Michael G. Vale
2020
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,886,940 |
|---|---|
| Non-Equity Incentive Plan | $845,395 |
| Option Awards | $1,134,504 |
| Salary | $745,890 |
| Stock Awards | $1,134,184 |
| Other | $78,283 |
| Total | $5,825,196 |
Vale received $1.9M of change in pension value and nonqualified deferred compensation earnings, accounting for 32% of the total pay in 2020.
Vale also received $845.4K in non-equity incentive plan, $1.1M in option awards, $745.9K in salary, $1.1M in stock awards and $78.3K in other compensation.
Rankings
In 2020, Michael G. Vale's compensation ranked 1,821st out of 13,090 executives tracked by ExecPay. In other words, Vale earned more than 86.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,821 out of 13,090 | 86th |
Division Manufacturing | 704 out of 5,621 | 88th |
Major group Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks | 79 out of 799 | 90th |
Industry group Surgical, Medical, And Dental Instruments And Supplies | 42 out of 495 | 92nd |
Industry Surgical and Medical Instruments and Apparatus | 25 out of 313 | 92nd |
Pay ratio
| Michael G. Vale's Pay | $5,825,196 |
|---|---|
| Median Employee's Pay | $67,109 |
| Pay Ratio | 87to 1 |
In 2020, the annual total compensation of Michael G. Vale was $5,825,196.
The annual total compensation of the median employee at 3M Company was $67,109.
The ratio of Michael G. Vale's pay to the pay of median employee was therefore 87 to one.
Vale's colleagues
We found six more compensation records of executives who worked with Michael G. Vale at 3M Company in 2020.
2020
Michael Roman
3M Company
Chief Executive Officer
2020
Monish Patolawala
3M Company
Chief Financial Officer
2020
Nicholas Gangestad
3M Company
Chief Financial Officer
2020
Ashish Khandpur
3M Company
Group President
2020
Eric Hammes
3M Company
Executive Vice President, Enterprise Operations
2020
Mojdeh Poul
3M Company