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CEO Mike Roman said that the split would "position 3M for the future, to create more opportunity and greater certainty". [ 4 ] Bloomberg News said that the move followed a period of declining profits attributed to shifting economic trends, and would "dramatically reshape a company known for diverse product lines, from electronic components to ...
Minnesota's newest public company will make its debut April 1, nearly two years after 3M first announced it would spin off its health care business. Solventum, the spinoff's name, will employ more ...
3M disclosed plans to spin off its healthcare business into a listed company last year, in which the U.S. industrial giant would retain a 19.9% stake. The plan came amid litigations from military ...
John Thomas Ahlquist III (born January 25, 1968) is an American businessman, commercial real-estate developer, and retired physician from Idaho.He is the CEO of the development firm, Ball Ventures Ahlquist (BVA) and founder and medical director of MN Solutions.
[62] [63] The company will be known as Solventum Corporation. [64] In December 2022, the company announced plans to stop producing and using so-called forever chemicals (per and polyfluoroalkyl [65]), which have been commonly used in items such as food packaging, cellphones, nonstick pans, firefighting foams, and clothing. These chemicals are ...
(Reuters) -Activist investor Nelson Peltz's Trian Fund Management has built a stake in 3M's healthcare spinoff Solventum, Bloomberg News reported on Monday, citing people with knowledge of the ...
From 1992 to 2005, he was at Western Wireless Corp. as CEO and chairman. [3] He was the founder of Voicestream Wireless Corp. [ 9 ] Between 1995 and 2003, VoiceStream Wireless had him as chairman and CEO as well, with that company renamed T-Mobile USA after an acquisition. [ 3 ]
Sylvia Acevedo (born 1956–1957) is an American engineer and businesswoman. She was the chief executive officer of the Girl Scouts of the USA from 2016 to 2020. A systems engineer by education, she began her career at NASA's Jet Propulsion Laboratory, where she was on the Voyager 2 team.