3M Appoints New CEO
3M has appointed Michael F. Roman as its new chief executive officer.
3M, parent company of Top 40 supplier 3M/Promotional Markets, has appointed a new chief executive officer. Michael F. Roman will take over the CEO position, effective July 1, the company announced early this week. Roman succeeds current CEO Inge G. Thulin, who will become executive chairman of the board – a newly created position.
“After a thorough and thoughtful succession planning process, Mike is the clear choice to lead 3M into the future as CEO,” said Thulin. “He is an accomplished, results-oriented and high-integrity leader, with an excellent track record of growing sales, improving operational efficiency and increasing value across a wide range of global businesses.”
Roman, 58, is excited about the challenge that lies ahead. “It is an honor to lead 3M into the future,” said Roman. “Inge’s leadership has taken 3M to new heights, and I look forward to building on our momentum and delivering value for customers and shareholders.”
3M/Promotional Markets ranked 18th on Counselor’s latest list of the largest suppliers in the industry with estimated 2016 North American promotional product revenue of $96 million.