3M appoints Anurag Maheshwari as CFO effective September 1, 2024

3M CO

Anurag Maheshwari named EVP & CFO, starting Sept 1; previously CFO of Otis Worldwide.
Teri Reinseth appointed Interim CFO effective Aug 1 until Maheshwari assumes role.
Base salary $1,050,000; target annual incentive $1,155,000; hiring bonus $3,150,000.
Equity awards: $4.5M make-whole RSU (3-yr vest), $666,667 pro rata RSU and PSA each.
Relocation to Minneapolis-St. Paul required; severance under executive plan provided.

item 5.02 item 7.01 item 9.01

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Appointed

Anurag Maheshwari

Executive Vice President and Chief Financial Officer

MMM · 3M CO

Effective: 2024-09-01
Filed: August 1, 2024, 7:59 PM ET

the Board of Directors of the Company has appointed Anurag Maheshwari as the Company’s Executive Vice President and Chief Financial Officer, effective September 1, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Anurag Maheshwari was appointed as Executive Vice President and Chief Financial Officer at 3M CO.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

the Board of Directors of the Company has appointed Anurag Maheshwari as the Company’s Executive Vice President and Chief Financial Officer, effective September 1, 2024.

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Source: SEC EDGAR

accession 0000066740-24-000088

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