3M paid former chief executive James McNerney a $13.4 million package last year before he left the company to take the top job at Boeing, the Seattle Post-Intelligencer reported.
McNerney, 56, also was awarded $28.8 million in salary, bonus and restricted shares for his work at Boeing in 2005. 3M paid McNerney $856,729 in salary, $1.73 million in bonus and $5.29 million in performance-linked shares. He also got $4.94 million in options, and realized $32.4 million from exercising 3M options.
