Oct 3 3M Co said Wednesday it had
restructured its operations into five major divisions, down from
six, and set up new roles for some of its senior executives.
The company, which said Monday it was buying Ceradyne Inc
in its biggest deal since naming a new chief executive
officer in February, will now comprise of consumer, industrial,
health care, safety and graphics, and electronics and energy
The new structure is effective immediately, with segment
reporting under the new organization effective Jan. 1, 2013.
"By building scale more broadly, we create critical mass in
each business group to take full advantage of innovation and
commercialization opportunities," Inge Thulin, 3M's chief
executive, said in a statement.
The new safety and graphics division will be led by
Executive Vice President Julie Bushman, former head of 3M's
safety, security and protection services business.
Executive Vice President Mike Kelly, former head of 3M's
display and graphics business, will lead the new electronics and
The industrial group will be headed by Executive Vice
President Brad Sauer, former head of 3M's health care business.
Health care will be run by Executive Vice President Joaquin
Delgado, who had led 3M's electro and communications business.
The consumer division will continue to be led by Executive
Vice President Mike Vale.
Chris Holmes was named senior vice president of Corporate
Supply Chain Operations, succeeding John Woodworth, who plans to
retire. Holmes had led the industrial and transportation