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Executive changes at 3M

| By Mary Bailey

3M (St. Paul, Minn.; www.3m.com) announced that Michael F. Roman has been appointed chief operating officer (COO) and executive vice president, and Hak Cheol (H.C.) Shin is appointed vice chair and executive vice president. Both appointments are effective July 1, 2017. Both will report directly to Inge Thulin, 3M chairman of the board, president and chief executive officer.

“Mike and H.C. are both highly effective, accomplished leaders with proven track records of delivering strong results, building businesses and developing future leaders,” said Thulin. “Each has extensive experience leading multiple 3M global business units, geographic regions and critical functional areas, and both have been instrumental in leveraging the 3M Playbook to create sustainable value for our customers and shareholders.”

In his new role, Roman will have direct responsibility for 3M’s five business groups, along with the company’s International Operations. He most recently served as executive vice president of 3M’s largest business, Industrial Business Group. Prior to that role, Roman was senior vice president, Strategy and Business Development, where he was instrumental in establishing 3M’s future strategic roadmap. As one of 3M’s early Lean Six Sigma leaders, Roman knows the power of Lean Six Sigma to enhance customer and company success.

Shin will lead critical global functional teams including Research & Development, Strategy and Business Development, Supply Chain Operations and Information Technology. Business Transformation, which is enabling 3M to serve customers with even greater agility and efficiency, will also be part of his responsibilities. Since 2011, Shin has served as 3M’s executive vice president, International Operations. Prior to this, he was executive vice president, Industrial Business Group.