At its Annual Meeting of Shareholders, 3M (NYSE:MMM) highlighted its strong portfolio of leading businesses, leading innovation in material science, and significant actions taken to drive performance for shareholders and customers in a dynamic environment.
"3M is driven by purpose, and powered by four industry-leading businesses, unique global capabilities, and a highly experienced and diverse team," said 3M chairman and chief executive officer Mike Roman. "We are relentlessly focused on serving our customers, investing in innovation, and taking important actions to drive performance in an uncertain macroeconomic environment. The changes we are making will improve our performance and ability to deliver for customers and shareholders."
Preliminary Shareholder Voting Results
3M shareholders today voted on four business items:
1) Shareholders elected 10 directors for one-year terms that expire at the company's 2024 Annual Meeting:
Thomas "Tony" K. Brown, retired group vice president, Global Purchasing, Ford Motor Company
Anne H. Chow, retired CEO, AT&T Business
David B. Dillon, retired chairman of the board and CEO of The Kroger Co.
Michael L. Eskew, retired chairman of the board and CEO, United Parcel Service Inc.
James R. Fitterling, chairman of the board and CEO, Dow Inc.
Amy E. Hood, executive vice president and chief financial officer, Microsoft Corporation
Suzan Kereere, head of Global Business Solutions, Fiserv, Inc.
Gregory R. Page, retired chairman of the board and CEO, Cargill, Incorporated
Pedro J. Pizarro, president and CEO and director, Edison International
Michael F. Roman, chairman of board and CEO, 3M Company
2) Shareholders ratified the appointment of PricewaterhouseCoopers LLP as 3M's independent registered public accounting firm for 2023.
3) Shareholders approved, on an advisory basis, executives' compensation as described in the proxy statement.
4) Shareholders approved, on an advisory basis, the frequency of every one year in conducting an advisory vote on executive compensation.
3M will disclose the final voting results on each item of business properly presented at the Annual Meeting on Form 8-K to be filed with the SEC.
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