Inge G. Thulin served as the CEO of 3M from 2012 to 2018, profoundly influencing the company's direction during his tenure. He started at 3M in 2003 and quickly climbed the ranks, eventually taking the helm as CEO. His compensation...

Inge G. Thulin served as the CEO of 3M from 2012 to 2018, profoundly influencing the company's direction during his tenure. He started at 3M in 2003 and quickly climbed the ranks, eventually taking the helm as CEO. His compensation peaked at over $19 million in 2015, reflecting a focus on aligning his pay with the company's performance. Interesting to note, in 2018, his total compensation dropped significantly to just $1.9 million due to no stock vesting that year, showcasing how performance-based pay works. Thulin was known for utilizing 3M's corporate aircraft extensively for both personal and business travel, emphasizing his commitment to safety and efficiency while traveling. He also played a crucial role in succession planning for the company, transitioning to Executive Chairman in 2018 and paving the way for Michael F. Roman to become the new CEO. After a remarkable 16-year leadership journey at 3M, which is known for its innovative products ranging from tape to medical supplies, Thulin retired in 2019, leaving behind a legacy of strategic growth and industry leadership.