Full Press Release Details
For Immediate Release
3M Leadership Announcement
ST. PAUL, Minn. Feb. 6, 2019 3M announced today that its Board of Directors will nominate CEO Mike Roman to serve as chairman of the board following the company s annual meeting of shareholders on May 14, 2019. Inge Thulin, 3M s current executive chairman, has announced his intention not to stand for reelection and to retire on June 1, 2019.
I am proud of 3M, our people, and what we ve accomplished together, said Thulin. I ve known and worked very closely with Mike, including since his appointment as CEO. I m very confident that 3M s best days are ahead and Mike will do a fantastic job leading 3M into the future.
It s an honor to be nominated to the additional role of chairman of the board, said Roman. I thank Inge for his leadership and partnership throughout my career, especially over the past year in his role as executive chairman.
At its annual meeting in May, the 3M Board of Directors will consist of 12 members, 11 of whom will be independent directors. The Board s corporate governance measures, including a lead independent director with broad authority, ensure that strong, independent directors will continue to effectively oversee company management, and the key issues related to strategy, risk, and integrity.
At 3M, we apply science in collaborative ways to improve lives daily. With $33 billion in sales, our 93,000 employees connect with customers all around the world.
3M Investor Contacts: Bruce Jermeland, 651-733-1807 Tony Riter, 651-733-1141 or 3M Media Contact: Lori Anderson, 651-733-0831