Ahmet Kent - 3M Independent Director

MMM Stock  MXN 1,589  14.99  0.95%   

Director

Mr. Ahmet Muhtar Kent serves as Independent Director of 3M Company since April 1, 2013. Mr. Kent is the Chairman of the Board and Chief Executive Officer, The CocaCola Company, the worlds largest beverage company. Mr. Kent has held the position of Chairman of the Board of The CocaCola Company since April 23, 2009, and the position of Chief Executive Officer since July 1, 2008. From December 2006 through June 2008, Mr. Kent served as President and Chief Operating Officer of The CocaCola Company. From January 2006 through December 2006, Mr. Kent served as President of CocaCola International and was elected Executive Vice President of The CocaCola Company in February 2006. From May 2005 through January 2006, he was President and Chief Operating Officer of The CocaCola Companys North Asia, Eurasia and Middle East Group, an organization serving a broad and diverse region that included China, Japan, and Russia. Mr. Kent is a board member and past CoChair of The Consumer Goods Forum, a fellow of the Foreign Policy Association, a board member and past Chairman of the U.S.China Business Council, and Chairman Emeritus of the U.S. ASEAN Business Council since 2013.
Age 65
Tenure 11 years
Phone800-235-8396
Webhttps://www.3m.com
Kent’s BS degree in Economics from the University of Hull, England, and MS degree in Administrative Sciences from City University London. His extensive leadership roles and experiences at The CocaCola Company across multiple geographies, and his extensive international experience at The CocaCola Company 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.
The company has accumulated 14 B in total debt with debt to equity ratio (D/E) of 166.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. 3M Company has a current ratio of 1.89, 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 COMPANY operates under Diversified Industrials classification in Mexico and is traded on Mexico Stock Exchange. It employs 93000 people. 3M Company (MMM) is traded on Mexican Exchange in Mexico 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
Ian Hardgrove, Senior Vice President - Corporate Communications and Enterprise Services
James Bauman, Senior Vice President - Business Transformation, Americas
Thomas Brown, Independent Director
Monish Patolawala, Ex Officer
Paul Keel, Senior Vice President - Supply Chain
Ahmet Kent, Independent Director
Marlene McGrath, Senior Vice President - Human Resources
Vance Coffman, Independent Director
Mark II, Ex Officer
Robert Ulrich, Independent Director
Jon Lindekugel, Senior Vice President - Business Development
David Dillon, Independent Director
John Banovetz, Senior Vice President , Research & Development, CTO
Dambisa Moyo, Independent Director
Hak Shin, Executive VP of International Operations
Ashish Khandpur, Senior Vice President - Research and Development, CTO
Ippocratis Vrohidis, Chief Accounting Officer, Vice President Corporate Controller
Amy Hood, Director
Nicholas Gangestad, CFO and Sr. VP
Inge Thulin, Chairman, CEO and Pres
Sondra Barbour, Independent Director
Patricia Woertz, Independent Director
Muhtar Kent, Independent Director
Kristen Ludgate, Senior Vice President - Corporate Communications and Enterprise Services
Pamela Craig, Independent Director
Joaquin Delgado, Executive Vice President - Health Care
Teri Reinseth, Chief Accounting Officer, Vice President Corporate Controller
Ivan Fong, Sr. VP of Legal Affairs and General Counsel
Gregory Page, Director
Eric Hammes, Senior Vice President Business Transformation and Information Technology
Kevin Rhodes, Ex Officer
Edward Liddy, Independent Director
Jesse Singh, Senior Vice President - Marketing and Sales
Michael Vale, Executive VP of Consumer Bus. Group
Mojdeh Poul, Executive Vice President - Safety and Graphics Business Group
Linda Alvarado, Independent Director
Kimberly Price, Senior Vice President - Corporate Communications and Enterprise Services
Julie Bushman, Sr. VP of Bus. Transformation and Information Technology
Bruce CFA, VP Relations
Michael Duran, VP Officer
Michael Kelly, Executive Vice President - Electronics and Energy
Theresa Reinseth, Chief Accounting Officer, Vice President Corporate Controller
Michael Eskew, Lead Independent Director
Herbert Henkel, Independent Director
Frank Little, Executive Vice President - Safety and Graphics Business Group

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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running 3M's price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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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.