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3M Co (MMM.N)

MMM.N on New York Stock Exchange

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Summary

Name Age Since Current Position

Michael Roman

59 2019 Chairman of the Board, Chief Executive Officer

Nicholas Gangestad

54 2014 Chief Financial Officer, Senior Vice President

James Bauman

59 2017 Executive Vice President, Industrial Business Group.

Julie Bushman

57 2017 Executive Vice President - International Operations

Joaquin Delgado

59 2016 Executive Vice President - Consumer Business Group

Ashish Khandpur

51 2017 Executive Vice President - Electronics & Energy Business Group.

Mojdeh Poul

55 2018 Executive Vice President - Safety and Graphics Business Group

Michael Vale

52 2016 Executive Vice President - Health Care Business Group

John Banovetz

51 2017 Senior Vice President , Research & Development, Chief Technology Officer

Ivan Fong

57 2012 Senior Vice President - Legal Affairs, General Counsel

Paul Keel

49 2017 Senior Vice President - Business Development and Marketing-Sales

Kristen Ludgate

56 2018 Senior Vice President - Human Resources

Eric Hammes

44 2017 Senior Vice President - Business Transformation and Information Technology

Jon Lindekugel

54 2018 Senior Vice President - Manufacturing and Supply Chain

Theresa Reinseth

46 2019 Chief Accounting Officer, Vice President, Corporate Controller

Michael Eskew

69 2012 Lead Independent Director

Thomas Brown

63 2013 Independent Director

Pamela Craig

62 2019 Independent Director

David Dillon

67 2015 Independent Director

Herbert Henkel

70 2007 Independent Director

Amy Hood

47 2017 Independent Director

Ahmet Kent

66 2013 Independent Director

Edward Liddy

73 2000 Independent Director

Dambisa Moyo

50 2018 Independent Director

Gregory Page

67 2016 Independent Director

Patricia Woertz

66 2016 Independent Director

Biographies

Name Description

Michael Roman

Mr. Michael F. Roman is appointed as Chairman of the Board, Chief Executive Officer of 3M Company effective May 14, 2019. He has served as the Company’s executive vice president and chief operating officer since July 1, 2017. Prior to that, he was executive vice president, Industrial Business Group, from 2014 to 2017, and senior vice president, Business Development, from 2013 to 2014. Prior to that, he was Vice President and General Manager of Industrial Adhesives and Tapes Division from September 2011 to May 2013. Mr. Roman also has lived in and led 3M businesses around the world, including the United States, Europe and Asia. Mr. Roman’s Bachelor’s and Master’s degrees in Electrical Engineering from the University of Minnesota and the University of Southern California, his distinguished 3M career over 30 years with leadership roles across multiple geographies and businesses, his experience in managing 3M’s five business groups and international operations, his knowledge and skills in key areas such as manufacturing, supply chain, technology, finance, and risk management, and his accomplishments in sales growth, operational efficiency and value creation across a wide range of global businesses, qualify him to serve as a director of 3M.

Nicholas Gangestad

Mr. Nicholas C. Gangestad serves as an Chief Financial Officer, Senior Vice President of the Company. Mr. Gangestad has served as the Company’s Vice President, Corporate Controller and Chief Accounting Officer, April 2011 - 2014. Prior to that, Mr. Gangestad had served as Director of Corporate Accounting from 2007 to March 31, 2011 and as Director of Finance and I.T., 3M Canada from 2003 to 2007.

James Bauman

Mr. James L. Bauman serves as an Executive Vice President, Industrial Business Group of the company. He holds B.S. – Mechanical Engineering in 1983 at Marquette University. He was Senior Vice President, Business Transformation, Americas, 2015 Senior Vice President, Asia Pacific, 2012-2014 Vice President and General Manager, Optical Systems Division, 2008-2012. Additional Affiliations of Bauman Board of Directors, St. Paul Youth Services (2006-present) Young Leaders Society, Austin United Way (2003-2004) Thailand U.S. Chamber of Commerce (2000-2001) Board of Directors, Combi Packaging LLC (1998-1999) Business Person of the Year, Hutchinson, Minn. (1998) Board of Directors, Chamber of Commerce, Hutchinson, Minn. (1995-1998) Board of Directors, Chamber of Commerce, Weatherford, Okla. (1993-1995).

Julie Bushman

Ms. Julie L. Bushman serves as an Executive Vice President - International Operations of 3M Company. She served as Executive Vice President, Safety and Graphics, 2012-2013; Executive Vice President, Safety Security and Protection Services Business, 2011-2012; Vice President and General Manager, Occupational Health and Environmental Safety Division, 2007-2011. She has been Senior Vice President, Business Transformation and Information Technology, 2013-2017.

Joaquin Delgado

Dr. Joaquin Delgado serves as an Executive Vice President - Consumer Business Group of 3M Company. He was Executive Vice President - Health Care Business Group 2012-2016. He was Executive Vice President, Electro and Communications Business, 2009-2012.

Ashish Khandpur

Dr. Ashish K. Khandpur serves as Executive Vice President - Electronics & Energy Business Group of the Company. He was Senior Vice President, Research and Development, and Chief Technology Officer, 2014-2017. Dr. Khandpur was Vice President and General Manager, Personal Safety Division, 2014. He was Vice President, Research and Development, Industrial Business Group, 2013. He was Vice President, Research and Development, Industrial and Transportation Business, 2012.

Mojdeh Poul

Ms. Mojdeh Poul is appointed as Executive Vice President - Safety and Graphics Business Group of the company effective July 1, 2018. She currently is president and general manager, 3M Canada Company. She oversees 3M’s five business groups within Canada — including its largest businesses in that country, Industrial and Safety and Graphics — along with manufacturing, research and development, and sales and marketing. Poul joined 3M as director of global marketing in 2011 and subsequently held positions of increasing responsibility within the company’s Health Care Business Group. Previous to 3M, she held leadership roles at Medtronic and Boston Scientific. Poul earned her MBA from UNC Kenan-Flagler Business School, and master’s and bachelor’s degrees in engineering from the University of Louisville.

Michael Vale

Dr. Michael G. Vale, Ph.D., serves as an Executive Vice President - Health Care Business Group of the Company. He was Executive Vice President - Consumer Business Group of 3M Company. He was Executive Vice President, Consumer Business Group, 2012-2016. He was Executive Vice President, Consumer and Office Business, 2011-2012.

John Banovetz

Dr. John Patrick Banovetz serves as an Senior Vice President , Research & Development, Chief Technology Officer of the Company. He is Managing Director, DACH Region, 2016-2017. He has been Vice President, Corporate Research Laboratory, Research and Development, 2015-2016 and Global Business Director, Industrial Adhesives and Tapes Division, 2012-2015.

Ivan Fong

Mr. Ivan K. Fong serves as an Senior Vice President - Legal Affairs, General Counsel of 3M Company since October 15, 2012. He was General Counsel, U.S. Department of Homeland Security, 2009-2012. Prior to joining DHS in 2009, Fong was the chief legal officer and secretary of Cardinal Health, Inc., where he was named one of the "Most Influential General Counsel" by the National Law Journal. He was previously senior vice president and general counsel of GE Vendor Financial Services and prior to that was GE's first chief privacy leader and senior counsel, information technology. Fong has also served as deputy associate attorney general at the U.S. Department of Justice; a partner with Covington & Burling in Washington, D.C.; and an adjunct professor at the Georgetown University Law Center. He was a law clerk to Judge Abner J. Mikva of the U.S. Court of Appeals for the D.C. Circuit and Justice Sandra Day O'Connor of the Supreme Court of the U.S. Ivan holds a B.C.L. with first-class honors from Oxford University, where he was a Fulbright Scholar. He received his J.D. (with distinction) from Stanford Law School, where he was president of the Stanford Law Review, and an S.B. in chemical engineering and an S.M. in chemical engineering practice from MIT. He is a registered patent attorney.

Paul Keel

Mr. Paul A. Keel serves as an Senior Vice President - Business Development and Marketing-Sales of the company. He was Senior Vice President, Supply Chain, 2014-2017. He has been Managing Director, 3M United Kingdom-Ireland Region, 2013-2014. He was Vice President and General Manager, Skin and Wound Care Division, 2010-2013. He was Vice President and General Manager, 3M Unitek Corporation, 2007-2010.

Kristen Ludgate

Ms. Kristen Marie Ludgate serves as an Senior Vice President - Human Resources of the Company. She was Vice President, Global Human Resources Business Operations, Human Resources, 2017-2018 Vice President, Associate General Counsel and Chief Compliance Officer, Compliance and Business Conduct, 2015-2017 Associate General Counsel, Labor and Employment, Office of General Counsel, 2013-2015.

Eric Hammes

Mr. Eric D. Hammes serves as an Senior Vice President - Business Transformation and Information Technology of the Company. He has been Vice President, Corporate Controller and Chief Accounting Officer, 2014-2017, Vice President, Finance, International and Staff Operations, 2013-2014 and Finance Director, Health Care Business, 2012-2013.

Jon Lindekugel

Mr. Jon T. Lindekugel serves as an Senior Vice President - Manufacturing and Supply Chain of the Company. He was Senior Vice President, Business Development and Marketing-Sales, 2015-2017. Mr. Lindekugel was Senior Vice President, Business Development, 2014-2015. He was President, Health Information Systems Inc., 2008-2014.

Theresa Reinseth

Ms. Theresa E Reinseth is appointed as Chief Accounting Officer, Vice President, Corporate Controller of the Company, effective April 1, 2019. She has served as the Company’s Finance Director of the Safety & Graphics Business Group since March 2015. Since joining the Company in 2005, Ms. Reinseth worked as financial manager in the Company’s Global Financial Accounting Center and has held financial management positions in several businesses in the Company’s Health Care Business Group.

Michael Eskew

Mr. Michael L. Eskew serves as Lead Independent Director of 3M Company since November 12, 2012. Mr. Eskew is the Retired Chairman of the Board and Chief Executive Officer, United Parcel Service, Inc., a provider of specialized transportation and logistics services. Mr. Eskew was appointed Executive Vice President in 1999 and Vice Chairman in 2000 before becoming Chairman and Chief Executive Officer of UPS in January 2002. He retired as Chairman of the Board and Chief Executive Officer at the end of 2007 but remained as a director of UPS until December 31, 2014. Mr. Eskew’s degree in Industrial Engineering from Purdue University.

Thomas Brown

Mr. Thomas K. (Tony) Brown serves as Independent Director of 3M Co., effective August 12, 2013. Mr. Brown is the Retired Group Vice President, Global Purchasing, Ford Motor Company, a global automotive industry leader. Mr. Brown served in various leadership capacities in global purchasing since joining Ford in 1999. In 2008, he became Ford’s Group Vice President, Global Purchasing, with responsibility for approximately $90 billion of production and non-production procurement for Ford operations worldwide. He retired from Ford on August 1, 2013. From 1997 to 1999 he served in leadership positions at United Technologies Corporation, including its Vice President, Supply Management. From 1991 to 1997 he served as Executive Director, Purchasing and Transportation at QMS Inc. From 1976 to 1991 he served in various managerial roles at Digital Equipment Corporation. Mr. Brown’s Bachelor of Business Administration degree from American International College in Springfield, Massachusetts, his leadership roles, including his experience serving as a director of the public companies listed, and his knowledge of and extensive experiences in global purchasing, management, and supply chain at Ford Motor Company and other companies, qualify him to serve as a director of 3M.

Pamela Craig

Ms. Pamela J. Craig is Independent Director of the company. Ms. Craig is the Retired Chief Financial Officer, Accenture plc., a global management consulting, technology services and outsourcing company. She served as Accenture's CFO from 2006 through 2013, following her many other leadership roles in line management, consulting and operations at Accenture during her 34 years with the company. She is also actively involved in charitable organizations, focused on education and on the advancement of women in business, including The Committee of 200, The Women’s Forum of New York, Junior Achievement of New Jersey, and the C200 Foundation. She chairs the Board of Comprehensive Development, Inc., a non-profit that provides academic and social service support to at-risk New York City high school students. Ms. Craig's undergraduate degree from Smith College and MBA degree from New York University Stern School, her decades of executive leadership roles and experiences at Accenture, including serving as its CFO, and her finance, management, business operations and services, global business, and technology expertise, her skills in financial, audit, compensation and governance matters, and her experiences as a director at the other public companies listed, qualify her to serve as a director of 3M.

David Dillon

Mr. David B. Dillon serves as Independent Director of the Company effective Aug. 9, 2015. Mr. Dillon is the Retired Chairman of the Board and Chief Executive Officer, The Kroger Co., a large retailer that operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores throughout the U.S. Mr. Dillon retired as Kroger’s Chairman of the Board on December 31, 2014, where he was Chairman since 2004 and was the Chief Executive Officer from 2003 through 2013. Mr. Dillon served as President from 1995 to 2003 and was elected Executive Vice President in 1990. Mr. Dillon served as Director of the Kroger Co. from 1995 through 2014. Mr. Dillon began his retailing career at Dillon Companies, Inc. (later a subsidiary of The Kroger Co.) in 1976 and advanced through various management positions, including its President from 1986-1995. Mr. Dillon’s degree in business from the University of Kansas and his law degree from Southern Methodist University.

Herbert Henkel

Mr. Herbert L. Henkel serves as Independent Director of 3M Company. Mr. Henkel is the Retired Chairman of the Board and Chief Executive Officer, Ingersoll-Rand plc, a manufacturer of industrial products and components. Mr. Henkel retired as Ingersoll-Rand’s Chief Executive Officer, a position he held since October 1999, on February 4, 2010, and retired as Chairman of the Board on June 3, 2010. Mr. Henkel served as President and Chief Operating Officer of Ingersoll-Rand from April 1999 to October 1999. Mr. Henkel served in various leadership roles at Textron, Inc., including its President and Chief Operating Officer from 1998-1999. Mr. Henkel’s Bachelor’s and Master’s degrees in Engineering from Polytechnic University of New York and Masters of Business Administration from the Lubin School at Pace University. His leadership roles and experiences at Textron, Inc. and Ingersoll-Rand, including serving as Chairman of the Board and Chief Executive Officer of Ingersoll-Rand, his knowledge of and extensive experiences in engineering, manufacturing, management, sales and marketing in a variety of industries, his skills in financial and audit matters, and his experiences as a director at the public companies listed, qualify him to serve as a director of 3M.

Amy Hood

Ms. Amy E. Hood serves as Independent Director of the company. Ms. Hood is Executive Vice President and Chief Financial Officer of Microsoft Corporation, a worldwide provider of software, services and solutions. As chief financial officer, Ms. Hood is responsible for leading Microsoft’s worldwide finance organization, including acquisitions, treasury activities, tax planning, accounting and reporting, and internal audit and investor relations. Prior to this role, Ms. Hood was chief financial officer of Microsoft’s Business Division, responsible for the company’s productivity applications and services including Microsoft Office 365, Office, SharePoint, Exchange, Dynamics ERP and Dynamics CRM. During her time in the Business Division, Ms. Hood helped lead the transition to the company’s Office 365 service, and she was deeply involved in the strategy development and overall execution of the company’s successful acquisitions of Skype and Yammer. Ms. Hood joined Microsoft in 2002 and previously held positions in the Server and Tools Business as well as the corporate finance organization. Prior to 2002, she worked at Goldman Sachs & Co. in various investment banking and capital markets groups roles. Ms. Hood’s Bachelor’s degree in economics from Duke University and Master’s degree in business administration from Harvard University, her extensive leadership roles and experiences at Microsoft Corporation, especially in strategic business development, finance, and digitization, qualify her to serve as a director of 3M.

Ahmet Kent

Mr. Ahmet Muhtar Kent serves as Independent Director of 3M Company since April 1, 2013. Mr. Kent is the Chairman of the Board and Chief Executive Officer, The Coca-Cola Company, the world’s largest beverage company. Mr. Kent has held the position of Chairman of the Board of The Coca-Cola Company since April 23, 2009, and the position of Chief Executive Officer since July 1, 2008. From December 2006 through June 2008, Mr. Kent served as President and Chief Operating Officer of The Coca-Cola Company. From January 2006 through December 2006, Mr. Kent served as President of Coca-Cola International and was elected Executive Vice President of The Coca-Cola Company in February 2006. From May 2005 through January 2006, he was President and Chief Operating Officer of The Coca-Cola Company’s North Asia, Eurasia and Middle East Group, an organization serving a broad and diverse region that included China, Japan, and Russia. Mr. Kent is a board member and past Co-Chair of The Consumer Goods Forum, a fellow of the Foreign Policy Association, a board member and past Chairman of the U.S.-China Business Council, and Chairman Emeritus of the U.S. ASEAN Business Council. Mr. Kent’s Bachelor of Science degree in Economics from the University of Hull, England, and Master of Science degree in Administrative Sciences from City University London. His extensive leadership roles and experiences at The Coca-Cola Company across multiple geographies, and his extensive international experience at The Coca-Cola Company qualify him to serve as a director of 3M.

Edward Liddy

Mr. Edward M. Liddy serves as Independent Director of 3M Company. Mr. Liddy is the Retired Chairman of the Board and Chief Executive Officer, The Allstate Corporation, and former Partner at Clayton, Dubilier & Rice, LLC, a private equity investment firm. Mr. Liddy served as a partner of Clayton, Dubilier & Rice, LLC from January 2010 to December 2015. At the request of the Secretary of the U.S. Department of the Treasury, Mr. Liddy served as Interim Chairman of the Board and Chief Executive Officer of American International Group, Inc. (AIG), a global insurance and financial services holding company, from September 2008 until August 2009. Mr. Liddy served as Chairman of the Board of The Allstate Corporation, a personal lines insurer, from January 1999 to April 2008, and as its Chief Executive Officer from January 1999 to December 2006, and as President and Chief Operating Officer from August 1994 to December 1998. Mr. Liddy earned an undergraduate degree from Catholic University and a Masters of Business Administration from George Washington University. He brings to our Board the benefits of his substantial experience as a senior executive and board member of several Fortune 100 companies across a range of industries. Mr. Liddy’s extensive executive leadership experience at Allstate and American International Group enables him to provide our Board with valuable insights on corporate strategy, risk management, corporate governance, and many other issues facing large, global enterprises. Additionally, as a former Chief Financial Officer of Sears, Roebuck and Co., chair of the audit committee of Goldman Sachs, and partner at Clayton, Dubilier & Rice, LLC, Mr. Liddy provides our Board with significant knowledge and understanding of corporate finance, capital markets, and financial reporting and accounting matters, which qualifies him to serve as a director of 3M.

Dambisa Moyo

Dr. Dambisa F. Moyo Ph.D., is Independent Director of the company. She holds a doctorate in economics from the University of Oxford, has expertise in examining the interplay of international business and the global economy. Dr. Moyo has been the Chief Executive Officer of Mildstorm LLC since she founded it in 2015. She is a global economist and commentator, analyzing the macroeconomy and international affairs. From 2001 to 2008, she worked at Goldman Sachs in various roles, including as an economist. Prior to that she worked at the World Bank in Washington, D.C. 1993-1995. A New York Times bestsellers’ author, Dr. Moyo’s writing regularly appears in economic and finance-related publications. Dr. Moyo’s doctorate in economics from the University of Oxford, her Master’s of Business Administration in finance from the American University, and her Master’s in Public Administration from Harvard Kennedy School, her leadership roles and experience in the banking and financial services industry, her extensive knowledge of macroeconomics, geopolitics and global markets, and her experience as a director at the public companies listed, qualify her to serve as a director of 3M.

Gregory Page

Mr. Gregory R. Page serves as an Independent Director of 3M Company. Mr. Page is the Retired Chairman of the Board and Chief Executive Officer, Cargill, Incorporated, an international marketer, processor and distributor of agricultural, food, financial and industrial products and services. Mr. Page was named Corporate Vice President & Sector President, Financial Markets and Red Meat Group of Cargill in 1998, Corporate Executive Vice President, Financial Markets and Red Meat Group in 1999, President and Chief Operating Officer in 2000, and became Chairman of the Board and Chief Executive Officer in 2007. He served as Executive Chairman of the Board of Cargill from December 2013 until his retirement from Cargill in September 2015, and Executive Director of Cargill from September 2015 to September 2016. Mr. Page is a director and past non-executive Chair of the Board of Big Brothers Big Sisters of America. He is immediate past President and board member of the Northern Star Council of the Boy Scouts of America. Mr. Page’s undergraduate degree in economics from the University of North Dakota.

Patricia Woertz

Ms. Patricia A. Woertz serves as an Independent Director of 3M Company. Ms. Woertz is the Retired Chairman of the Board and Chief Executive Officer, Archer-Daniels-Midland Company, an agricultural processor and food ingredient provider. Ms. Woertz joined ADM as Chief Executive Officer and President in April 2006, and was named Chairman of the Board in February 2007. She served as Chief Executive Officer until December 2014, and Chairman of the Board until December 2015. Before joining ADM, Ms. Woertz held positions of increasing importance at Chevron Corporation and its predecessor companies. Ms. Woertz served on the President’s Export Council from 2010-2015 and chaired the U.S. section of the U.S.-Brazil CEO Forum 2013-2015. Ms. Woertz’s undergraduate degree from Pennsylvania State University in accounting. Her experiences as a Certified Public Accountant at Ernst & Young, her experiences in finance, auditing, strategic planning, and marketing at Gulf Oil Corporation, her experiences in the financial aspects of the mergers between Gulf Oil and Chevron and Texaco and Chevron, her extensive leadership roles and experiences at ChevronTexaco Corporation as Executive Vice President, Global Downstream from 2001-2006, her expertise and knowledge of financial and audit matters and corporate governance, and her experiences as a director at the public companies listed, qualify her to serve as a director of 3M.