Hak Cheol Shin
2014
In 2014, Hak Cheol Shin earned a total compensation of $7M as Executive Vice President, International Operations at 3M Company, a 120% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,007,619 |
|---|---|
| Non-Equity Incentive Plan | $621,458 |
| Option Awards | $637,534 |
| Salary | $765,496 |
| Stock Awards | $2,833,107 |
| Other | $111,142 |
| Total | $6,976,356 |
Shin received $2.8M in stock awards, accounting for 41% of the total pay in 2014.
Shin also received $2M of change in pension value and nonqualified deferred compensation earnings, $621.5K in non-equity incentive plan, $637.5K in option awards, $765.5K in salary and $111.1K in other compensation.
Rankings
In 2014, Hak Cheol Shin's compensation ranked 952nd out of 13,032 executives tracked by ExecPay. In other words, Shin earned more than 92.7% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 952 out of 13,032 | 93rd |
Division Manufacturing | 341 out of 4,966 | 93rd |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 43 out of 736 | 94th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 21 out of 446 | 95th |
Industry Surgical and Medical Instruments and Apparatus | 12 out of 275 | 96th |
Source: SEC filing on March 25, 2015.
Shin's colleagues
We found five more compensation records of executives who worked with Hak Cheol Shin at 3M Company in 2014.
2014
Inge Thulin
3M Company
Chief Executive Officer
2014
Julie Bushman
3M Company
Senior Vice President, Business Transformation and Information Technology
2014
Michael Vale
3M Company
Executive Vice President, Health Care Business Group
2014
David Meline
3M Company
Chief Financial Officer
2014
Nicholas Gangestad
3M Company