Nicholas C. Gangestad

2020

In 2020, Nicholas C. Gangestad earned a total compensation of $6.6M as Former Senior Vice President and Chief Financial Officer at 3M Company, a 13% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$2,065,575
Non-Equity Incentive Plan$367,770
Option Awards$1,771,804
Salary$551,644
Stock Awards$1,771,360
Other$43,217
Total$6,571,370

Gangestad received $2.1M of change in pension value and nonqualified deferred compensation earnings, accounting for 31% of the total pay in 2020.

Gangestad also received $367.8K in non-equity incentive plan, $1.8M in option awards, $551.6K in salary, $1.8M in stock awards and $43.2K in other compensation.

Rankings

In 2020, Nicholas C. Gangestad's compensation ranked 1,532nd out of 13,090 executives tracked by ExecPay. In other words, Gangestad earned more than 88.3% of executives.

ClassificationRankingPercentile
All
1,532
out of 13,090
88th
Division
Manufacturing
572
out of 5,621
90th
Major group
Measuring, Analyzing, And Controlling Instruments; Photographic, Medical And Optical Goods; Watches And Clocks
61
out of 799
92nd
Industry group
Surgical, Medical, And Dental Instruments And Supplies
32
out of 495
94th
Industry
Surgical and Medical Instruments and Apparatus
19
out of 313
94th

Pay ratio

Nicholas C. Gangestad's Pay$6,571,370
Median Employee's Pay$67,109
Pay Ratio

98

to 1

In 2020, the annual total compensation of Nicholas C. Gangestad was $6,571,370.

The annual total compensation of the median employee at 3M Company was $67,109.

The ratio of Nicholas C. Gangestad's pay to the pay of median employee was therefore 98 to one.

Source: SEC filing on March 24, 2021.

Gangestad's colleagues

We found six more compensation records of executives who worked with Nicholas C. Gangestad at 3M Company in 2020.

2020

Michael Roman

3M Company

Chief Executive Officer

2020

Monish Patolawala

3M Company

Chief Financial Officer

2020

Michael Vale

3M Company

Executive Vice President, Safety and Industrial Business Group

2020

Ashish Khandpur

3M Company

Group President

2020

Eric Hammes

3M Company

Executive Vice President, Enterprise Operations

2020

Mojdeh Poul

3M Company

Executive Vice President, Health Care Business Group

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