3M

3M

MMM· Manufacturing· Fiscal year ends in December

William M. Brown is the CEO of 3M. At the 2024 meeting, 45% of votes supported executive pay, below 70%.

Executives5

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  1. 1Kevin H. RhodesFY2024
  2. 2Anurag MaheshwariNot disclosed
  3. 3Christian T. GoralskiNot disclosed
  4. 4Wendy A. BauerNot disclosed
  5. 5William M. BrownNot disclosed

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Pay

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3M paid its 3 named executives $31.2M in total in FY2024 (Dec).

Name
Kevin H. RhodesExecutive Vice President, Chief Legal Affairs Officer and SecretaryNot disclosed

of each named executive, from the Summary Compensation Table of each proxy.

Say on pay3

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45% of votes supported executive pay. Support was 87% the year before.

May 14, 202445.0%Below 70%
May 9, 202386.9%
May 10, 202287.7%

From the 8-K the company files after each annual meeting. Support is votes for over votes cast.

Peers21

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The FY2025 (Dec) proxy of 3M names 21 peer companies for pay. Among 3M and these peers, CEO pay was 5th highest of 16 and total shareholder return was 12th highest of 16.

5th highest of 16in 3M and its pay peers, FY2025 (Dec) by CEO pay:

$7.9M$27.9M

12th highest of 16in 3M and its pay peers, FY2025 (Dec) by total shareholder return:

$55$409

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board1

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  • Jim FitterlingLead independent director · 4 yr on the boardIndependentCompensation and Talent—Paid as an executive

The board of the latest proxy (FY2025).

Activity

  1. Pay
    3M Division head pay rose 38% to $7.2M in FY2024 (Dec).
    DEF 14A
  2. Vote
    At the 3M meeting on May 14, 2024, 45% of votes supported executive pay. Support was 87% the year before.
    8-K
  3. Pay
    3M Division head pay rose 19% to $5.2M in FY2023 (Dec).
    DEF 14A
  4. Pay
    3M President pay rose 17% to $9.0M in FY2023 (Dec).
    DEF 14A
  5. Pay
    3M President pay fell 19% to $7.7M in FY2022 (Dec).
    DEF 14A
  6. Pay
    3M President pay rose 18% to $9.5M in FY2021 (Dec).
    DEF 14A
  7. Pay
    3M Executive chair pay rose 17% to $16.4M in FY2023 (Dec).
    DEF 14A
  8. Pay
    3M Executive chair pay fell 23% to $14.0M in FY2022 (Dec).
    DEF 14A
  9. Pay
    3M Executive chair pay fell 12% to $18.2M in FY2021 (Dec).
    DEF 14A
  10. Board
    William M. Brown joined the board of 3M. William M. Brown now sits on 2 public boards.
    3
  11. Board
    Wayne Sanderson joined the board of 3M. Wayne Sanderson sits on no other public board.
    3
  12. Board
    Thomas W. Sweet joined the board of 3M. Thomas W. Sweet sits on no other public board.
    3
  13. Board
    Pedro J. Pizarro joined the board of 3M. Pedro J. Pizarro now sits on 2 public boards.
    3
  14. Board
    Audrey Choi joined the board of 3M. Audrey Choi sits on no other public board.
    3
  15. Board
    Anne H. Chow joined the board of 3M. Anne H. Chow now sits on 2 public boards.
    3
  16. Vote
    At the 3M meeting on May 9, 2023, 87% of votes supported executive pay. Support was 88% the year before.
    8-K
  17. Pay
    3M Division head pay rose 23% to $4.2M in FY2021 (Dec).
    DEF 14A
  18. Pay
    3M Division head pay fell 27% to $4.3M in FY2021 (Dec).
    DEF 14A
  19. Pay
    3M Division head pay rose 15% to $5.8M in FY2020 (Dec).
    DEF 14A
  20. Pay
    3M Executive chair pay rose 13% to $20.7M in FY2020 (Dec).
    DEF 14A

Filings42

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Current report8-KJun 8, 2026—
Current report8-KMay 13, 2026—
Proxy statementDEF 14AMar 25, 2026FY2025
Current report8-KFeb 5, 2026—
Annual report10-KFeb 3, 2026FY2025
Current report8-KAug 15, 2025—
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