Michael G. Vale
2019
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,619,621 |
|---|---|
| Non-Equity Incentive Plan | $396,967 |
| Option Awards | $1,134,151 |
| Salary | $737,093 |
| Stock Awards | $1,134,348 |
| Other | $60,282 |
| Total | $5,082,462 |
Vale received $1.6M of change in pension value and nonqualified deferred compensation earnings, accounting for 32% of the total pay in 2019.
Vale also received $397K in non-equity incentive plan, $1.1M in option awards, $737.1K in salary, $1.1M in stock awards and $60.3K in other compensation.
Rankings
In 2019, Michael G. Vale's compensation ranked 2,147th out of 13,971 executives tracked by ExecPay. In other words, Vale earned more than 84.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,147 out of 13,971 | 85th |
Division Manufacturing | 778 out of 5,701 | 86th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 103 out of 832 | 88th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 54 out of 535 | 90th |
Industry Surgical and Medical Instruments and Apparatus | 32 out of 350 | 91st |
Pay ratio
| Michael G. Vale's Pay | $5,082,462 |
|---|---|
| Median Employee's Pay | $57,494 |
| Pay Ratio | 88to 1 |
In 2019, the annual total compensation of Michael G. Vale was $5,082,462.
The annual total compensation of the median employee at 3M Company was $57,494.
The ratio of Michael G. Vale's pay to the pay of median employee was therefore 88 to one.
Vale's colleagues
We found six more compensation records of executives who worked with Michael G. Vale at 3M Company in 2019.
2019
Michael Roman
3M Company
Chief Executive Officer
2019
Inge Thulin
3M Company
Chairman
2019
Nicholas Gangestad
3M Company
Chief Financial Officer
2019
Ashish Khandpur
3M Company
Executive Vice President, Transportation and Electronics Business Group
2019
Julie Bushman
3M Company
Executive Vice President, International Operations
2019
Joaquin Delgado
3M Company