Nicholas C. Gangestad

2019

In 2019, Nicholas C. Gangestad earned a total compensation of $7.6M as Senior Vice President and Chief Financial Officer at 3M Company, a 2% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,488,003
Non-Equity Incentive Plan$531,579
Option Awards$1,820,002
Salary$862,953
Stock Awards$1,820,102
Other$60,357
Total$7,582,996

Gangestad received $2.5M of change in pension value and nonqualified deferred compensation earnings, accounting for 33% of the total pay in 2019.

Gangestad also received $531.6K in non-equity incentive plan, $1.8M in option awards, $863K in salary, $1.8M in stock awards and $60.4K in other compensation.

Rankings

In 2019, Nicholas C. Gangestad's compensation ranked 1,203rd out of 13,971 executives tracked by ExecPay. In other words, Gangestad earned more than 91.4% of executives.

ClassificationRankingPercentile
All
1,203
out of 13,971
91st
Division
Manufacturing
417
out of 5,701
93rd
Major group
Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks
52
out of 832
94th
Industry group
Surgical, Medical, And Dental Instruments And Supplies
28
out of 535
95th
Industry
Surgical and Medical Instruments and Apparatus
16
out of 350
95th

Pay ratio

Nicholas C. Gangestad's Pay$7,582,996
Median Employee's Pay$57,494
Pay Ratio

132

to 1

In 2019, the annual total compensation of Nicholas C. Gangestad was $7,582,996.

The annual total compensation of the median employee at 3M Company was $57,494.

The ratio of Nicholas C. Gangestad's pay to the pay of median employee was therefore 132 to one.

Source: SEC filing on March 25, 2020.

Gangestad's colleagues

We found six more compensation records of executives who worked with Nicholas C. Gangestad at 3M Company in 2019.

2019

Michael Roman

3M Company

Chief Executive Officer

2019

Inge Thulin

3M Company

Chairman

2019

Ashish Khandpur

3M Company

Executive Vice President, Transportation and Electronics Business Group

2019

Julie Bushman

3M Company

Executive Vice President, International Operations

2019

Michael Vale

3M Company

Executive Vice President, Safety and Industrial Business Group

2019

Joaquin Delgado

3M Company

Former Executive Vice President, Consumer Business Group

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