Michael G. Vale
2016
In 2016, Michael G. Vale earned a total compensation of $4.5M as Executive Vice President, Health Care Business Group at 3M Company, a 10% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $679,826 |
|---|---|
| Non-Equity Incentive Plan | $506,664 |
| Option Awards | $1,317,456 |
| Salary | $633,302 |
| Stock Awards | $1,316,777 |
| Other | $62,745 |
| Total | $4,516,770 |
Vale received $1.3M in option awards, accounting for 29% of the total pay in 2016.
Vale also received $679.8K of change in pension value and nonqualified deferred compensation earnings, $506.7K in non-equity incentive plan, $633.3K in salary, $1.3M in stock awards and $62.7K in other compensation.
Rankings
In 2016, Michael G. Vale's compensation ranked 1,885th out of 14,075 executives tracked by ExecPay. In other words, Vale earned more than 86.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,885 out of 14,075 | 87th |
Division Manufacturing | 641 out of 5,488 | 88th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 82 out of 819 | 90th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 41 out of 502 | 92nd |
Industry Surgical and Medical Instruments and Apparatus | 25 out of 305 | 92nd |
Source: SEC filing on March 22, 2017.
Vale's colleagues
We found five more compensation records of executives who worked with Michael G. Vale at 3M Company in 2016.
2016
Inge Thulin
3M Company
Chief Executive Officer
2016
Nicholas Gangestad
3M Company
Chief Financial Officer
2016
Michael Roman
3M Company
Executive Vice President, Industrial Business Group
2016
Hak Shin
3M Company
Vice Chair and Executive Vice President
2016
Joaquin Delgado
3M Company