3M Company (MMM)

90.96 -0.09 (-0.10%) At close: 04:00PM EDT

3M Company

3M Center
Saint Paul, MN 55144-1000
United States
651 733 1110
https://www.3m.com

Sector(s): Industrials
Industry: Conglomerates
Full-time employees: 85,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael F. Roman	Chairman & CEO	4.43M	N/A	1960
Mr. Monish D. Patolawala	President & CFO	3.09M	N/A	1972
Mr. Kevin H. Rhodes	Executive VP & Chief Legal Affairs Officer	1.78M	N/A	1963
Mr. Peter D. Gibbons	Group President of Enterprise Supply Chain	2.04M	N/A	1961

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

3M Company provides diversified technology services in the United States and internationally. The company's Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. Its Transportation and Electronics segment provides ceramic solutions; attachment/bonding products, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; semiconductor production materials; data centers solutions; and reflective signage for highway, and vehicle safety. The company's Consumer segment provides consumer bandages, braces, supports, and consumer respirators; home cleaning products; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.

Corporate governance

3M Company’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 4; Board: 8; Shareholder rights: 4; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.