Mike Roman crossed a lot of billion-dollar items off his to-do list in his final few months as CEO of 3M.
The Minnesota-based conglomerate spun off its health care division on Apr. 1. Two major legal settlements cleared their final hurdles. And the company took a tentative first step back to growth following a major restructuring and several rounds of layoffs.
“Those are things I take with me as I move into the executive chair position,” Roman said. “We’ve been focused on a stronger, leaner, more focused 3M. I’m proud of these teams.”
Bill Brown will take the helm as 3M chief executive on Wednesday as Roman ends his tenure but remains on the board. Meanwhile, the carpet has been rolled out for the new CEO.