Herbert Henkel - 3M Independent Director

MMM Stock  USD 152.20  2.20  1.42%   

Director

Mr. Herbert L. Henkel serves as Independent Director of 3M Company. Mr. Henkel is the Retired Chairman of the Board and Chief Executive Officer, IngersollRand plc, a manufacturer of industrial products and components. Mr. Henkel retired as IngersollRands Chief Executive Officer, a position he held since October 1999, on February 4, 2010, and retired as Chairman of the Board on June 3, 2010. Mr. Henkel served as President and Chief Operating Officer of IngersollRand from April 1999 to October 1999. Mr. Henkel served in various leadership roles at Textron, Inc., including its President and Chief Operating Officer from 19981999 since 2007.
Age 71
Tenure 18 years
Address 3M Center, Saint Paul, MN, United States, 55144-1000
Phone651 733 1110
Webhttps://www.3m.com
Henkel’s Bachelor’s and Master’s degrees in Engineering from Polytechnic University of New York and Masters of Business Administration from the Lubin School at Pace University. His leadership roles and experiences at Textron, Inc. and IngersollRand, including serving as Chairman of the Board and Chief Executive Officer of IngersollRand, his knowledge of and extensive experiences in engineering, manufacturing, management, sales and marketing in a variety of industries, his skills in financial and audit matters, and his experiences as a director at the public companies listed, qualify him to serve as a director of 3M.

3M Management Efficiency

The company has Return on Asset of 0.0903 % which means that on every $100 spent on assets, it made $0.0903 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 1.1329 %, implying that it generated $1.1329 on every 100 dollars invested. 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. As of the 2nd of February 2025, Return On Tangible Assets is likely to grow to -0.18. In addition to that, Return On Capital Employed is likely to grow to -0.28. At this time, 3M's Total Assets are very stable compared to the past year. As of the 2nd of February 2025, Non Current Assets Total is likely to grow to about 41.3 B, while Other Current Assets are likely to drop about 896.6 M.
3M Company has 16.85 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. 3M Company has a current ratio of 1.53, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for 3M to invest in growth at high rates of return.

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3M Company operates as a diversified technology company worldwide. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 95000 people. 3M Company (MMM) is traded on New York Stock Exchange in USA. It is located in 3M Center, Saint Paul, MN, United States, 55144-1000 and employs 85,000 people. 3M is listed under Industrial Conglomerates category by Fama And French industry classification.

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, Chairman of the Board, President, Chief Executive Officer
Luigi Faltoni, Managing Brazil
Thomas Brown, Independent Director
Monish Patolawala, Executive Vice President, Chief Financial and Transformation Officer
Anurag Maheshwari, CFO VP
Paul Keel, Senior Vice President - Business Development and Marketing-Sales
Jeffrey Lavers, Executive Vice President Consumer Business Group
Karina Chavez, Senior Vice President Chief Strategy Officer
Ahmet Kent, Independent Director
Mark II, Executive Officer
Denise Rutherford, Senior Vice President - Corporate Affairs
David Dillon, Independent Director
John Banovetz, Executive Vice President, Chief Technology Officer and Environmental Responsibility
Dambisa Moyo, Independent Director
Ashish Khandpur, Executive Vice President - Transportation and Electronics Business Group
Amy Hood, Independent Director
Suzan Kereere, Independent Director
Nicholas Gangestad, Chief Financial Officer, Senior Vice President
Veena Lakkundi, Senior Vice President Strategy and Business Development
Bryan Hanson, Chief Group
Patricia Woertz, Independent Director
William Brown, CEO Director
Kristen Ludgate, Senior Vice President - Corporate Communications and Enterprise Services
Pamela Craig, Independent Director
Peter Gibbons, Group President Enterprise Operations
James Fitterling, Independent Director
Ty Silberhorn, Senior Vice President - Business Transformation and Information Technology
Zoe Dickson, Chief Human Resource Officer, Executive Vice President
Ivan Fong, Senior Vice President, General Counsel, Company Secretary
Gregory Page, Independent Director
Eric Hammes, Senior Vice President - Business Transformation and Information Technology
Mark Murphy, Executive Vice President Chief Information and Digital Officer
Kevin Rhodes, Executive Vice President - Chief Legal Affairs Officer
Stephen Shafer, Senior Vice President 3M Strategy and Business Development
Michael Vale, Executive Vice President - Safety and Industrial Business Group
Mojdeh Poul, Executive Vice President - Safety and Graphics Business Group
Bruce CFA, Vice Relations
Michael Duran, Senior Officer
Theresa Reinseth, Chief Accounting Officer, Vice President Corporate Controller
Michael Eskew, Lead Independent Director
Kevin JD, Executive Officer
Herbert Henkel, Independent Director

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.

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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 population.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Earnings Share
7.15
Revenue Per Share
58.972
Quarterly Revenue Growth
0.004
Return On Assets
0.0903
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.