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Michael F. Roman net worth and biography

Michael Roman Biography and Net Worth

CEO of 3M

Mike Roman is chairman of the board and chief executive officer of 3M, a $35 billion science and manufacturing company that improves lives around the world. 3M leverages its 51 technology platforms to create differentiated solutions for customers through four business groups: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer.

The company’s 96,000 employees are united by a common purpose: unlocking the value of people, science, and ideas to re-imagine what is possible. 3M’s purpose drives its performance, and the company is advancing four strategic priorities to support long-term value creation: Portfolio Management, Transforming the 3M Operating Model, Growth through Innovation, and People and Culture. The company’s financial objectives include continuing to grow above the markets it serves, expand margins and generate strong cash flow. 3M has increased its dividend for 64 straight years.

Under Mike’s leadership, 3M has also helped lead the world’s response to COVID-19, which includes distributing more than 4 billion respirators to protect nurses, doctors and first responders. The company is strengthening environmental stewardship with a $1 billion commitment to achieve carbon neutrality, reduce water use, improve water quality and reduce its use of plastics. 3M is advancing diversity, equity and inclusion with a pledge to double its representation of underrepresented groups, along with new initiatives to strengthen STEM education. For nine straight years, 3M has been recognized by Ethisphere as one of the World’s Most Ethical Companies.

Mike became chairman of the board in May 2019 and chief executive officer in July 2018. He previously served as chief operating officer, led 3M’s largest business group and was chief strategist. Throughout Mike’s career, he has lived and led businesses around the world, including the United States, Europe and Asia. He joined 3M in 1988 as a senior design engineer.

Mike holds a master’s degree in Electrical Engineering from the University of Southern California, and a bachelor’s degree from the University of Minnesota. He serves on the board of Abbott Laboratories and on the University of Minnesota Foundation Board of Trustees. Mike and his family enjoy a variety of physical fitness and outdoor activities. As a former “Big,” Mike is a long-time supporter of Big Brothers Big Sisters of America.

What is Michael F. Roman's net worth?

The estimated net worth of Michael F. Roman is at least $9.98 million as of May 3rd, 2022. Mr. Roman owns 90,361 shares of 3M stock worth more than $9,984,891 as of October 1st. This net worth evaluation does not reflect any other investments that Mr. Roman may own. Additionally, Mr. Roman receives an annual salary of $4,720,000.00 as CEO at 3M. Learn More about Michael F. Roman's net worth.

How old is Michael F. Roman?

Mr. Roman is currently 62 years old. There are 7 older executives and no younger executives at 3M. Learn More on Michael F. Roman's age.

What is Michael F. Roman's salary?

As the CEO of 3M, Mr. Roman earned a total compensation package of $18,200,584.00 in 2021. Mr. Roman earned a salary of $1,337,487.00, stock awards of $5,250,138.00, options awards of $5,250,960.00, non-equity compensation of $3,131,774.00, and other compensation of $251,687.00. Learn More on Michael F. Roman's salary.

How do I contact Michael F. Roman?

The corporate mailing address for Mr. Roman and other 3M executives is 3M CENTER BLDG. 220-11W-02, ST PAUL MN, 55144. 3M can also be reached via phone at (651) 733-1110 and via email at [email protected] Learn More on Michael F. Roman's contact information.

Has Michael F. Roman been buying or selling shares of 3M?

Michael F. Roman has not been actively trading shares of 3M during the last quarter. Most recently, Michael F. Roman sold 10,610 shares of the business's stock in a transaction on Tuesday, May 3rd. The shares were sold at an average price of $146.21, for a transaction totalling $1,551,288.10. Following the completion of the sale, the chief executive officer now directly owns 90,361 shares of the company's stock, valued at $13,211,681.81. Learn More on Michael F. Roman's trading history.

Who are 3M's active insiders?

3M's insider roster includes John Banovetz (EVP), Joaquin Delgado (Insider), Zoe Dickson (EVP), Ivan Fong (VP), Eric Hammes (Insider), Ashish Khandpur (Insider), Jeffrey Lavers (Insider), Kristen Ludgate (EVP), Mojdeh Poul (Insider), Theresa Reinseth (CAO), Michael Roman (CEO), Denise Rutherford (SVP), Ty Silberhorn (SVP), and Michael Vale (EVP). Learn More on 3M's active insiders.

Are insiders buying or selling shares of 3M?

In the last twelve months, insiders at the conglomerate sold shares 7 times. They sold a total of 58,365 shares worth more than $8,443,998.43. The most recent insider tranaction occured on August, 17th when EVP Eric D Hammes sold 3,145 shares worth more than $463,289.95. Insiders at 3M own 0.3 % of the company. Learn More about insider trades at 3M.

Information on this page was last updated on 8/17/2022.

Michael F. Roman Insider Trading History at 3M

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/3/2022Sell10,610$146.21$1,551,288.1090,361View SEC Filing Icon  
5/1/2020Sell7,894$148.70$1,173,837.8057,868View SEC Filing Icon  
1/31/2020Sell8,906$162.00$1,442,772.0048,152View SEC Filing Icon  
2/2/2018Sell4,146$246.65$1,022,610.9016,208View SEC Filing Icon  
12/13/2016Sell4,036$180.00$726,480.009,971View SEC Filing Icon  
4/19/2016Sell1,500$170.00$255,000.005,812View SEC Filing Icon  
5/15/2015Sell6,900$162.73$1,122,837.00View SEC Filing Icon  
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Michael F. Roman Buying and Selling Activity at 3M

This chart shows Michael F Roman's buying and selling at 3M by year and by quarter.

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3M Company Overview

3M logo
3M Company operates as a diversified technology company worldwide. It operates through four segments: Safety and Industrial; Transportation and Electronics; Health Care; and Consumer. The 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. The Transportation and Electronics segment provides ceramic solutions; attachment tapes, 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; and reflective signage for highway, and vehicle safety. The Healthcare segment offers food safety indicator solutions; health care procedure coding and reimbursement software; skin, wound care, and infection prevention products and solutions; dentistry and orthodontia solutions; and filtration and purification systems. The Consumer segment provides consumer bandages, braces, supports and consumer respirators; cleaning products for the home; 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. The company was founded in 1902 and is based in St. Paul, Minnesota.
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Today's Range

Now: $110.50
Low: $110.39
High: $113.15

50 Day Range

MA: $131.27
Low: $110.50
High: $152.24

2 Week Range

Now: $110.50
Low: $110.39
High: $186.30


3,102,992 shs

Average Volume

5,397,393 shs

Market Capitalization

$62.94 billion

P/E Ratio


Dividend Yield