3M Company (MMM)

178.06 +0.95 (+0.54%) At close: 4:04PM EST

3M Company

3M Center
St. Paul, MN 55144-1000
United States
651-733-1110
http://www.3m.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full Time Employees: 95,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Michael F. Roman	Chairman, Pres & CEO	2.68M	719.55k	1960
Dr. Michael G. Vale Ph.D.	Exec. VP of Safety & Industrial Bus. Group	1.19M	1.07M	1966
Dr. Ashish K. Khandpur	Exec. VP of Transportation & Electronics Bus. Group	1.06M	321k	1968
Mr. Monish D. Patolawala	Sr. VP & CFO	N/A	N/A	1972
Ms. Theresa E. Reinseth	VP, Corp. Controller & Chief Accounting Officer	N/A	N/A	1973
Dr. John P. Banovetz	Sr. VP of Innovation & Stewardship and CTO	N/A	N/A	1968
Mr. Bruce Jermeland C.F.A.	VP of Investor Relations	N/A	N/A	N/A
Mr. Ivan K. Fong	Sr. VP, Gen. Counsel & Sec.	N/A	N/A	1961
Michael A. Duran	VP and Chief Ethics & Compliance Officer	N/A	N/A	N/A
Ms. Kristen M. Ludgate	Sr. VP of HR	N/A	N/A	1963

Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

3M Company develops, manufactures, and markets various products worldwide. It operates through four business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers personal safety products, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules to industrial, electrical, and safety markets. The Transportation and Electronics provides electronics, such as display materials and systems, electronic materials solutions; automotive and aerospace, and commercial solutions; advanced materials; and transportation safety products to transportation and electronic original equipment manufacturer customers. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care, separation and purification sciences, health information systems, drug delivery systems, and food safety products to healthcare industry. The Consumer segment provides home improvement, home care, and consumer health care products, as well as stationery and office supplies to various consumers. This segment is also involved in the retail auto care business. It offers its products through various e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers, as well as directly to users. 3M Company has a strategic collaboration with Merry Maids in residential cleaning sector. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.

Corporate Governance

3M Company’s ISS Governance QualityScore as of December 3, 2020 is 5. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 3; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.