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10.07.202411:51:00UTC+003M Says President And CFO Monish Patolawala To Resign Effective July 31

3M, Inc. (MMM) announced on Wednesday the resignation of Monish Patolawala, its President and Chief Financial Officer, with his departure effective as of July 31, 2024. Patolawala is leaving to pursue another opportunity; however, he will remain at the company until the end of July to facilitate a smooth transition.

3M has begun the process of selecting a successor for the CFO role.

Patolawala joined 3M in July 2020 as Senior Vice President and Chief Financial Officer. Prior to his tenure at 3M, he dedicated 26 years to General Electric (GE), where he undertook various roles of increasing responsibility across multiple GE businesses. His most recent position at GE was as CFO of GE Healthcare.

Before his extensive career at GE, Monish acquired experience at A.F. Ferguson & Co, a former affiliate of KPMG.

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