Michael G. Vale
2017
In 2017, Michael G. Vale earned a total compensation of $4.7M as Executive Vice President, Safety and Industrial Business Group at 3M Company, a 4% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $980,555 |
|---|---|
| Non-Equity Incentive Plan | $629,703 |
| Option Awards | $1,165,908 |
| Salary | $693,221 |
| Stock Awards | $1,165,361 |
| Other | $61,498 |
| Total | $4,696,246 |
Vale received $1.2M in option awards, accounting for 25% of the total pay in 2017.
Vale also received $980.6K of change in pension value and nonqualified deferred compensation earnings, $629.7K in non-equity incentive plan, $693.2K in salary, $1.2M in stock awards and $61.5K in other compensation.
Rankings
In 2017, Michael G. Vale's compensation ranked 2,064th out of 14,666 executives tracked by ExecPay. In other words, Vale earned more than 85.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,064 out of 14,666 | 86th |
Division Manufacturing | 709 out of 5,772 | 88th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 98 out of 859 | 89th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 50 out of 531 | 91st |
Industry Surgical and Medical Instruments and Apparatus | 30 out of 336 | 91st |
Source: SEC filing on March 25, 2020.
Vale's colleagues
We found six more compensation records of executives who worked with Michael G. Vale at 3M Company in 2017.
2017
Inge Thulin
3M Company
Chief Executive Officer
2017
Nicholas Gangestad
3M Company
Chief Financial Officer
2017
Frank Little
3M Company
Executive Vice President, Safety and Graphics Business Group
2017
Michael Roman
3M Company
Chief Operating Officer
2017
Hak Shin
3M Company
Vice Chair and Executive Vice President
2017
Joaquin Delgado
3M Company