Michael F. Roman

2020

In 2020, Michael F. Roman earned a total compensation of $20.7M as Chairman of the Board and Chief Executive Officer at 3M Company, a 13% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$7,709,350
Non-Equity Incentive Plan$1,582,901
Option Awards$5,001,553
Salary$1,299,948
Stock Awards$5,000,082
Other$106,513
Total$20,700,347

Roman received $7.7M of change in pension value and nonqualified deferred compensation earnings, accounting for 37% of the total pay in 2020.

Roman also received $1.6M in non-equity incentive plan, $5M in option awards, $1.3M in salary, $5M in stock awards and $106.5K in other compensation.

Rankings

In 2020, Michael F. Roman's compensation ranked 205th out of 13,090 executives tracked by ExecPay. In other words, Roman earned more than 98.4% of executives.

ClassificationRankingPercentile
All
205
out of 13,090
98th
Division
Manufacturing
59
out of 5,621
99th
Major group
Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks
3
out of 799
100th
Industry group
Surgical, Medical, And Dental Instruments And Supplies
1
out of 495
100th
Industry
Surgical and Medical Instruments and Apparatus
1
out of 313
100th

Pay ratio

Michael F. Roman's Pay$20,700,347
Median Employee's Pay$67,109
Pay Ratio

308

to 1

In 2020, the annual total compensation of Michael F. Roman was $20,700,347.

The annual total compensation of the median employee at 3M Company was $67,109.

The ratio of Michael F. Roman's pay to the pay of median employee was therefore 308 to one.

Source: SEC filing on March 24, 2021.

Roman's colleagues

We found six more compensation records of executives who worked with Michael F. Roman at 3M Company in 2020.

2020

Monish Patolawala

3M Company

Chief Financial Officer

2020

Nicholas Gangestad

3M Company

Chief Financial Officer

2020

Michael Vale

3M Company

Executive Vice President, Safety and Industrial Business Group

2020

Ashish Khandpur

3M Company

Group President

2020

Eric Hammes

3M Company

Executive Vice President, Enterprise Operations

2020

Mojdeh Poul

3M Company

Executive Vice President, Health Care Business Group

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