3M fires Chief Business and Country Officer Michael Vale

3M Co. (NYSE: MMM) on Monday said it had fired Michael Vale, one of its top executives who had been promoted to a new C-level role just weeks ago. ...

May 19, 2023
6:02 AM

3M Co. (NYSE: MMM) on Monday said it had fired Michael Vale, one of its top executives who had been promoted to a new C-level role just weeks ago. In a statement, the Maplewood, Minnesota-based manufacturer said Vale "has been terminated for cause" effective May 12, stemming from what the company called inappropriate personal conduct and violation of policy. The matter was unrelated to 3M's finances or operations, the announcement said. Vale, 56, was a longtime executive at 3M and was recently named group president and chief business and country officer, which is a new C-level position that will report directly to CEO Mike Roman.

Mark Reilly