For the past eight years, Ms. Tel: (651) 737-6523 Could you fill that gap? Ms. Craig is on the boards of the following public companies in addition to 3M: Corning, Inc.; Merck & Company; Progressive (Insurance) Corporation. Its about creating an environment that unlocks the full potential of teams and individuals and, as a result, achieves even higher performance and more engaged employees.. Our household income is $240k and have $400k for down payment after selling all stocks. To effectively drive growth, it is important to keep the customer at the center of everything we do. Words such as plan, expect, aim, believe, project, target, anticipate, intend, estimate, will, should, could, forecast and other words and terms of similar meaning, typically identify such forward-looking statements. Head of Global Business Solutions, Fiserv, Inc., a leading fintech and payments company. You can sometimes learn what companies seek in their board members by reading the companys annual proxy statement. He returned to the Visual Systems Division before another posting in Italy as a laboratory and project manager. Higher-paying sectors tend to place a greater weighting on equity; Energy and Technology companies have the most equity-heavy mix while Financial Services organizations have the least. Mike holds a masters degree in Electrical Engineering from the University of Southern California, and a bachelors degree from the University of Minnesota. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. That's actually a 5% increase from the year before . Mr. Mr. Dillon is on the board of the following public company in addition to 3M: Union Pacific Corporation. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Really nervous. Mr. Pizarro served as president of SCE from 2014 to 2016. Kevin Rhodes is Executive Vice President and Chief Legal Affairs Officer, overseeing legal, compliance, government affairs and global security matters for 3M. Before joining the Edison International companies, Mr. Pizarro was a senior engagement manager with McKinsey & Company. Ms. Chow earned her bachelor's and master's degrees in electrical engineering, and a master's degree in business administration, from Cornell University. From May 2005 through January 2006, he was President and Chief Operating Officer of The Coca-Cola Companys North Asia, Eurasia and Middle East Group. John and his team also oversee 3Ms environmental responsibility efforts, with a focus on advancing environmental stewardship and accelerating 3Ms environmental commitments. To address this data deficiency, Compensation Advisory Partners (CAP) and Family Business and Private Company Director magazines conducts our Private Company Board Compensation and Governance Survey. Kevin is a champion for diversity and inclusion in the legal profession, growing talent and serving communities. Outside of work, Monish enjoys reading, music, watching cricket, playing tennis or badminton and spending time with his family. @,s30_j0 \ from Grinnell College. Average compensation in 2018 at those firms was $304,856, according to Reuters. President and CEO, Edison International, the parent company of Southern California Edison (SCE), one of the nations largest electric utilities, since 2016. Help make it more accurate by adding yours. Rogers adds, Board members are the representatives of the shareholders, and it is their fiduciary duty to oversee the affairs of the corporation, including overall performance and fiscal strength, and to serve as a consultant for managementparticularly with respect to the strategic and operational directives of the company.. Complement your online networking with face-to-face connections at events, conferences, and social gatherings, he says. Eric serves on the boards of the U.S. Chamber of Commerce, St. Paul & Minnesota Foundation, and National Association of Manufacturing. Chairman of the Board and Chief Executive Officer of 3M Company. Retired Chief Financial Officer, Accenture plc., a global management consulting, technology services and outsourcing company. Throughout her career she has led successful transformation, sales and customer initiatives at Fortune 100 companies across global business lines and regional high-growth start-ups. About3M in Economics from Instituto Tecnolgico Autnomo de Mexico, a Masters in Economics for Development from Oxford University in the United Kingdom, and an MBA from Universit Libre de Bruxelles in Belgium. In this role, he leverages his many years of experience as both a technology and business leader. 3M Investor Relations Department Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Ms. Kereere is also a longtime champion for equity and inclusion in business and society. Anne Chow and Pedro Pizarro elected to 3M Board of Directors, Caution Concerning Forward-Looking Statements, https://www.prnewswire.com/news-releases/anne-chow-and-pedro-pizarro-elected-to-3m-board-of-directors-301741429.html, SDS, RDS, More Regulatory & Compliance Information. All proxy statements are public filings made available to the general public by the SEC. Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. By learning about the backgrounds of existing board members, you can extrapolate what they may be looking for in new ones. Hornbaker also recommends becoming educated on the fundamentals of governance and directorship through a program such as the National Association of Corporate Directors Director Professionalism program. 3M CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. The median compensation for members of private company boards of directors was $44,850 in 2021, according to a global study by Lodestone Global. Ive been fortunate enough to see this company from many, many anglesand 3M is impressive no matter where you are in the world.. "Looking at Board of Directors Compensation: What Do Board Members Do to Earn Large Salaries? Retired Chairman of the Board and Chief Executive Officer, The Kroger Co. investorrelations@3M.com. I have been an Office Manager 21 yrs. ST. PAUL, Minn., Feb. 8, 2023 /PRNewswire/ -- 3M (NYSE: MMM) announced today that Anne H. Chow, retired chief executive officer of AT&T Business, and Pedro J. Pizarro, president and chief. In addition to his role at 3M, he is on the Presidents Council of Advisors on Science and Technology (PCAST), the Board of Trustees at the Science Museum of Minnesota and is an emeritus trustee for Hamline University. The information on this website, including any documents posted herein, contains a significant amount of information about 3M. Effective April 1, 2019, Ashish was appointed to lead the newly created 3Ms Transportation and Electronics Business Group, with total revenues of approximately $10B. After spending almost two years with Aearo integrating it into 3M, Mike became managing director of 3M Brazil in 2009. investorrelations@3M.com. Phone: 651-737-6501 or 800-3M-HELPS 3M Investor Relations Department Bldg. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. "People from all backgrounds and experiences work together and create new and differentiated solutions to solve our customers' and their customers' problems -- across so many industries and geographies.". 3M announced that Suzan Kereere, head of Global Business Solutions at Fiserv, Inc., has been elected to 3M's Board of Directors, effective Feb. 10, 2022. It regularly meets in executive session, without the presence of Rogers' management. Prior to joining 3M in 2001, Kevin was a partner at Kirkland & Ellis in Chicago. 3 0 obj When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. ST. PAUL, Minn., Feb. 8, 2023 /PRNewswire/ -- 3M (NYSE: MMM) announced today that Anne H. Chow, retired chief executive officer of AT&T Business, and Pedro J. Pizarro, president and chief executive officer of Edison International, have been elected to 3M's Board of Directors, effective Feb. 9, 2023. The estimated total pay for a Director at 3M is $345,577 per year. Dow's Board of Directors exemplifies good governance with solid, diverse experience and credentials. In early 2020, Garfield Bowen was leading global R&D operations and project management for one of 3Ms largest divisions when he got a call from the chief human resources officer a call that would completely change his career trajectory. Prior to her current role, she served as senior vice president of Talent, Learning and Insights. Leaders serve by creating an inclusive environment which values diverse perspectives, teamwork and innovation. Exelon Corporation. How can I negotiate if they say the offer is off, Planning to bid on a house - 1.3M, with a base salary of 210K - in Seattle.. Worth it? Working globally, and having led in United States, West Europe, and Asia Pacific, he has always focused on maximizing value for customers, employees, and shareholders. He joined 3M in October 2021 as executive vice president and chief information & digital officer, helping lead the digital transformation of the $32 billion science-based company. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Additional pay could include bonus, stock, commission, profit sharing or tips. He also served as a trustee on the board for University of St. Thomas and as a board member of the 3M Foundation in the past with particular focus on STEM (science, technology, engineering and math) education.. I was offered a promotion & salary increase (66k to 96k) in Dec but then in Jan the company fired my country VP who made the offer. Year-over-year increases to total compensation, at the median, were modest among large-cap and mid-cap companies compared to small-cap companies, which had a relatively significant increase . The average mix across the entire sample is 43% cash and 57% equity. To find out what any publicly held company pays its board members, read the companys annual proxystatement, available from its corporate website or the Securities and Exchange Commission website. CleanLink News. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). ST. PAUL, Minn., Feb. 9, 2022 /PRNewswire/ -- 3M (NYSE: MMM) announced today that Suzan Kereere, Head of Global Business Solutions at Fiserv, Inc., has been elected to 3M's Board of Directors, effective February 10, 2022.In connection with Ms. Kereere's election, the Board of Directors increased its size from 12 to 13 members. By providing your email address below, you are providing consent to 3M to send you the requested Investor Email Alert updates. I have been trying to get a review ever since and no one will say what is going on. He previously had led 3Ms Digital Transformation, one of the companys three value creation levers. Mike became chairman of the board in May 2019 and chief executive officer in July 2018. Only outside directors get compensation specifically for serving on the board. He received his J.D., magna cum laude, from Northwestern University; and his B.A. Coronavirus Tips Working and Protection, For its 2021 fiscal year, 3M CO, listed the following executives on its annual proxy statement to the SEC. In 2003 he joined McKinsey & Company, and in 2007 rejoined 3M and assumed responsibility for the overall planning and implementation of corporate strategic initiatives. 3M has added Suzan Kereere to its board of directors. Approximately 85% of companies have director ownership guidelines, while stock retention requirements are less common, present at 42% of companies. For its 2021 fiscal year, 3M CO, listed the following CEO pay ratio data on its annual proxy statement to the SEC. In this role, Kevin led ongoing efforts during the COVID-19 pandemic to combat fraud, counterfeiting, and price gouging of N95 respirators. Of this total $47,843 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options . She also has a long track record of community leadership involvement in strategic board and advisory work focused on driving success at the intersection of people, culture, and technology. She previously held executive leadership roles in global merchant sales and acquiring at Visa from 2016 to 2021. Country Governance and Services comprises Global Country Leadership, the Workplace Group, Global Service Centers, and 3Ms Emerging Markets. endstream endobj 103 0 obj <. Leadership is facilitating and embracing evolution, and accompanying the paths for change, Karina says. It claims that including the USW proposal would involve "significant time, cost and resource . I am starting to look elsewhere but I have great WFH life now. Once you find a good prospect, you must be nominated by the nomination committee, then approved by shareholder election. The most common director ownership guideline is 5x the annual cash retainer with a 5-year timeframe to meet the guideline. The median board retainer for large-cap companies increased slightly by $2,500 to $92,500 and remained flat at mid-cap and small-cap companies (at $75,000 and $60,000, respectively). Retired Group Vice President, Global Purchasing, Ford Motor Company, a global automotive industry leader. View SAI KRISHNA.docx from STAT 5561 at University of Missouri, Kansas City. He was most recently head of 3Ms Health Care Business Group, and prior to that led the companys Consumer Business Group. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. In early 2014, Ashish began leading one of 3Ms biggest businesses the Personal Safety Division and later that same year he was named the chief technology officer (CTO) and senior vice president of research and development of 3M. Tel: (651) 737-6523 Throughout his 20-year 3M career, Kevin has led legal teams in areas of increasing responsibility. Of this total $155,000 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options, $185,000 was awarded as stock and $917 came from other . The brands listed above are trademarks of 3M. Aside from the financial compensation, your reward will be having substantial input into major decisions made by the company, such as executive hires, policies on dividends and stock options, and executive payall while representing the best interests of management and shareholders. You must click the activation link in order to complete your subscription. Words such as plan, expect, aim, believe, project, target, anticipate, intend, estimate, will, should, could, forecast and other words and terms of similar meaning, typically identify such forward-looking statements. Walmart's current board members include Cesar Conde, 47, chair of NBCUniversal, and Marissa Mayer, 46, who is well-known for the high positions she achieved at Google and Yahoo. A director elected to the Board after the beginning of a Plan Year may elect, by written notice to 3M within 30 days after such director's term begins, to participate in the Compensation alternatives for the remainder of that Plan Year, and election for succeeding years shall be on the same basis as for other directors.
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