The Technology and Industrials sectors have the highest prevalence of stock options at 18% and 10% prevalence, respectively, granted in isolation or in tandem with full-value stock awards. 03.03.2023 - Leonteq AG / Key word(s): AGMEGM Press release: Leonteq publishes agenda and proposal of the Board of Directors for the Annual General Meeting 2023 03.03.2023 / 07:00 CET/CEST PRESS . From 1997 to 1999 he served in leadership positions at United Technologies Corporation, including its Vice President, Supply Management. The offers that appear in this table are from partnerships from which Investopedia receives compensation. By providing your email address below, you are providing consent to 3M to send you the requested Investor Email Alert updates. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 3M - Department of Defense Data Reveals No Hearing - investors.3m.com Jeff has lived and worked internationally for 3M, and always with a great passion on exceeding customer expectations. Throughout her career she has led successful transformation, sales and customer initiatives at Fortune 100 companies across global business lines and regional high-growth start-ups. ST. PAUL, Minn., Feb. 9, 2022 /PRNewswire/ -- 3M (NYSE: MMM) announced today that Suzan Kereere, Head of Global Business Solutions at Fiserv, Inc., has been elected to 3M's Board of Directors, effective February 10, 2022.In connection with Ms. Kereere's election, the Board of Directors increased its size from 12 to 13 members. At 3M, we promise to treat your data with respect and will not share your information with any third party. [Br*L7r/Nv&rrzDGx0V:o,eIY^'(O
>vXT cct"o3jvYEfp.w$}0BirMZIHI6M)9z?eOtp'pON{~YN>=mCs:a'heTb\G. From January 2006 through December 2006, Mr. Kent served as President of Coca-Cola International. Ashish serves as a member of the board of directors of Constellation and on the Deans advisory board for the College of Science and Engineering at the University of Minnesota. Chairman of the Board and Chief Executive Officer of 3M Company. For online networking, Mark Rogers, CEO of BoardProspects.com, recommends his site, a board-recruitment network akin to LinkedIn. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The information shown here is a reporting of information included in the company's proxy statement. Prior to her current role, Ms. Kereere served as Fiservs Chief Growth Officer, leading strategy and business development to enhance client value and accelerate growth. He oversaw annual R&D investments of nearly $2 billion, while building 3Ms digital capabilities and bringing the companys technology expertise even closer to customers around the world. "People achieve great things when they are embraced and valued; when they are connected, not isolated; and when their intelligence and imagination are unleashed". Dr. Moyo earned a bachelors degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. Shareholders can communicate with the Chairman of the Corporate Governance Committee or with the independent directors as a group by writing to them c/o: Gayle Littleton, Executive Vice President, General Counsel. By unlocking the power of people, ideas and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Before that, he served as president and chief operating officer of Dow and also previously served as chief operating officer for the Materials Science division of DowDuPont. She also has a long track record of community leadership involvement in strategic board and advisory work focused on driving success at the intersection of people, culture, and technology. By providing your email address below, you are providing consent to 3M to send you the requested Investor Email Alert updates. Director Compensation - The Conference Board By unlocking the power of people, ideas, and science to reimagine what's possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Retired Chairman of the Board and Chief Executive Officer The Kroger Co., a large retailer that operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the U.S. Mr. Dillon retired as Krogers Chairman of the Board on December 31, 2014, where he was Chairman of the Board since 2004 and was the Chief Executive Officer from 2003 through 2013. degree from Harvard University and a Ph.D. in Economics from the University of Oxford. 3M CO Board Member Thomas | Salary.com A fiduciary is a person or organization that acts on behalf of a person or persons and is legally bound to act solely in their best interests. Michael Ferrante and Connor Damon are consultants at FW Cook. He was assigned to lead 3Ms $5.5B Electronics & Energy Business Group in July 2017. 224-1W-02
Prior to 3M, Monish spent 26 years at GE where he held a variety of roles of increasing responsibility across GEs businesses. Throughout her life and career, Karina has lived and worked around the world. oYgd=??/_C|72KFSI. Coronavirus Tips Working and Protection, For its 2021 fiscal year, 3M CO, listed the following executives on its annual proxy statement to the SEC. For nine straight years, 3M has been recognized by Ethisphere as one of the Worlds Most Ethical Companies. For details of these risks and uncertainties please see the documents 3M files with the Securities and Exchange Commission. Words such as plan, expect, aim, believe, project, target, anticipate, intend, estimate, will, should, could, forecast and other words and terms of similar meaning, typically identify such forward-looking statements. from Grinnell College. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Opening up lines of communication to a second- or even third-degree connection could lead to an excellent fit for the board position you seek. SAI KRISHNA.docx - IBM Board of Directors (PAGE 10) Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Prior to 3M, Mark served as Chief Information Officer for Abbott Laboratories where he had global responsibilities for Abbotts technology landscape. 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. Mark holds a bachelors degree in electrical engineering from Purdue University, and an M.B.A. from Indiana University. Forward-looking statements relate to future events and typically address 3Ms expected future business and financial performance. Karina led strategic planning for the companys international operations and served as managing director for 3M Indonesia. Chicago, IL 60603. 3M Definitive Proxy Statement Jeff Lavers is the group president of 3Ms Consumer Business Group. One of our four strategic priorities at 3M is People & Culture because we know we will drive growth in our business and change in our communities by developing talent in an inclusive environment, Zoe says. Monish is a certified chartered accountant and a certified cost accountant from the Institute of Cost and Works Accountants of India. Tel: (651) 737-6523
Board of Directors | Committees | Abbott U.S. She is deeply involved in the companys operations, as well as the strategy development and overall execution of the companys successful acquisitions of LinkedIn and GitHub. PDF The Board of Directors (the "Board") of 3M Company ("3M" or the A. Private company board compensation programs have two common cash components: An annual retainer (the amount paid to each eligible director on an annual or quarterly basis for board service) is offered by 71% of private companies surveyed. He served in that role until 2012, when he became global business director for 3Ms Industrial Adhesives and Tapes Division. The median compensation for members of private company boards of directors was $44,850 in 2021, according to a global study by Lodestone Global. 3Ms culture brings together passionate people with purpose and strategy to solve some of the worlds toughest challenges.. Hornbaker suggests giving your resume to search firms youve dealt with in the past and letting them know you're interested in obtaining a board position. Jeff earned his bachelor of business administration degree in marketing and finance from the Robert O. Anderson School of Management at the University of New Mexico, Albuquerque. He joined 3M in 1988 as a senior design engineer. Various senior positions at Ita Unibanco Group , including CEO (January 2017 . Ms. Chow served as the CEO of AT&T Business from 2019 to 2022 after having served in various executive leadership positions at AT&T since 2000. Leonteq publishes agenda and proposal of the Board of Directors for the That year's top payer was Goldman Sachs Group Inc., which paid its directors an average of $599,279. In this role, Kevin led ongoing efforts during the COVID-19 pandemic to combat fraud, counterfeiting, and price gouging of N95 respirators. Head of Global Business Solutions, Fiserv, Inc. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. All proxy statements are public filings made available to the general public by the SEC. Retired Chairman of the Board and Chief Executive Officer, United Parcel Service, Inc., a provider of specialized transportation and logistics services. That's actually a 5% increase from the year before. Outside of work, Karina is an experience seeker, avid traveler and food lover who enjoys dancing and yoga. The brands listed above are trademarks of 3M. Mr. Kent held the position of Chairman of the Board from April 23, 2009 to April 30, 2019. He served as Coca-Colas Chief Executive Officer from July 2008 to April 2017. It goes a lot higher from there. In 2016, John moved to West Europe to serve as managing director of 3Ms D-A-CH region, which represents the companys combined operations in Germany, Austria and Switzerland. in Economics from Instituto Tecnolgico Autnomo de Mexico, a Masters in Economics for Development from Oxford University in the United Kingdom, and an MBA from Universit Libre de Bruxelles in Belgium. Dr. Ashish Khandpur is group president of 3Ms Transportation and Electronics Business Group. Retired Chairman of the Board and Chief Executive Officer, Cargill, Chairman of the Board and Chief Executive Officer, Caution Concerning Forward-Looking Statements, SDS, RDS, More Regulatory & Compliance Information. Exelon Corporation. 1 0 obj
You can learn more about the standards we follow in producing accurate, unbiased content in our. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Approximately 94% of companies denominate equity awards as a dollar value rather than as a fixed number of shares. endobj
118 0 obj
<>/Filter/FlateDecode/ID[<7EC0A6CD8E76974B8000B812351B4C61><50CA0BECC4E50243A657300F9E70214C>]/Index[102 22]/Info 101 0 R/Length 82/Prev 76119/Root 103 0 R/Size 124/Type/XRef/W[1 2 1]>>stream
The board chair receives an additional $200,000; the audit committee chair receives an additional $35,000; the compensation committee chair receives an additional $30,000, and the nominating committee chair receives an additional $25,000. 4 0 obj
He previously worked at St. Jude Medical for more than 15 years, holding multiple technology roles of increasing responsibility. 3 0 obj
Mike and his family enjoy a variety of physical fitness and outdoor activities. Ashish has a strong technical background and has authored 10 patents. After submitting your request, you will receive an activation email to the requested email address. 3M Adds To Board Of Directors - CleanLink Its members include current board members, aspiring board members, and corporations looking to hire board members. After submitting your request, you will receive an activation email to the requested email address. I was offered a promotion & salary increase (66k to 96k) in Dec but then in Jan the company fired my country VP who made the offer. The prevalence of committee member retainers has been stable year-over-year, while the use of committee meeting fees continues to decrease. In 2011, he became executive vice president of the Consumer Business Group, and in 2016 was appointed executive vice president of the Health Care Business Group. He began his professional career as a senior research engineer in 3M laboratories in St. Paul. Averages based on self-reported salaries. Another example would be compensation meetings to discuss compensation plans and awards.. By learning about the backgrounds of existing board members, you can extrapolate what the company is probably looking for in new ones. Investopedia does not include all offers available in the marketplace. Eric joined 3M in 1997, and held several leadership positions in the Finance organization, primarily in Health Care and Electronics. CleanLink News. As a CTO, Ashish led the global 3M team of over 8,000 scientists and engineers. He was a senior research chemist in the Visual Systems Division before joining 3M Italy as a product development engineer. As a former Big, Mike is a long-time supporter of Big Brothers Big Sisters of America. 123 0 obj
<>stream
He serves on the board of Abbott Laboratories and on the University of Minnesota Foundation Board of Trustees. The proxy statement also says the company isseekingexpertise in governance, strategy, development, and execution; people who understand financial, operational and strategic issues facing large retail companies; global or international business experience; technology and e-commerce experience; marketing, brand management or public relations experience; finance, accounting, or financial reporting experience; or regulatory or legal experience. Kevin Rhodes is Executive Vice President and Chief Legal Affairs Officer, overseeing legal, compliance, government affairs and global security matters for 3M. If you experience any issues with this process, please contact us for further assistance. Kereere currently serves as head of global business solutions for Fiserv Inc. She has more than 20 years of international business leadership experience, previously working in executive leadership positions with such companies as Visa and American Express before joining Fiserv. Investopedia requires writers to use primary sources to support their work. 3M CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Get a free, personalized salary estimate based on today's job market. Why Investors Should Look at the Proxy Statement, Disney Names New Chair, Eases Park Rules Amid Proxy Battle. Hornbaker also recommends becoming educated on the fundamentals of governance and directorship through a program such as the National Association of Corporate Directors Director Professionalism program. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The Board has delegated certain authority to a number of standing committees, including an Audit Committee, Compensation and Organization Committee and Nominating and Governance Committee. Prior to GE, Monish gained experience at A.F. PDF 3M Company Board of Directors Compensation Committee Charter (As John has a Ph.D. in inorganic chemistry from Stanford University, and a bachelors degree in chemistry from Hamline University. Most companies continue to use fixed-value equity award guidelines, with full-value stock awards remaining the most common form of equity compensation and providing the most consistent means to align director pay with shareholder interests.