Monish is a certified chartered accountant and a certified cost accountant from the Institute of Cost and Works Accountants of India. Tel: (651) 737-6523 The Board is mainly comprised of outside, independent directors. The brands listed above are trademarks of 3M. Kereere has over 20 years of experience in leading global . He previously led the companys litigation function, and served for more than ten years as chief intellectual property counsel, with responsibility for managing the global intellectual property assets of 3M and its worldwide affiliates. Dr. Moyo is on the board of the following organizations in addition to 3M: Chevron Corporation and Conde Nast. Three years later, he was tapped to lead 3M's corporate research lab. Before that, he served as president and chief operating officer of Dow and also previously served as chief operating officer for the Materials Science division of DowDuPont. Shareholders can communicate with the Chairman of the Corporate Governance Committee or with the independent directors as a group by writing to them c/o: Gayle Littleton, Executive Vice President, General Counsel. "3M is a globally diverse company in so many dimensions," Ashish says. If you experience any issues with this process, please contact us for further assistance. "We are very pleased to further strengthen 3M's board with two highly accomplished, world-class leaders," said 3M chairman and CEO Mike Roman. You will compete for board positions with people who have been extremely successful at a young age. Non-employee directors also receive an annual cash retainer of $100,000. 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. So what does he do when hes not in the office? For example, audit committees have regular meetings before public filings, she says. She earned a B.A. His team supports the success of the 3M Operating Model, ensuring strong customer and employee engagement globally, protecting the reputation of 3M, providing world global services, while driving the companys workplace transformation strategy. Ashish serves as a member of the board of directors of Constellation and on the Deans advisory board for the College of Science and Engineering at the University of Minnesota. Description 3M Co. 3M Co. is a technology company, which manufactures industrial, safety, and consumer products. A non-executive director is a member of a company's board of directors who is not part of the executive team. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. During his leadership, this business was transformed through a thorough portfolio prioritization and diversification in fast growth segments, becoming a strong contributor to the company results. That's actually a 5% increase from the year before . Download required. 3M United States Investor Relations Governance Board of Directors Investor Relations IR Home About 3M Stock Information Financials Events & Presentations News Governance Resources Board of Directors Thomas K. Brown Retired Group Vice President, Global Purchasing, Ford Motor Company Anne H. Chow Retired Chief Executive Officer, AT&T Business 3M Company Board of Directors Compensation Committee Charter (As Amended February 10, 2003) A. I have been an Office Manager 21 yrs. 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. Tel: (651) 737-6523 2020 Director Compensation Report - The Harvard Law School Forum on Effective April 1, 2019, Ashish was appointed to lead the newly created 3Ms Transportation and Electronics Business Group, with total revenues of approximately $10B. 3M Investor Relations Department 3M(NYSE: MMM) believes science helps create a brighter world for everyone. Inside directors, who are mostly C-suite level executives, don't receive additional compensation. 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. Walmart. He leads a global Legal Affairs team that helps guide business opportunities, address enterprise risks, protect intellectual property, shape the development of law and policy, and strengthen compliance and security. Chairman of the Board and Chief Executive Officer, Executive Vice President, Chief Technology Officer and Environmental Responsibility, Senior Vice President and Chief Strategy Officer, Executive Vice President and Chief Human Resources Officer, Executive Vice President, Chief Country Governance and Services Officer, Group President, Transportation & Electronics, Group President, Consumer and Interim Group President, Health Care, Executive Vice President, Chief Information and Digital Officer, Executive Vice President, Chief Financial and Transformation Officer, Executive Vice President and Chief Legal Affairs Officer, Caution Concerning Forward-Looking Statements, SDS, RDS, More Regulatory & Compliance Information. 3M CO income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. In this role, Kevin led ongoing efforts during the COVID-19 pandemic to combat fraud, counterfeiting, and price gouging of N95 respirators. Tel: (651) 737-6523 Creating an atmosphere that allows people to perform at their best, collaborate broadly and enrich their own perspective makes for powerful outcomes.. (2005-2013) (alternate member of the Board of Directors, (1999 to 2005)) Previous experience. Zoe has been the architect of 3Ms talent and organization effectiveness strategies, and a passionate advocate for embedding diversity, equity and inclusion across the company. 3M CO annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Only outside directors get compensation specifically for serving on the board. After submitting your request, you will receive an activation email to the requested email address. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Help make it more accurate by, Get started with your Free Employer Profile, average salary for a Director is $129,368 per year in United States, The Ultimate Job Interview Preparation Guide. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. Incorporation is the legal process by which a business entity is formed. Outside of work, Monish enjoys reading, music, watching cricket, playing tennis or badminton and spending time with his family. The more qualifications you can bring to the table, the better. U.S. company directors compensated more than ever, but now risk backlash, Few Hours, Soaring Pay for Corporate Board Members. Its members include current board members, aspiring board members, and corporations looking to hire board members. 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. Outside directors who hold certain board positions receive an additional annual retainer:$35,000 for the lead independent director; $25,000 for audit committee members and for compensation, nominating, and governance committee members; and $20,000 for strategic planning and finance committee chairs and for technology and eCommerce committee chairs. Prior to joining 3M in 2001, Kevin was a partner at Kirkland & Ellis in Chicago. hbbd``b`$fH0@= , VDtbc a`$2012| 3M leverages its 51 technology platforms to create differentiated solutions for customers through four business groups: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer. "I believe that building confidence and removing the fear of failure are key components of leadership," says Peter. As executive vice president, chief technology officer and environmental responsibility, Dr. John Banovetz leads more than 8,000 scientists who connect 3Ms 51 technology platforms to solve the real-world needs of customers around the world. Retired Chairman of the Board and Chief Executive Officer, United Parcel Service, Inc., a provider of specialized transportation and logistics services. They also recommended doing away with pension and . The information shown here is a reporting of information included in the company's proxy statement. Mr. Roman is on the board of the following organizations in addition to 3M: Abbott Laboratories, University of Minnesota Foundation Board of Trustees. Ms. Chow is on the board of the following public company in addition to 3M: FranklinCovey. In 2017 she was named global business director for 3Ms home improvement business, until 2020 when she became senior vice president for customer operations. He earned a bachelors degree from St. Josephs College of Commerce in Bangalore, India. Averages based on self-reported salaries. Three years later, he was tapped to lead 3Ms corporate research lab. She is deeply involved in the companys operations, as well as the strategy development and overall execution of the companys successful acquisitions of LinkedIn and GitHub. Page also serves as non-executive Chairman of the Board of Corteva Agriscience. Ms. Chow has led global organizations through major transformations with decades of strategic and operational experience serving the business marketplace, including roles as president, AT&T National Business and president, and AT&T Integrator Solutions. VUL^07d=xy2 *'..j(( Hs00 Edison International is also the parent company of Edison Energy, a portfolio of competitive businesses providing commercial and industrial customers with energy management and procurement services. Ferguson & Co, a former KPMG affiliate. 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. This report is not for commercial use. Every day her team is focused on attracting, supporting, and developing talent, and ensuring 3M is a place where everyone belongs, learns, innovates and thrives. Mark holds a bachelors degree in electrical engineering from Purdue University, and an M.B.A. from Indiana University. 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. St. Paul, MN 55144-1000 She joined 3M in 2008 as a marketing and public affairs manager for 3M Mexico, and has held roles of increasing responsibility in the United States, Asia and Latin America. <> As vice president of operational transformation, he led the companys transformation initiatives driving operating rigor and lean management across the company. Dr. Moyo earned a bachelors degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. If youre interested in pursuing a board seat, heres what you need to know about what boards are looking for, how to get noticed, and what to expect as compensation. 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 previously worked at St. Jude Medical for more than 15 years, holding multiple technology roles of increasing responsibility. 224-1W-02 hb```e``3,00```T~s@@(` You'll want to pursue networking both online and offline. Birmingham Water Works Board files lawsuit against chemical Non-executive board chairs are almost always provided additional compensation for the role, with the median ranging from $72,500 at small-cap companies to $175,000 at large-cap companies. My new VP is in the company less than 6m and in the position 3m. FW Cook's 2020 Director Compensation Report studies non-employee director compensation at 300 companies of various sizes and industries to analyze market practices in pay levels and program structure. 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?
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