During his tenure as CEO, George W. Buckley held significant stocks in 3M, reflecting his commitment to the company. His wealth saw interesting shifts, especially around 2010 when he commanded a compensation package approaching $24 million. He notably switched compensation...
During his tenure as CEO, George W. Buckley held significant stocks in 3M, reflecting his commitment to the company. His wealth saw interesting shifts, especially around 2010 when he commanded a compensation package approaching $24 million. He notably switched compensation structures to secure long-term financial stability during uncertain market times, such as the financial crisis when he shifted from performance shares to restricted stock units. This strategic move was crucial for ensuring executive loyalty amidst economic turmoil. The peak of his net worth tied to stock ownership demonstrates how deeply intertwined executive roles and company performance can be. By the end of his tenure, Buckley’s holdings were noteworthy as they represented a considerable portion of his wealth, aligning his interests closely with those of shareholders. His foresight in structuring his compensation into annuities represents strategic financial planning in a volatile marketplace.