Michael G. Vale
2018
In 2018, Michael G. Vale earned a total compensation of $3.7M as Executive Vice President, Safety and Industrial Business Group at 3M Company, a 21% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $127,703 |
|---|---|
| Non-Equity Incentive Plan | $533,871 |
| Option Awards | $1,134,284 |
| Salary | $707,186 |
| Stock Awards | $1,134,260 |
| Other | $65,850 |
| Total | $3,703,154 |
Vale received $1.1M in option awards, accounting for 31% of the total pay in 2018.
Vale also received $127.7K of change in pension value and nonqualified deferred compensation earnings, $533.9K in non-equity incentive plan, $707.2K in salary, $1.1M in stock awards and $65.9K in other compensation.
Rankings
In 2018, Michael G. Vale's compensation ranked 3,037th out of 14,244 executives tracked by ExecPay. In other words, Vale earned more than 78.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,037 out of 14,244 | 79th |
Division Manufacturing | 1,120 out of 5,759 | 81st |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 131 out of 849 | 85th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 65 out of 547 | 88th |
Industry Surgical and Medical Instruments and Apparatus | 38 out of 348 | 89th |
Source: SEC filing on March 25, 2020.
Vale's colleagues
We found five more compensation records of executives who worked with Michael G. Vale at 3M Company in 2018.
2018
Inge Thulin
3M Company
Chairman
2018
Michael Roman
3M Company
Chief Executive Officer
2018
Nicholas Gangestad
3M Company
Chief Financial Officer
2018
Julie Bushman
3M Company
Executive Vice President, International Operations
2018
Joaquin Delgado
3M Company