Alexander KarpAlexander Karp earned $1B in 2024

In 2012, George W. Buckley earned $9.33M in total compensation at 3M, including $758.01K salary, $1.11M bonus and $6.88M in stock. Currently holds stock worth $4.46M. Led 3M as CEO for 6 years.

Compensation History

Annual executive compensation data for George W. Buckley, including salary, bonuses, and stock awards.

Year

2012

Total Compensation

$9.33M

Salary

$758.01K

Bonus

$1.11M

Other

$578.20K

Salary

$758.01K

Board Justification

3M's compensation philosophy emphasizes performance-based compensation that aligns executive pay with company performance and shareholder interests, ensuring competitive pay to attract and retain top talent.

Bonus

$1.11M

Board Justification

The annual incentive compensation earned by Mr. Buckley during 2012 under the Executive Annual Incentive Plan, prorated to reflect the portion of the year he was employed by the Company.

Other Compensation

$578.20K

Board Justification

Other compensation includes various benefits such as life insurance premiums, financial planning, personal aircraft use, and security services.

Restricted Stock

$6.88M74.12K performance shares

Board Justification

The number of shares of 3M common stock earned by Mr. Buckley as a result of the performance share awards granted to him in 2010, which vested upon completion of the three-year performance period ending December 31, 2012.

Performance Metrics

The performance metrics for determining Mr. Buckley's compensation included Adjusted Net Income, Organic Sales Volume Growth, Return on Invested Capital, and sales from new products as measured by the New Product Vitality Index.

3

George W. Buckley

Ex-CEO of 3M

Education

Ph.D. in Electrical Engineering from the University of Cambridge

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

October 21, 1949 - 76 years ago

CEO of 3M for

6 years 1 month (Jan 2006 - Feb 2012)

Previous Experience

CEO of Invensys

Holdings

Track George W. Buckley's stock holdings and portfolio value over time.

Total Stock Sold

$41.22M

MMM

$41.22M

545,129.624 MMM shares

What if they kept their stock?

If George W. Buckley didn't sell their stock, today they would have:
Extra MMM545,129.624 shares worth $88.41M.
This is 114.5% and $47.20M more than what they got when they sold the stock.

Insider Trading

George W. Buckley's recent stock transactions, purchases, and sales filed with the SEC.

No insider trades found for this CEO.

Rivals

Compare George W. Buckley with competitor CEOs and industry peers.