In 2023, Michael F. Roman earned $4.51M in total compensation at 3M, including $1.46M salary and $2.75M in stock. Most recently acquired 42,054 shares in Feb 2025. Currently holds stock worth $33.63M. Has donated $1.12M in stock to charitable causes. Led 3M as CEO for 5 years.
Compensation History
Annual executive compensation data for Michael F. Roman, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.51M
Salary
$1.46M
Bonus
$0.00
Other
$295.21K
Salary
$1.46MBoard Justification
3M's compensation philosophy emphasizes alignment of executive compensation with company performance and shareholder interests, focusing on a significant portion of total compensation being performance-based.
Bonus
$0.00Board Justification
No bonus was reported for 2023.
Other Compensation
$295.21KBoard Justification
Other compensation includes contributions to retirement plans, life insurance premiums, financial planning services, and personal aircraft use.
Restricted Stock
Board Justification
24,954 shares vested in 2023 from performance shares granted under the 2016 Long-Term Incentive Plan, based on performance for the 2021 performance period.
Performance Metrics
Local Currency Sales vs. Plan, Operating Income vs. Plan, Operating Cash Flow Conversion vs. Plan.
Michael F. Roman
Ex-CEO of 3M
Education
B.S. in Chemical Engineering from the University of Minnesota
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
October 1, 1959 - 66 years ago
CEO of 3M for
5 years 10 months (Jul 2018 - May 2024)
Previous Experience
Executive Vice President of Industrial Business Group at 3M
Holdings
Track Michael F. Roman's stock holdings and portfolio value over time.
Total Stock Sold
$24.24M
$24.24M
167,220.02 MMM shares
What if they kept their stock?
If Michael F. Roman didn't sell their stock, today they would have:
Extra MMM167,220.02 shares worth $28.01M.
This is 15.54% and $3.77M more than what they got when they sold the stock.
Charitable Transactions
6,688.032 shares
MMM
Recent Charitable Transactions
1,290 shares
MMM
Dec 31, 2021
Charity
970 shares
MMM
Dec 31, 2020
Charity
1,000 shares
MMM
Dec 31, 2019
Charity
700 shares
MMM
Dec 31, 2017
Charity
1,100 shares
MMM
Apr 19, 2016
Charity
532 shares
MMM
May 15, 2015
Charity
Insider Trading
Michael F. Roman's recent stock transactions, purchases, and sales filed with the SEC.
42,053.98 shares
MMM
Feb 3, 2025
Received
$7.56M
MMM at $152.35/share
Jan 29, 2025
Sale
$6.79M
MMM at $150.03/share
Jan 24, 2025
Sale
$700.66K
MMM at $123.46/share
Aug 7, 2024
Sale
1,866 shares
ABT
Apr 26, 2024
Received
24,954.272 shares
MMM
Feb 5, 2024
Received
1,816 shares
ABT
Apr 28, 2023
Received
35,281.349 shares
MMM
Feb 6, 2023
Received
$1.55M
MMM at $146.21/share
May 3, 2022
Sale
1,602 shares
ABT
Apr 29, 2022
Received
Rivals
Compare Michael F. Roman with competitor CEOs and industry peers.
William F. Gifford, Jr.
CEO of Altria Group
2023 Compensation
Stock
$2.04M
Salary
$1.35M
Bonus
$2.73M
Other
$228.07K
Total Holdings
$71.61K
Darius Adamczyk
CEO of Honeywell International
2024 Compensation
Stock
$0.00
Salary
$1.56M
Bonus
$0.00
Other
$2.92M
Total Holdings
$142.05M
David A. Roberts
CEO of Carlisle Companies
2017 Compensation
Stock
$0.00
Salary
$792.20K
Bonus
$1.19M
Other
$12.76K
Total Holdings
$5.57M
Thomas P. Joyce, Jr.
CEO of Danaher
2024 Compensation
Stock
$5.02M
Salary
$1.35M
Bonus
$0.00
Other
$506.42K
Total Holdings
$1.66M
Hans E. Vestberg
CEO of Verizon Communications
2024 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$0.00
Other
$797.49K
Total Holdings
$8.31M
Nicholas Fanandakis
CEO of ITT
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$158.98K
Total Holdings
$3.19M