Monish Patolawala, President and Chief Financial Officer of 3M, has resigned, effective July 31, 2024, to pursue another opportunity.

He will stay on through July 31, 2024, to ensure an orderly transition.

“On behalf of all 3Mers, I thank Monish for his leadership and contributions to 3M over the past four years,” said William Brown, 3M Chief Executive Officer. “We wish him continued success in his future endeavors.”

“It has been a privilege to work as part of 3M’s leadership team and I am proud of our accomplishments,” Patolawala remarked. “3M is well positioned for success and this is the right time for me to transition to a new opportunity.”

3M has initiated a CFO succession process and will provide updates as appropriate.