Michael G. Vale
2015
In 2015, Michael G. Vale earned a total compensation of $4.1M as Executive Vice President, Health Care Business Group at 3M Company, a 23% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $519,134 |
|---|---|
| Non-Equity Incentive Plan | $531,622 |
| Option Awards | $1,193,802 |
| Salary | $579,780 |
| Stock Awards | $1,194,309 |
| Other | $73,086 |
| Total | $4,091,733 |
Vale received $1.2M in stock awards, accounting for 29% of the total pay in 2015.
Vale also received $519.1K of change in pension value and nonqualified deferred compensation earnings, $531.6K in non-equity incentive plan, $1.2M in option awards, $579.8K in salary and $73.1K in other compensation.
Rankings
In 2015, Michael G. Vale's compensation ranked 2,116th out of 13,638 executives tracked by ExecPay. In other words, Vale earned more than 84.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,116 out of 13,638 | 85th |
Division Manufacturing | 756 out of 5,187 | 85th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 89 out of 754 | 88th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 49 out of 460 | 89th |
Industry Surgical and Medical Instruments and Apparatus | 25 out of 287 | 91st |
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 2015.
2015
Inge Thulin
3M Company
Chief Executive Officer
2015
Michael Kelly
3M Company
Former Executive Vice President, Electronics and Energy Business Group
2015
Nicholas Gangestad
3M Company
Chief Financial Officer
2015
Hak Shin
3M Company
Vice Chair and Executive Vice President
2015
Joaquin Delgado
3M Company