Michael G. Vale

2019

In 2019, Michael G. Vale earned a total compensation of $5.1M as Executive Vice President, Safety and Industrial Business Group at 3M Company, a 37% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$1,619,621
Non-Equity Incentive Plan$396,967
Option Awards$1,134,151
Salary$737,093
Stock Awards$1,134,348
Other$60,282
Total$5,082,462

Vale received $1.6M of change in pension value and nonqualified deferred compensation earnings, accounting for 32% of the total pay in 2019.

Vale also received $397K in non-equity incentive plan, $1.1M in option awards, $737.1K in salary, $1.1M in stock awards and $60.3K in other compensation.

Rankings

In 2019, Michael G. Vale's compensation ranked 2,147th out of 13,971 executives tracked by ExecPay. In other words, Vale earned more than 84.6% of executives.

ClassificationRankingPercentile
All
2,147
out of 13,971
85th
Division
Manufacturing
778
out of 5,692
86th
Major group
Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks
103
out of 832
88th
Industry group
Surgical, Medical, And Dental Instruments And Supplies
54
out of 535
90th
Industry
Surgical and Medical Instruments and Apparatus
32
out of 350
91st

Pay ratio

Michael G. Vale's Pay$5,082,462
Median Employee's Pay$57,494
Pay Ratio

88

to 1

In 2019, the annual total compensation of Michael G. Vale was $5,082,462.

The annual total compensation of the median employee at 3M Company was $57,494.

The ratio of Michael G. Vale's pay to the pay of median employee was therefore 88 to one.

Source: SEC filing on March 25, 2020.

Vale's colleagues

We found six more compensation records of executives who worked with Michael G. Vale at 3M Company in 2019.

2019

Michael Roman

3M Company

Chief Executive Officer

2019

Inge Thulin

3M Company

Chairman

2019

Nicholas Gangestad

3M Company

Chief Financial Officer

2019

Ashish Khandpur

3M Company

Executive Vice President, Transportation and Electronics Business Group

2019

Julie Bushman

3M Company

Executive Vice President, International Operations

2019

Joaquin Delgado

3M Company

Former Executive Vice President, Consumer Business Group

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