Sundar PichaiSundar Pichai earned $164M in 2023
3

Robert S. Morrison

Ex-CEO of 3M

Education

B.S. in Business Administration from the University of Michigan

Field of Expertise

Business & Management

Born

June 7, 1941 - 83 years ago

Economy Sector

Industrials

Tenure

0 years 6 months (Jun 2005 - Jan 2006)

Previous Experience

Retired Vice Chairman of PepsiCo

Robert S. Morrison is the former interim CEO of 3M Company and has had a notable career in the consumer goods sector. Before stepping in as CEO in 2005, he served as Vice Chairman at PepsiCo and as CEO of...

Year

2006

Total Compensation

$170.00K

Salary

$170.00K

Board Justification

3M's compensation philosophy emphasizes competitive compensation tied to performance and growth, aligning executive interests with those of shareholders.

Bonus

$0.00

Board Justification

No specific bonus was mentioned for Mr. Morrison in 2006; however, he received a cash payment of $4,117,500 to replace the annual bonus and long-term incentive compensation forfeited from his previous employer.

Other

$0.00

Board Justification

No other compensation was reported for Mr. Morrison in 2006.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were reported as vested for Mr. Morrison in 2006.

Performance Metrics

Performance metrics for Mr. Morrison's compensation were not specified in the proxy statement.