Monish Patolawala is recorded as CFO at 3M Co (MMM) since September 1, 2023. 3M Co reported in an 8-K filed July 10, 2024 that Monish Patolawala resigned as President and Chief Financial Officer, effective July 31, 2024. 3M Co reported in an 8-K filed August 22, 2023 that Monish Patolawala was appointed President and Chief Financial Officer, effective September 1, 2023. The proxy statement of 3M Co reports total compensation of $10,223,847 for Monish Patolawala in fiscal 2024, including a base salary of $822,017. Disclosed compensation is on record for 5 fiscal years. Monish Patolawala has spoken on 8 earnings calls across 1 company, most recently for 3M Co on July 26, 2024. 3M Co is classified in the Conglomerates industry within the Industrials sector. Other leadership on record at 3M Co includes Bryan C. Hanson (CEO), Michael F. Roman (CEO and Chairman), Michael Roman (CEO and Chairman) and 7 others.
“Monish Patolawala, President and Chief Financial Officer, has announced his intention to resign from 3M Company, effective July 31, 2024.”
“The Board of Directors of 3M Company (the Company) has appointed Monish Patolawala as 3M President and Chief Financial Officer of the Company, effective September 1, 2023.”
“I would like to take a moment to briefly remind you of a few items that we highlighted during last quarter's earnings call. Beginning with the second quarter, our results for business segment operating income includes prospectively the impact of dissynergies or stranded costs previously associated with Solventum.”
“We continue to build upon the strong foundation we laid in 2023. We remain focused on our priorities, and the team continues to deliver improving results.”
“The fourth quarter culminated in a year where we took significant steps to improve our operational execution, resulting in better financial performance.”
