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 $6.87 million as of August 2nd, 2022. Dr. Vale owns 65,321 shares of 3M stock worth more than $6,865,890 as of April 1st. This net worth approximation does not reflect any other assets that Dr. Vale may own. Learn More about Michael G. Vale's net worth.

What is Michael G. Vale's salary?

As the EVP of 3M, Dr. Vale earned a total compensation package of $4,274,852.00 in 2021. Dr. Vale earned a salary of $771,840.00, stock awards of $1,352,712.00, options awards of $1,352,901.00, non-equity compensation of $690,948.00, and other compensation of $76,363.00. Learn More on Michael G. Vale's salary.

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 within the last three months. 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), 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 9 times. They sold a total of 65,139 shares worth more than $9,300,103.51. The most recent insider tranaction occured on October, 28th when EVP Kevin H Rhodes sold 5,703 shares worth more than $720,859.20. Insiders at 3M own 0.3% of the company. Learn More about insider trades at 3M.

Information on this page was last updated on 10/28/2022.

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 Co. is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, Consumer, and Corporate and Unallocated. The Safety and Industrial segment consists of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules. The Transportation and Electronics segment includes electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The Health Care segment offers medical and surgical supplies, skin health and infection prevention products, oral care solutions, separation and purification sciences, health information systems, inhalation and transdermal drug delivery systems, and food safety products. The Consumer segment covers consumer healthcare, home care, home improvement, and stationery and office products, such as consumer bandages, braces, supports, respirators, cleaning products, retail abrasives, picture hanging, and consumer air quality solutions. The Corporate and Unallocated segment refers to special it
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Today's Range

Now: $105.11
Low: $103.01
High: $105.19

50 Day Range

MA: $109.55
Low: $101.00
High: $122.62

2 Week Range

Now: $105.11
Low: $100.16
High: $154.66

Volume

3,611,488 shs

Average Volume

3,984,267 shs

Market Capitalization

$57.97 billion

P/E Ratio

10.36

Dividend Yield

5.81%

Beta

0.96