In connection with the actions announced today to streamline the Company and drive greater profitability and growth, 3M (NYSE: MMM) has announced the following changes to its senior management team.
Effective today, Michael Vale has been appointed to Group President and Chief Business and Country Officer, a new role on the company's Corporate Operations Committee, reporting to chairman and CEO Mike Roman. In this new role, Vale will have responsibility for three of the company's four business groups (Safety and Industrial, Transportation and Electronics, and Consumer), customer operations, country governance and emerging markets.
Vale was previously Group President, Safety & Industrial Business and has 30 years of experience at 3M, leading multiple businesses and divisions, across multiple geographies.
Business group presidents reporting to Vale will be:
Karina Chavez, Group President, Consumer Business. Chavez has extensive experience at 3M, internationally and leading strategy and operations, including portfolio experience in our consumer business. Most recently, she was SVP and Chief Strategy Officer.
Chris Goralski, Group President, Safety and Industrial Business. Goralski brings extensive experience at 3M, advancing industrial businesses, leading in environmental stewardship and business transformation. Most recently, he was President, Industrial Adhesives and Tapes Division
Ashish Khandpur, will continue to serve as Group President, Transportation and Electronics Business.
Jeff Lavers will continue to serve as Group President, Health Care Business, and report to Mike Roman. For the past nine months, Lavers has served as both Group President, Consumer Business and interim Group President, Health Care Business. In this role, he will focus on leading our Health Care business, and support the company's progress toward a spin off and the transition to a new CEO and management team.
Also, the company is expanding the responsibilities of Monish Patolawala, EVP, Chief Finance and Transformation Officer, and John Banovetz, EVP, Chief Technology Officer and Environmental Responsibility. Patolawala adds responsibility for enterprise strategy development and the company's Global Service Centers. Banovetz assumes responsibility for new growth ventures, which include the company's venture investment arm and early-stage R&D organization. Both continue to report to Mike Roman.
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