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The annual meeting of shareholders of 3M isn't just about voting on CEO Mike Roman's salary.
It's also about voting on the re-election of 10 of the company's directors, including Roman, for one-year terms that will expire in 2024, reports the Minneapolis Star Tribune.
Here's a look at some of the more high-profile matters on the agenda: CEO's salary: Roman got a salary of $7.3 million last year, a slight dip from the $7.5 million he earned in 2014, reports USA Today.
The reason? 3M is cutting back on the production of PFAS, a family of chemicals used in everything from goggles to contact lenses.
The company plans to phase out the production of the chemicals, which have been linked to cancer and other health problems, by the end of this year.
The board's compensation: Roman got a salary of $5.3 million last year, a slight dip from the $5.3 million he earned in 2014.
The reason? 3M is cutting back on research and development.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Ford Motor Company Fund
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Foundation: Whitefish Community Foundation
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It's that time of year again: time for investors to look back at the last presidential election and see if there's any correlation between it and the performance of the stock market. A Bloomberg...more
Foundation: Kellogg Foundation
For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more
If you're an employer looking to attract the next generation of workers, Entrepreneur has some advice: Get to know Gen Z. The list is based on a recent study of 11,495 high school students,...more
May is Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month, and all the major broadcast news networks are getting in on the fun. ABC News, for instance, will feature an...more
When Sharon Kotsonas moved from Puerto Rico to Gilbert, Ariz., 20 years ago, she didn't think much of the culture. "I was 19 when I moved," she tells the Gilbert Independent. "And then from...more
For nearly a decade, UNICEF has been working with women in the Ivory Coast to turn their plastic waste into bricks that can be used to build new schools. Now, the charity says, 383 classrooms...more
The UN's International Fund for Agricultural Development (IFAD) and the European Institute of Innovation for Sustainability (EIIS) are holding a summit in Rome this week to discuss how innovation...more
Civic Engagement News from...
Whitefish Community Foundation
Kellogg Foundation
Pew Charitable Trusts
William Penn Foundation
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California Endowment
California Community Foundation
Marguerite Casey Foundation
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Skoll Foundation
Target Foundation
Ford Foundation
Philadelphia Foundation
Rockefeller Foundation
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