Inge Thulin - 3M Chairman, CEO and Pres

MMM Stock  MXN 1,589  14.99  0.95%   

Chairman

Mr. Inge G. Thulin is no longer Executive Chairman of the Board, President of the Company, effective May 14, 2019. He is no longer Chief Executive Officer effective from effective July 1, 2018. Mr. Thulin served as President and Chief Executive Officer of 3M Company from February 24, 2012 to May 8, 2012. Mr. Thulin served as the Companys Executive Vice President and Chief Operating Officer from May 2011 to February 2012, with responsibility for all of 3Ms business segments and International Operations. Prior to that, he was Executive Vice President of International Operations from 2004 to 2011. Mr. Thulin also has held numerous leadership positions in Asia Pacific, Europe and Middle East, and across multiple businesses. Mr. Thulin holds degrees in Marketing and Economics from Gothenburg University. since 2018.
Age 64
Tenure 6 years
Phone800-235-8396
Webhttps://www.3m.com

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.

Similar Executives

Found 11 records

CHAIRMAN Age

Robert SwitzMicron Technology
72
Jeffrey BrotmanCostco Wholesale
73
Ramakrishnan ChandrasekaranCognizant Technology Solutions
60
David DormanCVS Health
64
Rodney SacksMonster Beverage
69
Natarajan NarayananCognizant Technology Solutions
62
Lowell McAdamVerizon Communications
62
John KleinCognizant Technology Solutions
76
Gary KellySouthwest Airlines
68
Lakshmi NarayananCognizant Technology Solutions
62
Hilton SchlosbergMonster Beverage
70
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 3M in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 3M's short interest history, or implied volatility extrapolated from 3M options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for 3M Stock analysis

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.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
FinTech Suite
Use AI to screen and filter profitable investment opportunities
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.