Michael F. Roman

2021

In 2021, Michael F. Roman earned a total compensation of $18.2M as Chairman of the Board and Chief Executive Officer at 3M Company, a 12% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,978,538
Non-Equity Incentive Plan$3,131,774
Option Awards$5,250,960
Salary$1,337,487
Stock Awards$5,250,138
Other$251,687
Total$18,200,584

Roman received $5.3M in option awards, accounting for 29% of the total pay in 2021.

Roman also received $3M of change in pension value and nonqualified deferred compensation earnings, $3.1M in non-equity incentive plan, $1.3M in salary, $5.3M in stock awards and $251.7K in other compensation.

Rankings

In 2021, Michael F. Roman's compensation ranked 385th out of 12,415 executives tracked by ExecPay. In other words, Roman earned more than 96.9% of executives.

ClassificationRankingPercentile
All
385
out of 12,415
97th
Division
Manufacturing
120
out of 5,505
98th
Major group
Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks
10
out of 801
99th
Industry group
Surgical, Medical, And Dental Instruments And Supplies
5
out of 522
99th
Industry
Surgical and Medical Instruments and Apparatus
2
out of 327
99th

Pay ratio

Michael F. Roman's Pay$18,200,584
Median Employee's Pay$71,821
Pay Ratio

253

to 1

In 2021, the annual total compensation of Michael F. Roman was $18,200,584.

The annual total compensation of the median employee at 3M Company was $71,821.

The ratio of Michael F. Roman's pay to the pay of median employee was therefore 253 to one.

Source: SEC filing on March 23, 2022.

Roman's colleagues

We found four more compensation records of executives who worked with Michael F. Roman at 3M Company in 2021.

2021

Monish Patolawala

3M Company

Executive Vice President, Chief Financial and Transformation Officer

2021

Michael Vale

3M Company

Group President

2021

Mojdeh Poul

3M Company

Group President

2021

Ashish Khandpur

3M Company

Group President

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