3M announced that Michael F. Roman is appointed chief operating officer (COO) and executive vice president, and Hak Cheol (H.C.) Shin is appointed vice chair and executive vice president. Both appointments are effective July 1, 2017. Both will report directly to Inge Thulin, 3M chairman of the board, president and chief executive officer. In his new role, Roman will have direct responsibility for 3M’s five business groups, along with the company’s International Operations. He most recently served as executive vice president of 3M’s business, Industrial Business Group. Prior to that role, Roman was senior vice president, Strategy and Business Development, where he was instrumental in establishing 3M’s future strategic roadmap. As one of 3M’s early Lean Six Sigma leaders, Roman knows the power of Lean Six Sigma to enhance customer and company success. Shin will lead critical global functional teams including Research & Development, Strategy and Business Development, Supply Chain Operations and Information Technology. Business Transformation, which is enabling 3M to serve customers with even greater agility and efficiency, will also be part of his responsibilities. Since 2011, Shin has served as 3M’s executive vice president, International Operations. Prior to this, he was executive vice president, Industrial Business Group. 3M also announced that the Board of Directors waived the mandatory retirement age of 65 years for Thulin. James Bauman, currently executive vice president, Electronics & Energy Business Group, is appointed executive vice president, Industrial Business Group. Julie Bushman, currently senior vice president, Business Transformation & Information Technology, is appointed executive vice president, International Operations. Eric Hammes, currently vice president, corporate controller and chief accounting officer, is appointed senior vice president, Business Transformation & Information Technology. Dr. Ashish Khandpur, currently senior vice president, Research & Development and chief technology officer, is appointed executive vice president, Electronics & Energy Business Group. Dr. John Banovetz, currently managing director, DACH region (combined Germany, Austria, Switzerland), is appointed senior vice president, Research & Development and chief technology officer.
3M Company is an industrial group organized around four product families:
- industrial products, safety and graphics materials (33.5% of net sales including intra-group): abrasive products, adhesives, cleaners, air and liquid filtration systems, anti-slip coating products, fire protection systems, road signage products, etc. The group also provides display equipment and graphics systems;
- electronics and energy products (26%): interconnection products, connectors, optical components, etc.;
- healthcare products (25.1%): orthopedic, chirurgical and respiratory materials, feminine hygiene products, dental products, etc.;
- consumer goods (15.4%): adhesive tape, self-adhesive papers, filters, projectors, screen supports, etc.
Net sales are distributed geographically as follows: Americas (56.2%), Asia/Pacific (25.9%), and Europe/Middle East/Africa (17.9%).
3M COMPANY 
