About

Mr. Shafer became president and chief executive officer of A. O. Smith on July 1, 2025, having served as the company's president and chief operating officer from 2024 to 2025. As chief executive officer he has responsibility for the company's global operations, as well as strategy development and implementation, profitability and shareholder return.

Before joining A. O. Smith he was president of the Automotive and Aerospace Solutions Division of 3M Company from 2020 to 2024, served as 3M's senior vice president and chief strategy officer in 2019, and was president of 3M's Greater China Area and managing director of 3M China from 2016 to 2018.

Roles

A. O. Smith Corporation
President and Chief Executive Officer · Current role
2025–present
A. O. Smith Corporation
President and Chief Operating Officer
2024–2025
3M Company
President, Automotive and Aerospace Solutions Division
2020–2024
3M Company
Senior Vice President and Chief Strategy Officer
2019–2020
3M China
President, Greater China Area and Managing Director
2016–2018

Fixed Compensation

FY 2025
Salary
$965,750
ComponentAnnual base salary
All other compensation
$248,656
Total compensation
$4,960,450

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$1,068,000
FormAnnual incentive

Stock awards

Stock awards
$2,678,044
FormRSUs and performance stock (grant-date fair value)

Also at A. O. Smith Corporation

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