Mike Roman lead 3M intofuture as both CEO chairman ofboard

3M CEO Mike to serve as board of directors chairman

10:56 AM, 7th February 2019
Mike Roman
Mike Roman - 3M's New Chairman

ST PAUL, US: 3M said 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 14 May. Inge Thulin, 3M’s current executive chairman, has announced his intention not to stand for reelection and to retire on 1 June. 

“Today’s decision underscores the board’s confidence in Mike’s leadership and strong character to lead 3M into the future as both CEO and chairman of the board,” said Mike Eskew, independent lead director for the 3M board.

“It’s an honor to be nominated to the additional role of chairman of the board,” said Roman.

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.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BASF continues as world’s most valuable chemicals brand

LONDON, UK: Germany’s BASF is once again the world’s most valuable chemicals brand after a year in which its brand value grew by 11 perc ...

Read more
McDermott, Woodside sign floating unit contract in Australia

HOUSTON, US: McDermott International Inc signed a contract with Woodside Energy Ltd to undertake a front-end engineering and design activities for a ...

Read more
ACI Board elects P&G, Stepan Co executives to its board

WASHINGTON DC, US: The American Cleaning Institute (ACI) had elected Sundar Raman of Procter & Gamble as its new chair and Scott Behrens of Step ...

Read more
Clariant's additive technology for laser welding of medical devices

MUTTENZ, SWITZERLAND: Clariant is showcasing its new MEVOPUR polymer materials formulated to improve laser-welding performance at the medical design ...

Read more
INEOS Styrolution's new S-TPE grade for healthcare industry

New Styroflex®4G80 grade, a S-TPE (styrene thermoplastic elastomer) combines transparency, elasticity, and excellent processability making it su ...

Read more
TechnipFMC awarded Petrobras EPCI contract in Brazil

LONDON, UK/PARIS, FRANCE/HOUSTON, US: TechnipFMC has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, T ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X