Thomas Brown - 3M Independent Director

MMM Stock  USD 92.62  0.35  0.38%   

Director

Mr. Thomas K. Brown serves as Independent Director of 3M Co., effective August 12, 2013. Mr. Brown is the Retired Group Vice President, Global Purchasing, Ford Motor Company, a global automotive industry leader. Mr. Brown served in various leadership capacities in global purchasing since joining Ford in 1999. In 2008, he became Fords Group Vice President, Global Purchasing, with responsibility for approximately 90 billion of production and nonproduction procurement for Ford operations worldwide. He retired from Ford on August 1, 2013. From 1997 to 1999 he served in leadership positions at United Technologies Corporation, including its Vice President, Supply Management. From 1991 to 1997 he served as Executive Director, Purchasing and Transportation at QMS Inc. From 1976 to 1991 he served in various managerial roles at Digital Equipment Corporation since 2013.
Age 65
Tenure 11 years
Address 3M Center, Saint Paul, MN, United States, 55144-1000
Phone651 733 1110
Webhttps://www.3m.com
Brown’s Bachelor of Business Administration degree from American International College in Springfield, Massachusetts, his leadership roles, including his experience serving as a director of the public companies listed, and his knowledge of and extensive experiences in global purchasing, management, and supply chain at Ford Motor Company and other companies, qualify him to serve as a director of 3M.

Thomas Brown Latest Insider Activity

Tracking and analyzing the buying and selling activities of Thomas Brown against 3M stock is an integral part of due diligence when investing in 3M. Thomas Brown insider activity provides valuable insight into whether 3M is net buyers or sellers over its current business cycle. Note, 3M insiders must abide by specific rules, including filing SEC forms every time they buy or sell 3M'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

3M Management Efficiency

The company has Return on Asset of 0.0758 % which means that on every $100 spent on assets, it made $0.0758 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.7108) %, meaning that it generated no profit with money 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. As of the 23rd of April 2024, Return On Tangible Assets is likely to grow to -0.2. In addition to that, Return On Capital Employed is likely to grow to -0.25. At this time, 3M's Non Current Assets Total are very stable compared to the past year. As of the 23rd of April 2024, Other Assets is likely to grow to about 5.2 B, while Non Currrent Assets Other are likely to drop about 1.3 B.
The 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. 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 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.
Monish Patolawala, Executive Vice President, Chief Financial and Transformation Officer
Vance Coffman, Independent Director
Mark II, Executive Officer
Denise Rutherford, Senior Vice President - Corporate Affairs
John Banovetz, Executive Vice President, Chief Technology Officer and Environmental Responsibility
Ashish Khandpur, Executive Vice President - Transportation and Electronics Business Group
Ippocratis Vrohidis, Chief Accounting Officer, Vice President Corporate Controller
Suzan Kereere, Independent Director
Veena Lakkundi, Senior Vice President Strategy and Business Development
Muhtar Kent, Independent Director
James Fitterling, Independent Director
Ty Silberhorn, Senior Vice President - Business Transformation and Information Technology
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
Linda Alvarado, Independent Director
Kimberly Price, Senior Vice President - Corporate Communications and Enterprise Services
Julie Bushman, Sr. VP of Bus. Transformation and Information Technology
Michael Kelly, Executive Vice President - Electronics and Energy
Theresa Reinseth, Chief Accounting Officer, Vice President Corporate Controller
Frank Little, Executive Vice President - Safety and Graphics Business Group
Michael Roman, Chairman of the Board, President, Chief Executive Officer
Ian Hardgrove, Senior Vice President - Corporate Communications and Enterprise Services
James Bauman, Senior Vice President - Business Transformation, Americas
Luigi Faltoni, Managing Brazil
Thomas Brown, Independent Director
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
Marlene McGrath, Senior Vice President - Human Resources
Robert Ulrich, Independent Director
Jon Lindekugel, Senior Vice President - Manufacturing and Supply Chain
David Dillon, Independent Director
Dambisa Moyo, Independent Director
Hak Shin, Executive VP of International Operations
Amy Hood, Independent Director
Nicholas Gangestad, Chief Financial Officer, Senior Vice President
Inge Thulin, Chairman, CEO and Pres
Bryan Hanson, Chief Group
Sondra Barbour, Independent Director
Patricia Woertz, Independent Director
Kristen Ludgate, Senior Vice President - Corporate Communications and Enterprise Services
Pamela Craig, Independent Director
Peter Gibbons, Group President Enterprise Operations
Joaquin Delgado, Executive Vice President - Consumer Business Group
Teri Reinseth, Chief Accounting Officer, Vice President Corporate Controller
Zoe Dickson, Chief Human Resource Officer, Executive Vice President
Edward Liddy, Independent Director
Jesse Singh, Senior Vice President - Marketing and Sales
Mojdeh Poul, Executive Vice President - Safety and Graphics Business Group
Bruce CFA, Vice Relations
Michael Duran, Senior Officer
Michael Eskew, Lead Independent Director
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 tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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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Is 3M's industry 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
0.744
Dividend Share
6
Earnings Share
(12.63)
Revenue Per Share
59.002
Quarterly Revenue Growth
(0.01)
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.