3M Names William Brown as New CEO

Rhea-AI Summary

3M appoints William M. Brown as CEO, succeeding Michael Roman who becomes Executive Chairman of the Board. Brown brings extensive experience in global technology leadership to continue 3M's positive trajectory.

NORTHAMPTON, MA / ACCESSWIRE / March 19, 2024 / 3M
Originally published on 3M News Center

On March 12, 3M announced that William M. "Bill" Brown is appointed chief executive officer, effective May 1, 2024. He succeeds Michael Roman, who is appointed to the role of Executive Chairman of the 3M Board of Directors, also effective May 1, 2024.

"Bill's strong track record as a CEO for a global technology company makes him the right leader for 3M," said Roman. "He brings a wealth of experience in strategic leadership, innovation, and operational excellence to 3M. I look forward to working with him to build on our momentum in my new role as executive chairman."

"I am excited for the opportunity to lead this iconic global company," said Brown. "The company has made significant positive changes under Mike's leadership, and I am looking forward to building on that progress as CEO as 3M continues to deliver for its customers, shareholders, employees, and communities around the globe."

Brown, 61, is the former Chairman of the Board and Chief Executive Officer of L3Harris Technologies, a global innovator in aerospace and defense technology solutions, where he served as chief executive officer and chairman, and then executive chair from June 2019 to June 2022. Brown previously served as chairman, president, and chief executive officer of Harris Corporation prior to its merger with L3 Technologies in 2019. He joined Harris Corporation in November 2011 as president and chief executive officer. Prior to Harris Corporation, Brown spent 14 years at United Technologies Corporation (UTC) serving in a variety of leadership roles.

Brown holds bachelor's and master's degrees in mechanical engineering from Villanova University, as well as an MBA from The Wharton School, University of Pennsylvania. He is the former Chair of the Aerospace Industries Association (AIA) Board of Governors and formerly a member of AIA's Executive Committee.

Roman will continue to chair 3M's Board of Directors and provide insights from his more than 35 years with 3M to the company's strategic direction as executive chairman of the board. He has served as 3M's CEO since July 2018.

William Brown, Chief Executive Officer, 3M.

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SOURCE: 3M

View the original press release on accesswire.com

FAQ

Who is appointed as the new CEO of 3M?

William M. Brown is appointed as the new CEO of 3M, effective May 1, 2024.

Who is appointed as the Executive Chairman of the 3M Board of Directors?

Michael Roman is appointed as the Executive Chairman of the 3M Board of Directors, effective May 1, 2024.

What is William Brown's background?

William Brown is the former Chairman and CEO of L3Harris Technologies, with significant experience in aerospace and defense technology solutions.

What are Michael Roman's future responsibilities at 3M?

Michael Roman will continue to chair 3M's Board of Directors and offer strategic insights as the Executive Chairman of the board.

What are William Brown's qualifications?

William Brown holds bachelor's and master's degrees in mechanical engineering and an MBA from The Wharton School, University of Pennsylvania.