Michael G.  Vale net worth and biography

Michael Vale Biography and Net Worth

EVP of 3M
Mike Vale leads 3M’s Safety & Industrial Business Group, which includes personal safety, adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules.

He was most recently head of 3M’s Health Care Business Group, and prior to that led the company’s Consumer Business Group. Over the years, his career with 3M has sent him abroad four times for varied roles, including research chemist, manufacturing director and general manager.

“A decades-long career at 3M can span a diverse range of businesses, market segments and geographies,” Mike says. “I’ve been fortunate enough to see this company from many, many angles—and 3M is impressive no matter where you are in the world.”

Mike joined the company in 1992, shortly after earning a Ph.D. in chemistry from M.I.T. He was a senior research chemist in the Visual Systems Division before joining 3M Italy as a product development engineer. He returned to the Visual Systems Division before another posting in Italy as a laboratory and project manager. In 2001, Mike returned to the U.S. as one of 3M’s first Six Sigma “master black belts.” Those two years, he says, are what really grounded him in company-wide priorities.

Mike later became general manager of 3M Spain. In 2008, he returned to the U.S. to become vice president and general manager of Aearo Technologies LLC, which 3M acquired that year. After spending almost two years with Aearo integrating it into 3M, Mike became managing director of 3M Brazil in 2009. In 2011, he became executive vice president of the Consumer Business Group, and in 2016 was appointed executive vice president of the Health Care Business Group.

So what does he do when he’s not in the office? “Sleep,” Mike jokes, though he will say more seriously that he tries to focus his energies where they will do the most good. For him, that comes down to business/market analysis and team success. Mike is most proud of seeing the success of coworkers and people he has mentored during his time at the company.

Mike serves as a member of the board of directors of The Toro Company and is a former trustee of the Science Museum of Minnesota. He can also be found running, antiquing, reading science fiction and spending time with his family.

“The fundamental difference between success and failure really comes down to how you empower and develop the team that’s working with you. No matter how smart, how dedicated, how passionate you are, you just don’t have enough to do it all yourself. That’s one of the hardest lessons for a manager moving up the chain.”

What is Michael G. Vale's net worth?

The estimated net worth of Michael G. Vale is at least $6.93 million as of August 2nd, 2022. Dr. Vale owns 65,321 shares of 3M stock worth more than $6,927,292 as of March 29th. This net worth approximation does not reflect any other assets that Dr. Vale may own. Learn More about Michael G. Vale's net worth.

How do I contact Michael G. Vale?

The corporate mailing address for Dr. Vale 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 G. Vale's contact information.

Has Michael G. Vale been buying or selling shares of 3M?

Michael G. Vale has not been actively trading shares of 3M during the last quarter. Most recently, Michael G. Vale sold 36,771 shares of the business's stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $143.26, for a transaction totalling $5,267,813.46. Following the completion of the sale, the insider now directly owns 65,321 shares of the company's stock, valued at $9,357,886.46. Learn More on Michael G. Vale'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), Kevin Rhodes (EVP), 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 3 times. They sold a total of 16,345 shares worth more than $1,658,918.67. The most recent insider tranaction occured on February, 14th when insider Rodriguez Beatriz Karin Chavez sold 426 shares worth more than $39,328.32. Insiders at 3M own 0.3% of the company. Learn More about insider trades at 3M.

Information on this page was last updated on 2/14/2024.

Michael G. Vale Insider Trading History at 3M

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/2/2022Sell36,771$143.26$5,267,813.4665,321View SEC Filing Icon  
1/29/2021Sell30,875$175.53$5,419,488.7579,155View SEC Filing Icon  
5/8/2020Sell14,062$148.34$2,085,957.0846,900View SEC Filing Icon  
2/18/2020Sell6,250$159.17$994,812.5053,804View SEC Filing Icon  
2/7/2019Sell8,906$199.29$1,774,876.7452,225View SEC Filing Icon  
2/10/2016Sell2,728$154.80$422,294.4016,559View SEC Filing Icon  
2/6/2015Sell5,013$166.38$834,062.94View SEC Filing Icon  
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Michael G. Vale Buying and Selling Activity at 3M

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

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3M Company Overview

3M logo
3M Company provides diversified technology services in the United States and internationally. The company 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/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 Healthcare segment offers 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; 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.
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Today's Range

Now: $106.05
Low: $104.59
High: $106.26

50 Day Range

MA: $96.86
Low: $91.25
High: $108.10

2 Week Range

Now: $106.05
Low: $85.35
High: $113.14

Volume

4,385,166 shs

Average Volume

6,793,627 shs

Market Capitalization

$58.61 billion

P/E Ratio

N/A

Dividend Yield

5.77%

Beta

1