People: 3M Co (MMM)

Summary

Name	Age	Since	Current Position
Inge Thulin	59	2012	Chairman of the Board, President, Chief Executive Officer
David Meline	55	2011	Chief Financial Officer, Senior Vice President
Frederick Palensky	63	2006	Executive Vice President - Research and Development, Chief Technology Officer
Julie Bushman	51	2012	Executive Vice President - Safety and Graphics
Joaquin Delgado	53	2012	Executive Vice President - Health Care
Michael Kelly	56	2012	Executive Vice President - Electronics and Energy
Brad Sauer	53	2012	Executive Vice President - Industrial
Hak Cheol Shin	55	2011	Executive Vice President - International Operations
Michael Vale	46	2012	Executive Vice President - Consumer
Ivan Fong	51	2012	Senior Vice President - Legal Affairs, General Counsel
Ian Hardgrove	62	2011	Senior Vice President - Marketing, Sales and Communications
Marlene McGrath	50	2012	Senior Vice President - Human Resources
Christopher Holmes	53	2012	Senior Vice President - Corporate Supply Chain Operations
Roger Lacey	62	2010	Senior Vice President - Strategy and Corporate Development
Michael Eskew	63	2012	Lead Independent Director
Linda Alvarado	61	2000	Independent Director
Vance Coffman	69	2012	Independent Director
W. James Farrell	70	2006	Independent Director
Herbert Henkel	64	2007	Independent Director
Muhtar Kent	60	2013	Independent Director
Edward Liddy	67	2000	Independent Director
Robert Morrison	70	2005	Independent Director
Aulana Peters	71	1990	Independent Director
Robert Ulrich	69	2008	Independent Director

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Biographies

Name	Description
Inge Thulin	Mr. Inge G. Thulin is Chairman of the Board, President and Chief Executive Officer of 3M Company. He has been appointed as Chairman of the Board of the Company, effective May 08, 2012. He serves as President, Chief Executive Officer, Director Officer of the Company since February 24, 2012. He served as Chief Operating Officer, Executive Vice President of the Company. He served as the Company’s Executive Vice President, International Operations since 2003. He was Vice President, Asia Pacific; and Executive Vice President, International Operations, 2003-2004, Vice President, Europe and Middle East, 2002-2003. From 1979 to 2002, he served in various capacities for 3M company like Division Vice President, Skin Health Division, General Manager, Skin Health Division, Marketing Operations Director, Skin Health Division, Skin Health Business Unit Director, Skin Health Division, Managing Director, 3M Russia, European Business Unit Manager, Surgical Devices, 3M Europe, Business Manager, Vision Care and Orthopedic Products, 3M Europe, Group Manager, Life Sciences Sector, 3M Sweden and various Sales and Marketing positions, 3M Sweden. He is a Board member of the Toro Company since 2007. He is Vice Chairman, Executive Committee, United States Council for International Business since 2008 and Member, International Programs Advisory Council, Carlson School of Management, University of Minnesota since 2003. Mr. Thulin holds degrees in Marketing and Economics from Gothenburg University. Mr. Thulin holds degrees in Marketing and Economics from Gothenburg University.
David Meline	Mr. David W. Meline is Chief Financial Officer, Senior Vice President of 3M Company. He has served as Vice President, Corporate Controller and Chief Accounting Officer, 2008-2011; Chief Financial Officer, North America, General Motors Corp., 2007-2008. Mr. Meline was awarded an M.S. in Economics from the London School of Economics, an M.B.A. in Finance from the University of Chicago, and a B.S. in Mechanical Engineering from Iowa State University.
Frederick Palensky	Dr. Frederick J. Palensky, Ph.D., is Executive Vice President - Research and Development, Chief Technology Officer of 3M Company. He was Executive Vice President, Enterprise Services in 2005-2006. In 2002, he served as Executive Vice President, Safety, Security and Protection Services Business. He served as Executive Vice President, Specialty Material Markets and Corporate Services and Vice President and General Manager, 3M ESPE in 2001, Division Vice President, Dental Products Division in 1997 , Division Vice President, Medical Products Technology Division in 1994, Division Vice President, Surgical Division in 1992, General Manager, Surgical Division in 1991, General Manager, Orthopedic Products Division in 1990, Technical Director, Sumitomo 3M Ltd. in 1987, Technical Director, Orthopedic Products Division in 1983, Technical Manager, Vision Care Department in 1981, Technical Supervisor, McGhan Medical Corp./3M in 1980. He was Senior Chemist, 3M Central Research Laboratories in 1977.
Julie Bushman	Ms. Julie L. Bushman is Executive Vice President - Safety and Graphics of 3M Company, since 2012. She served as Executive Vice President, Safety Security and Protection Services Business, 2011-2012; Vice President and General Manager, Occupational Health and Environmental Safety Division, 2007-2011.
Joaquin Delgado	Mr. Joaquin Delgado is Executive Vice President - Health Care of 3M Company. He was Executive Vice President, Electro and Communications Business, 2009-2012 and Vice President and General Manager, Electronics Markets Materials Division, 2007-2009.
Michael Kelly	Mr. Michael A. Kelly is Executive Vice President - Electronics and Energy of 3M Company. He had been Executive Vice President, Display and Graphics Business, 2006-2012; Division Vice President, Occupational Health and Environmental Safety Division, 2003-2006; General Manager, Performance Materials Division, 2003 and Managing Director, 3M Korea, 2001-2003. He was Business Director, Advanced Microflex Products, Electronic Products Division, 3M Singapore in 2000. He served as Marketing Director, Advanced Microflex Products, Electronic Products Division during 1998. He was Business Manager, Electronic Products Division in 1994 and International Marketing Manager, Electronic Products Division in 1991. During 1981 to 1988, he served as Marketing Manager, Electronic Products, 3M Europe, Sales and Marketing Supervisor, Electronic Products Division and Sales Representative, Electronic Products Division.
Brad Sauer	Mr. Brad T. Sauer is Executive Vice President - Industrial of 3M Company. He was Executive Vice President, Health Care Business, 2004-2012; Executive Vice President, Electro and Communications Business, 2002-2004. During 2001, he was Executive Director, Six Sigma. In 1999, he served as Managing Director, 3M Korea Ltd and New Business Development Director, Commercial Graphics Division. He served as Sales and Marketing Director, Medical Imaging Systems Division in 1995 , Business Development Manager, Medical Imaging Systems Division in 1992 , Product Marketing Manager, Medical Imaging Systems Division in 1991, Program Manager, Medical Imaging Systems Division in 1988 , Technology Manager, Software and Electronic Resource Center in 1986 , Technology Manager, Administrative Services, Austin, Texas in 1984 and various Engineering Positions, Engineering Division during 1981. From 1996 to 1997, he served as General Manager, Medical Solutions Business Unit, Imation Corp., Fremont, Calif. and Sales and Marketing Director, Medical Imaging Systems Division, Imation Corp.
Hak Cheol Shin	Mr. Hak Cheol Shin is Executive Vice President - International Operations of 3M Company. He was Executive Vice President - Industrial and Transportation Business of the Company from 2006-2011. He was Division Vice President, Industrial Adhesives and Tapes Division, 2003-2005 Division Vice President, Electronics Markets Materials Division, 2002-2003. During 2001, he was Division Vice President, Superabrasives and Microfinishing Systems Division. From 1998 to 1999, he was Business Unit Manager, Post-it Flag Business Unit, Stationery and Office Supplies Division, Business Director, Post-it Flag Business Unit, Office Supplies Division and General Manager, Superabrasives and Microfinishing Systems Division. He was Managing Director, 3M Philippines in 1995 , Business Group Manager, Consumer and Office Markets Group, 3M Korea in 1992 , Sales and Marketing Manager, Tape and Automotive Division, 3M Korea in 1989 , Sales and Marketing Supervisor, Automotive Division, 3M Korea in 1986, Technical Service Supervisor, Building Service and Cleaning Products, Chemical, 3M Korea in 1984.
Michael Vale	Mr. Michael G. Vale is Executive Vice President - Consumer of 3M Company. Prior to his leadership of 3M Brazil, Vale served as vice president and general manager of 3M's Aearo Technologies Inc. acquisition, which was integrated into 3M. Before that, he was managing director of 3M Spain. He holds a B.S. in Chemistry from Yale University and a Ph.D. in Chemistry from the Massachusetts Institute of Technology.
Ivan Fong	Mr. Ivan K. Fong is Senior Vice President - Legal Affairs and General Counsel of 3M Company, since October 15, 2012. Prior to joining DHS in 2009, Fong was the chief legal officer and secretary of Cardinal Health, Inc., where he was named one of the "Most Influential General Counsel" by the National Law Journal. He was previously senior vice president and general counsel of GE Vendor Financial Services and prior to that was GE's first chief privacy leader and senior counsel, information technology. Fong has also served as deputy associate attorney general at the U.S. Department of Justice; a partner with Covington & Burling in Washington, D.C.; and an adjunct professor at the Georgetown University Law Center. He was a law clerk to Judge Abner J. Mikva of the U.S. Court of Appeals for the D.C. Circuit and Justice Sandra Day O'Connor of the Supreme Court of the U.S. Ivan holds a B.C.L. with first-class honors from Oxford University, where he was a Fulbright Scholar. He received his J.D. (with distinction) from Stanford Law School, where he was president of the Stanford Law Review, and an S.B. in chemical engineering and an S.M. in chemical engineering practice from MIT. He is a registered patent attorney.
Ian Hardgrove	Mr. Ian F. Hardgrove is Senior Vice President - Marketing, Sales and Communications of 3M Company. He served as Senior Vice President, Marketing and Sales, 2011 Vice President and General Manager, Automotive Aftermarket Division, 2007-2011.
Marlene McGrath	Ms. Marlene M. McGrath is Senior Vice President - Human Resources of 3M Company, since1 April 04, 2012. She has served as Senior Vice President, Human Resources and Interim General Counsel, 2012; Vice President, Human Resources, International Operations, 2010-2012; Director, Human Resources, International Operations, 2006-2010. McGrath has led Human Resources for 3M's international operations since 2006, most recently as vice president, Human Resources, International Operations. An 18-year 3M employee, McGrath holds a law degree from the University of Western Ontario in London, Ontario. Prior to her international assignment, she served as general counsel and executive director of Corporate Services of 3M Canada and as leader of 3M Canada's Specialty Materials, Dyneon and Filtration Products business.
Christopher Holmes	Mr. Christopher D. Holmes is Senior Vice President - Corporate Supply Chain Operations of 3M Company. He served as Executive Vice President, Industrial and Transportation Business, 2011-2012 , Vice President and General Manager, Abrasives Systems Division, 2007-2011, Division Vice President, Abrasive Systems Division from 2007, General Manager - Abrasives Systems Division from 2006-2007.
Roger Lacey	Mr. Roger H. D. Lacey is Senior Vice President - Strategy and Corporate Development of 3M Company. He had been Vice President, Corporate Strategy and Marketing Development, 2007-2009. Staff Vice President, Corporate Strategy and Marketing Development, 2006-2007. Staff Vice President, eBusiness and Corporate Planning and Strategy, 2000-2006.
Michael Eskew	Mr. Michael L. Eskew has been appointed as Lead Independent Director of 3M Company, effective November 12, 2012. He is Retired Chairman of the Board and Chief Executive Officer, United Parcel Service, Inc., a provider of specialized transportation and logistics services. Mr. Eskew was appointed Executive Vice President in 1999 and Vice Chairman in 2000 before becoming Chairman and Chief Executive Officer of UPS in January 2002. He retired as Chairman of the Board and Chief Executive Officer at the end of 2007 but remained as a director of UPS. He serves as Director of United Parcel Service, International Business Machines Corp., and Eli Lilly and Company. Mr. Eskew holds degree in industrial engineering from Purdue University.
Linda Alvarado	Ms. Linda G. Alvarado is Independent Director of 3M Company. She is President and Chief Executive Officer, Alvarado Construction, Inc., a Denver-based commercial general contractor, construction management and development company. In 1976, Ms. Alvarado founded Alvarado Construction, Inc. and has overseen the growth of that enterprise as a commercial general contracting and design/build development firm conducting business across the United States and internationally. She serves as Director of Pitney Bowes, Inc. She has served as Director of Lennox International Inc., QWEST Communications International, Inc., and The Pepsi Bottling Group, Inc. Ms. Alvarado's leadership role and experiences in establishing and building businesses, including founding and serving as President and Chief Executive Officer of Alvarado Construction, Inc., President of Palo Alto, Inc., which owns and operates numerous YUM! Brands restaurants in several states, and co-owner of the Colorado Rockies League Baseball Club, her skills in operations, financial and audit matters, and her experiences as a director at the public companies listed above, qualify her to serve as a director of 3M.
Vance Coffman	Dr. Vance D. Coffman is Independent Director of 3M Company. He resigned as Lead Independent Director of the company effective November 12, 2012. He is Retired Chairman of the Board and Chief Executive Officer, Lockheed Martin Corporation, a high technology aerospace and defense company. Dr. Coffman served in various executive capacities at Lockheed Martin Corporation before becoming Chairman and Chief Executive Officer in 1998. He retired as Chief Executive Officer in 2004 and as Chairman of the Board in 2005. He is Director of Amgen Inc. (Lead Director) and Deere & Company. Dr. Coffman's Bachelor of Science degree in Aerospace Engineering from Iowa State University and his Masters and Doctoral degrees in Aeronautics and Astronautics from Stanford University.
W. James Farrell	Mr. W. James Farrell is Independent Director of 3M Company. He is Retired Chairman and Chief Executive Officer, Illinois Tool Works Inc., a multi-national manufacturer of engineered fasteners, components, assemblies and systems. Mr. Farrell served in various executive capacities since joining ITW before becoming Chairman and Chief Executive Officer in 1996. He retired as Chief Executive Officer in 2005 and as Chairman in 2006. He serves as Director of Abbott Laboratories, The Allstate Corporation, and United Continental Holdings, Inc. Mr. Farrell holds Bachelor of Science degree in electrical engineering from the University of Detroit.
Herbert Henkel	Mr. Herbert L. Henkel is Independent Director of 3M Company. He is Retired Chairman of the Board, Ingersoll-Rand plc, a manufacturer of industrial products and components. Mr. Henkel retired as Ingersoll-Rand's Chief Executive Officer, a position he held since October 1999, on February 4, 2010, and retired as Chairman of the Board on June 3, 2010. Mr. Henkel served as President and Chief Operating Officer of Ingersoll-Rand from April 1999 to October 1999. Mr. Henkel served in various leadership roles at Textron, Inc., including its President and Chief Operating Officer from 1998-1999. He serves as Director of C. R. Bard, Inc. and Visteon Corporation. He served as Director of AT&T Corp. Mr. Henkel's Bachelor's and Master's degrees in Engineering from Polytechnic University of New York and Masters of Business Administration from the Lubin School at Pace University, his leadership roles and experiences at Textron, Inc. and Ingersoll-Rand, including serving as Chairman of the Board and Chief Executive Officer.
Muhtar Kent	Mr. Muhtar Kent has been appointed as the Independent Director of 3M Company, effective April 1, 2013. Mr. Kent is Chairman of the Board and Chief Executive Officer of The Coca-Cola Company. Active in the global business community, Mr. Kent is co-chair of The Consumer Goods Forum, a fellow of the Foreign Policy Association, a member of the Business Roundtable, chair of the International Business Council of the World Economic Forum, and a past Chairman of the U.S.-China Business Council. He also was recently appointed as a member of the Eminent Persons Group for ASEAN by President Obama and Secretary of State Clinton. He serves on the boards of Special Olympics International, Ronald McDonald House Charities, Catalyst and Emory University.
Edward Liddy	Mr. Edward M. Liddy is Independent Director of 3M Company. He is Partner, Clayton, Dubilier & Rice, LLC, a private equity investment firm, from April to September 2008 and rejoined the firm in January 2010. At the request of the Secretary of the U.S. Department of the Treasury, Mr. Liddy served as Interim Chairman and Chief Executive Officer of American International Group, Inc. (AIG), a global insurance and financial services holding company, from September 2008 until August 2009. Mr. Liddy served as Chairman of the Board of The Allstate Corporation, a personal lines insurer, from January 1999 to April 2008 and as its Chief Executive Officer from January 1999 to December 2006. He serves as Director of Abbott Laboratories and The Boeing Company. He served as Director of The Goldman Sachs Group, Inc. Mr. Liddy's undergraduate degree from Catholic University and his Masters of Business Administration from George Washington University, his leadership roles and experiences at Sears, Roebuck and Co., as Chief Financial Officer from 1992-1994 and at Allstate as Chairman of the Board and Chief Executive Officer.
Robert Morrison	Mr. Robert S. Morrison is Independent Director of 3M Company. He is Retired Vice Chairman of PepsiCo, Inc., a processor of packaged foods and beverages. Mr. Morrison served as Vice Chairman of PepsiCo, Inc. from 2001 to February 2003. From 1997 until the 2001 merger with PepsiCo, Mr. Morrison was Chairman, President and Chief Executive Officer of The Quaker Oats Company. Mr. Morrison served in various leadership roles at Kraft Foods, Inc. from 1983 to 1997, including its Chief Executive Officer from 1994-1997. From June 30 to December 6, 2005, Mr. Morrison served as interim Chairman of the Board and Chief Executive Officer of 3M Company. He serves as Director of Aon Corporation and Illinois Tool Works Inc. He served as Director of The Tribune Company. Mr. Morrison holds Bachelor of Science degree from the College of the Holy Cross and his Masters of Business Administration from the Wharton School, University of Pennsylvania.
Aulana Peters	Mrs. Aulana L. Peters is Independent Director of 3M Company. Mrs. Peters is a retired partner of the law firm of Gibson, Dunn & Crutcher where she was a partner from 1980 to 1984 and 1988 to 2000. From 1984 to 1988, she served as a Commissioner of the Securities and Exchange Commission. From January 2001 to April 2002, Mrs. Peters served as a member of the Public Oversight Board ("POB") of the American Institute of Certified Public Accountants. Mrs. Peters has also served as a member of the Steering Committee for Financial Accounting Standards Board's Financial Reporting Project and a member of the POB's Blue Ribbon Panel on Audit Effectiveness. She was also a member of the International Public Interest Oversight Board which oversees the standard setting process of the International Federation of Accountants for auditing, assurance, independence, and ethics standards. Currently, Mrs. Peters serves on the U.S. Comptroller General's Accountability Advisory Panel. She serves as Director of Deere & Company and Northrop Grumman Corporation. She served as Director of Merrill Lynch & Co., Inc. Mrs. Peters holds law degree from the University of Southern California.
Robert Ulrich	Mr. Robert J. Ulrich is Independent Director of 3M Company. He is Retired Chairman of the Board and Chief Executive Officer of Target Corporation, an operator of format general merchandise and food discount stores. Mr. Ulrich began his retailing career as a merchandising trainee in Target's department store division (Dayton Hudson) in 1967 and advanced through various management positions. He became Chairman and Chief Executive Officer of Target Stores in 1987 and was elected Chairman and Chief Executive Officer of Target Corporation in 1994. Mr. Ulrich retired as Target's Chief Executive Officer on May 1, 2008, and retired as Chairman of the Board on January 31, 2009. Mr. Ulrich's bachelor of arts degree from the University of Minnesota.

Basic Compensation

Name	Fiscal Year Total
Inge Thulin	14,774,900
David Meline	3,899,010
Frederick Palensky	4,019,940
Julie Bushman	--
Joaquin Delgado	4,968,010
Michael Kelly	4,780,460
Brad Sauer	3,161,370
Hak Cheol Shin	3,325,090
Michael Vale	--
Ivan Fong	3,498,190
Ian Hardgrove	--
Marlene McGrath	--
Christopher Holmes	--
Roger Lacey	--
Michael Eskew	--
Linda Alvarado	--
Vance Coffman	--
W. James Farrell	--
Herbert Henkel	--
Muhtar Kent	--
Edward Liddy	--
Robert Morrison	1,462,520
Aulana Peters	--
Robert Ulrich	--

As Of 30 Dec 2012

Options Compensation

Name	Options	Value
Inge Thulin	14,691	339,362
David Meline	16,636	560,509
Frederick Palensky	73,484	945,450
Julie Bushman	0	0
Joaquin Delgado	30,890	959,720
Michael Kelly	14,987	377,810
Brad Sauer	70,413	824,710
Hak Cheol Shin	27,036	655,659
Michael Vale	0	0
Ivan Fong	0	0
Ian Hardgrove	0	0
Marlene McGrath	0	0
Christopher Holmes	0	0
Roger Lacey	0	0
Michael Eskew	0	0
Linda Alvarado	0	0
Vance Coffman	0	0
W. James Farrell	0	0
Herbert Henkel	0	0
Muhtar Kent	0	0
Edward Liddy	0	0
Robert Morrison	92,632	234,721
Aulana Peters	0	0
Robert Ulrich	0	0

Insider Trading

Name	Shares Traded	Price
PALENSKY FREDERICK JOSEPH	900	$108.34
PALENSKY FREDERICK JOSEPH	300	$108.22
PALENSKY FREDERICK JOSEPH	400	$108.23
THULIN INGE G	6,990	$86.80
PALENSKY FREDERICK JOSEPH	600	$108.23
PALENSKY FREDERICK JOSEPH	100	$108.40
THULIN INGE G	963	$107.83
PALENSKY FREDERICK JOSEPH	700	$108.21
PALENSKY FREDERICK JOSEPH	1,100	$108.20
PALENSKY FREDERICK JOSEPH	2,800	$108.31
PALENSKY FREDERICK JOSEPH	100	$108.22
PALENSKY FREDERICK JOSEPH	700	$108.36
PALENSKY FREDERICK JOSEPH	200	$108.34
PALENSKY FREDERICK JOSEPH	137	$108.37
PALENSKY FREDERICK JOSEPH	2,656	$108.22
PALENSKY FREDERICK JOSEPH	100	$108.41
PALENSKY FREDERICK JOSEPH	100	$108.36
PALENSKY FREDERICK JOSEPH	1,600	$108.32
PALENSKY FREDERICK JOSEPH	600	$108.35
PALENSKY FREDERICK JOSEPH	900	$108.33
PALENSKY FREDERICK JOSEPH	36,637	$96.83
THULIN INGE G	657	$107.83
PALENSKY FREDERICK JOSEPH	700	$108.22
THULIN INGE G	18,289	$107.83
PALENSKY FREDERICK JOSEPH	2,400	$108.34

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People: 3M Co (MMM)

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Summary

Biographies

Basic Compensation

Options Compensation

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