3M CO.
George Buckley, chairman, president, CEO Total compensation: $5,476,950 for the year ended Dec. 31, 2008
Salary: $1,720,000
Non-equity incentive pay: $2,844,074
Other compensation: $252,423
Value realized on vesting shares: $660,453
New stock options: 220,268
Total return to shareholders: -29.7 percent
Note: Buckley's compensation was down from his 2007 total of $7.5 million. 3M failed to meet 100 percent of its financial incentive targets and as a result Buckly's incentive pay in 2008 was down 37.1 percent.
