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...

Number of Employees

85K

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.

SEC Filing

From March 22, 2023

William M. Brown

CEO of 3M

3

Education

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

Field of Expertise

Technology & Engineering - Engineering

Born

March 1, 1963 - 61 years ago

Is Founder?

No

Current Tenure

0 years 8 months (May 2024 - Present)

Previous Experience

Chairman and CEO of Harris Corporation