3M Company vs Illinois Tool Works — CEO Pay Comparison
William Brown (3M Company) earns $0 more in total compensation than Chris O'Herlihy (Illinois Tool Works).
| Metric | 3M CompanyMMM | Illinois Tool WorksITW |
|---|---|---|
| CEO | William Brown | Chris O'Herlihy |
| Industry | Diversified Manufacturing | Diversified Manufacturing |
| Total Compensation | $8.0M | $8.0M |
| Base Salary | $800K | $800K |
| Stock Awards | $4.0M | $4.0M |
| Option Awards | $960K | $960K |
| Non-Equity Incentive | $1.2M | $1.2M |
| Pay-for-Performance Grade | D (45/100) | B (70/100) |
| CEO-Worker Pay Ratio | 100:1 | 100:1 |
| Median Worker Pay | $80K | $80K |
| Say-on-Pay Approval | 88.9% | 96.5% |
| 3yr Total Shareholder Return | -24.8% | +5.8% |
| Revenue | $32.7B | $16.1B |
| Market Cap | $70.0B | $76.0B |
| Employees | 85,000 | 46,000 |
Analysis
William Brown (3M Company) earns $8.0M in total compensation, while Chris O'Herlihy (Illinois Tool Works) earns $8.0M.
On pay-for-performance alignment, 3M Company scores D (45/100) while Illinois Tool Works scores B (70/100). Illinois Tool Works's CEO compensation is better aligned with company performance.
3M Company's CEO-to-worker pay ratio is 100:1 compared to Illinois Tool Works's 100:1. Shareholders approved CEO pay at 88.9% (3M Company) and 96.5% (Illinois Tool Works).