Sundar PichaiSundar Pichai earned $164M in 2023

William M. Brown is the CEO of 3M Company, taking on leadership on May 1, 2024. He has a solid history in high-level roles, previously leading L3Harris Technologies where he played a key role in merging with L3 Technologies in...

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William M. Brown

CEO of 3M

Education

B.S. in Industrial Engineering from the University of Central Florida

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

March 1, 1963 - 62 years ago

CEO of 3M for

0 years 11 months (May 2024 - Present)

Previous Experience

Chairman and CEO of Harris Corporation

Holdings

See how much did William M. Brown make over time.

William M. Brown holds a significant number of shares in 3M, representing a large part of his wealth. Notably, his holdings peaked after he joined 3M's board, with shares valued significantly higher at that time. Recently, he has seen a...

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Total Stock Sold

$3.28M

F

$2.62M

180,000 F shares

CAG

$650.63K

18,336 CAG shares

What if they kept their stock?

If William M. Brown didn't sell their stock, today they would have:
Extra F180,000 shares worth $847.80K and CAG18,336 shares worth $558.33K.
This is -57.07% and $1.87M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of William M. Brown.

CAG

5,857 shares

CAG

May 28, 2024

Received

MMM

$195.00K

MMM at $99.63/share

May 14, 2024

Received

CAG

$167.03K

CAG at $34.29/share

May 30, 2023

Received

MMM

$185.00K

MMM at $102.34/share

May 9, 2023

Received

CAG

4,738 shares

CAG

May 31, 2022

Received

MMM

$185.00K

MMM at $152.38/share

May 10, 2022

Received

CAG

4,367 shares

CAG

Jun 1, 2021

Received

MMM

$185.00K

MMM at $207.33/share

May 11, 2021

Received

CAG

$412.94K

CAG at $37.54/share

May 3, 2021

Sale

CAG

4,453 shares

CAG

Jun 1, 2020

Received

Compensation History

See how much did William M. Brown make over time.

In 2022, William M. Brown's total compensation as CEO of 3M was about $1.43 million, with the bulk being salary at around $1.41 million. He didn't receive any bonuses, reflecting the short-term incentive program performance hitting only 54% of its target. Interestingly, his compensation can swing dramatically based on the company's performance, as seen in 2021 when he earned a massive total of $18.1 million. This shows how the pay structure is closely tied to the company's success. Beyond just salary, his package includes various benefits, highlighting the effort to align his goals with that of the company and its shareholders. With an impressive performance-driven pay setup, his compensation plan is designed to motivate him towards achieving high company standards.

Year

2022

Total Compensation

$1.70M

Salary

$1.41M

Board Justification

The compensation program aligns executive compensation with company performance and individual performance, with a significant portion being performance-based.

Bonus

$0.00

Board Justification

No bonus was reported for 2022 as the short-term incentive program paid out at 54% of target for the CEO.

Other

$296.51K

Board Justification

This includes contributions to 401(k), life insurance premiums, financial planning, and personal aircraft use.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2022.

Performance Metrics

The performance metrics for 2022 included Local Currency Sales vs. Plan, Operating Income vs. Plan, and Operating Cash Flow Conversion vs. Plan.

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