---
schema_version: "secwatch.filing_event.v1"
accession: "0000066740-24-000029"
form_type: "8-K"
ticker: "MMM"
cik: "0000066740"
company_name: "3M CO"
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T23:31:26.040277+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 3M appoints William Brown as CEO effective May 1, 2024; Roman becomes Executive Chairman

## Summary
- William M. Brown, former CEO of L3Harris Technologies, appointed 3M CEO effective May 1, 2024.
- Michael Roman transitions to Executive Chairman; will continue to chair the Board.
- Board waived mandatory retirement age of 65 for both Brown and Roman.
- Brown receives base salary of $1.8M, target annual incentive of $3.15M, and hiring bonus of $3M.
- Brown to receive inducement equity awards: $2.5M RSU, $2.5M performance shares, and pro-rata 2024 awards totaling ~$8.67M.

## SEC filing metadata
- accession: 0000066740-24-000029
- form_type: 8-K
- ticker: MMM
- cik: 0000066740
- company_name: 3M CO
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66740/000006674024000029/0000066740-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66740/000006674024000029/mmm-20240308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000066740-24-000029
- JSON: https://secwatch.observer/filing/0000066740-24-000029.json
- Plain text: https://secwatch.observer/filing/0000066740-24-000029.txt

## Key facts
- Executive change
  Michael F. Roman was appointed as executive chairman at 3M CO.
  - Action: appointed
  - Role: executive chairman
  source text: appointed Michael F. Roman as executive chairman of the Board of Directors, also effective May 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000006674024000029/0000066740-24-000029-index.htm
- Executive change
  William M. Brown was appointed as chief executive officer at 3M CO.
  - Action: appointed
  - Role: chief executive officer
  source text: appointed William M. Brown chief executive officer, effective May 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/66740/000006674024000029/0000066740-24-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.