Michael Roman - 3M President

MMM Stock  EUR 126.86  3.98  3.24%   

President

Mr. Michael F. Roman is appointed as Chairman of the Board, Chief Executive Officer of 3M Company effective May 14, 2019. He has served as the Companys executive vice president and chief operating officer since July 1, 2017. Prior to that, he was executive vice president, Industrial Business Group, from 2014 to 2017, and senior vice president, Business Development, from 2013 to 2014. Prior to that, he was Vice President and General Manager of Industrial Adhesives and Tapes Division from September 2011 to May 2013. Mr. Roman also has lived in and led 3M businesses around the world, including the United States, Europe and Asia since 2019.
Age 63
Tenure 5 years
Phone651 733 1110
Webhttps://www.3m.com
Roman’s Bachelor’s and Master’s degrees in Electrical Engineering from the University of Minnesota and the University of Southern California, his distinguished 3M career over 30 years with leadership roles across multiple geographies and businesses, his experience in managing 3M’s five business groups and international operations, his knowledge and skills in key areas such as manufacturing, supply chain, technology, finance, and risk management, and his accomplishments in sales growth, operational efficiency and value creation across a wide range of global businesses, qualify him to serve as a director of 3M.

3M Management Efficiency

The company has return on total asset (ROA) of 0.0748 % which means that it generated a profit of $0.0748 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3875 %, meaning that it generated $0.3875 on every $100 dollars invested by stockholders. 3M's management efficiency ratios could be used to measure how well 3M manages its routine affairs as well as how well it operates its assets and liabilities.
3M Company has accumulated 14 B in total debt with debt to equity ratio (D/E) of 177.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. 3M Company has a current ratio of 1.98, which is within standard range for the sector. Debt can assist 3M until it has trouble settling it off, either with new capital or with free cash flow. So, 3M's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like 3M Company sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for 3M to invest in growth at high rates of return. When we think about 3M's use of debt, we should always consider it together with cash and equity.

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3M Company develops, manufactures, and markets various products worldwide. The company serves automotive, electronics and automotive electrification, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets. 3M Company was founded in 1902 and is headquartered in St. 3M operates under Diversified Industrials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 93000 people. 3M Company (MMM) is traded on Frankfurt Exchange in Germany and employs 92,000 people.

Management Performance

3M Company Leadership Team

Elected by the shareholders, the 3M's board of directors comprises two types of representatives: 3M inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 3M. The board's role is to monitor 3M's management team and ensure that shareholders' interests are well served. 3M's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, 3M's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Roman, Executive Vice President - Industrial Business Group
Michael Vale, Executive Vice President - Consumer
John Banovetz, Senior Vice President , Research & Development, CTO
Monish Patolawala, Ex Officer
Bruce CFA, VP Relations
Michael Duran, VP Officer
Theresa Reinseth, Chief Accounting Officer, Vice President Corporate Controller
Ashish Khandpur, Senior Vice President - Research and Development, CTO
Kevin Rhodes, Ex Officer
Mark II, Ex Officer

3M Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is 3M a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in 3M Stock

When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.