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3M made $35.4 billion in total sales in 2021 and ranked number 102 in the Fortune 500 list of the largest United States corporations by total revenue. As of 2021, the company had approximately 95,000 employees and operations in more than 70 countries. There are a few international subsidiaries, such as 3M India, 3M Japan, and 3M Canada.
3M itself sold its food safety business to Neogen in September 2022. On January 24, 2023, the health care business was registered as a corporation in Delaware under the provisional name "3M Health Care Co.". On November 16, 2023, 3M unveiled that the new company would be called Solventum, a portmanteau of the words "solving" and "momentum".
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3M announced that it would freeze pensions for non-unionized employees and shift to a 401(k) retirement plan in 2028. 3M’s CEO is set to score a $26 million pension while the company freezes ...
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Michael F. Roman. Michael F. Roman is an American executive who is the chairman and Chief Executive Officer (CEO) of 3M. Prior to being named CEO in 2018, was chief strategy officer and chief operating officer, among other positions since joining the company in 1988. Roman also is on the board of trustees of the University of Minnesota Foundation.
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