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3M Company (MMM)

NYSE - NYSE Delayed Price. Currency in USD
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197.94-0.23 (-0.12%)
At close: 4:02PM EDT

3M Company

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

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full Time Employees95,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael F. RomanChairman, Pres & CEO2.99M1.34M1960
Mr. Monish D. PatolawalaExec. VP & CFO1.56MN/A1972
Dr. Michael G. Vale Ph.D.Group Pres of Safety & Industrial1.67M460.05k1966
Mr. Eric D. HammesGroup Pres of Enterprise Operations911.86k58.37k1975
Ms. Mojdeh PoulGroup Pres of Health Care1.1MN/A1963
Ms. Theresa E. ReinsethSr. VP, Corp. Controller & Chief Accounting OfficerN/AN/A1973
Dr. John P. BanovetzExec. VP, CTO & Environmental ResponsibilityN/AN/A1968
Mr. Bruce Jermeland C.F.A.VP of Investor RelationsN/AN/AN/A
Mr. Ivan K. FongExec. VP, Chief Legal & Policy Officer and Sec.N/AN/A1961
Michael A. DuranSr. VP and Chief Ethics & Compliance OfficerN/AN/AN/A
Amounts are as of December 31, 2020 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; and collaborations with The Infectious Disease Research Institute and Duke Human Vaccine Institute to create a vaccine candidate with potential to provide protection against multiple variants of SARS-CoV-2. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.

Corporate Governance

3M Company’s ISS Governance QualityScore as of July 1, 2021 is 6. The pillar scores are Audit: 10; Board: 3; Shareholder Rights: 4; Compensation: 8.

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.