htm EX-99. Free continuing education for health care professionals. 1 Mar 12, 2024 · ST. Solventum is listed on the New York Stock Exchange as SOLV. In conjunction with the planned spin-off of the Health Care Business, we are announcing the Aug 22, 2023 · Hanson would join 3M on Sept. As announced in 2022, 3M intends to spin off its 3M Health Care business (the “Health Care Business”), resulting in two world-class independent companies: 3M will remain a leading global material science innovator, serving global customers across a range of diverse 3M's Executive Chairman is Michael F. Come visit us at Booth #712 at the MUSE Inspire Conference, May 28-31 Apr 27, 2023 · Two 3M Veraflo Therapy dressings receive first-ever FDA clearance for hydromechanical removal of non-viable tissue. 4 billion in sales in 2022, is a diversified health care technology leader with a deep and diverse portfolio of trusted brands, global capabilities, and leadership in attractive end market segments such as wound care, oral care, health care IT, and biopharma filtration. /PRNewswire/ -- 3M (NYSE: MMM) today announced Solventum will be the name of the planned, independent health care Mike Roman is the chairman of the board and chief executive officer of 3M, a $32 billion… · Experience: 3M · Location: St Paul · 500+ connections on LinkedIn. Though the healthcare May 25, 2022 · May 25, 2022 By Danielle Kirsh. 6 billion on sales of nearly $8. The Health Care business will continue to be led by the CEO of Health Jul 27, 2022 · New leadership will also bring in relevant expertise to track changes and drive value creation. The press release explains that its healthcare division, “with Aug 22, 2023 · Hanson is set to join 3M at the start of next month, the company announced Tuesday. " During today's event, Solventum chief Mar 12, 2024 · ST. Roman. Learn about V. Other executives include John Banovetz, Executive Vice President & Chief Technology Officer and Environmental Responsibility; Monish Patolawala, President & Chief Financial Officer and 23 others. May 24, 2022 · She has held a variety of leadership positions within 3M 3M's healthcare business's portfolio include skin care, wound care, and oral care products. 3M™ V. McMillan joins 3M from Insulet, an innovative medical device company improving the lives of people with diabetes and other conditions. ”. In September, 3M installed former Zimmer Biomet CEO Bryan Hanson as the head of its health unit, which is set to become an independent business in the first half of next year. The 3M Health Care Service Group helps customers prevent and resolve problems by reliably delivering support and service solutions - so our customers can focus on what's most important. Nov 16, 2023 · 651-233-0043. If you need special assistance or an accommodation for a disability in order to apply for a posted position, call our Human Resources department at (651) 318-0326 or use the Contact Us form. A. About 3M HIS 3M HIS is committed to eliminating revenue cycle waste, creating more time to care and driving value-based care. ® Therapy. In a statement, 3M announced that the new independent healthcare company will be named Solventum, which the company said derives from the words "solving" and "momentum. 6% from the same time last year. Paul, MN. She later became VP and general manager of the company’s food Sep 22, 2019 · Third, health leadership has the responsibility to generate productive change and reform, so as to improve services to patients, families, and citizens. "Bill's strong track record as a CEO for Apr 25, 2023 · PAUL, Minn. Apr 12, 2023 · 3M’s health care sales last year slipped 2% to $8. Securities and Exchange Commission (SEC) for the planned spin-off of its Health Care business as the newly independent health care company Solventum. announced today that Jeff Lavers, group president of its Health Care Business Group, intends to depart the company. 6 1 billion in sales in 2021, will be a diversified healthcare technology leader with a deep and diverse portfolio of trusted brands, global capabilities, and leadership in attractive end market segments such as wound care, oral care Download 3M Health Care Academy App. [Image courtesy of 3M] 3M Health Care Business Group President Mojdeh Poul will retire from the company on July 1, 2022. He comes to 3M from Zimmer Biomet, a global MedTech innovator with annual revenue of more than $7 billion. 42 billion, but rose 3. Given the continued evolution of our Health Care business – through organic investments, strategic M&A, and key divestitures – and growing market segment leadership, we believe the next step in its journey is to operate as a well-capitalized standalone company, independent from 3M. Ingenious medical supplies and clinical expertise you can rely on to improve patient outcomes across the continuum of care-in the The decision to spin off the healthcare division underscores 3M’s commitment to refining its portfolio and maximizing shareholder value. 4 billion in sales in 2022, is a diversified health care technology leader with a deep and diverse portfolio of trusted brands, global capabilities, and Aug 22, 2023 · 3M's Health Care Business Group, with $8. 3M Health Care Academy provides knowledge and training from industry Nov 16, 2023 · The healthcare unit, which focuses on wound care, oral care and healthcare technology, reported about $8. ® Therapy has been shown to be a successful way to manage wounds and support healing. 28–31 For example, a 2016 Manitoba government report analyzed the changes needed to create a patient 3M Company. SOURCE 3M Company. Feb 21, 2024 · Solventum anticipated to spin off from 3M on April 1, 2024. Nov 9, 2023 · 3M (NYSE: MMM) +. Aug 23, 2023 · Expected to take the reins when the independent health care company is spun off from 3M, Hanson will officially join the organization on September 1. 3M announced Tuesday that it will spin off its health-care business into a separate publicly traded company. Wayde McMillan will join 3M’s Health Care Business Group to serve as chief financial officer effective Nov. Paul, MN 55164-0854. Innovative therapy shown to help promote healing and reduce the need for surgical debridements creating potential savings for health care systems. Feb 21, 2024 · The 3M spinoff health care business will debut April 1. , April 1, 2024 / PRNewswire / -- Today, 3M completed the planned spin-off of its health care business, which formally launches Solventum Corporation as an independent company. ST. At Zimmer Biomet, COO Ivan Tornos was immediately promoted to Nov 9, 2023 · ST. 3M's health care business, which is on track to become a separate company by the end of the year, will remain a Minnesota-based company — at least for a while. 75 this year; the Wall Street analyst consensus was $9. Solventum’s letter "S" logo is stylized to Oct 5, 2023 · Oct 5, 2023. , Feb. Contact us. Case study: CDI transformation program. 3M Announces Plans to Create Long Term Value Through Spin-Off of Health Care Business. , March 8, 2024 / PRNewswire / -- 3M (NYSE: MMM) today announced that its Board of Directors has approved the planned spin-off of its Health Care business, which will be known as Solventum Corporation. Mike Roman is executive chairman of 3M’s Board of Directors. Mike became chairman of the board in May 2019. Hanson takes over 3M Nov 10, 2023 · 3M Updates Leadership Team November 10, 2023. Box 64854. 3M is expecting total sales growth of 1% to 4%, which includes organic sales growth of 2% to 5%, earnings per share (EPS) of $10. 61 billion in sales in 2021. m. 1. 3M has named Chris Barry executive vice president and group president of the Medical Solutions Division (MSD) of its Health Care Business Group. Get Contact Info for All Departments. Register for upcoming webinars, and access archives from recently conducted events. 4 billion in sales in 2022. 3M’s Health Care Business Group recorded more than $8 billion Solventum Medical. The name change will be implemented when the Kettering Health Network partnered with 3M to implement CDI worklist prioritization using the 3M™ 360 Encompass™ System, resulting in an expected $2. Mar 11, 2024 · March 11, 2024 By Sean Whooley. 2 3 a2022q2-8kgalaxyexx992. Poul joined Maplewood, Minnesota-based 3M (NYSE:MMM) in 2011 as the global business VP of critical and chronic care solutions. com. 3M Company (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. 3M. Learning when, where and how you want it. FLS. 3M had said in August that Bryan Hanson would be the chief Nov 9, 2023 · Nov. More May 3, 2024 · 3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin. By Andrea Park Nov 17, 2023 10:21am. Tel: 1-651-450-4064 (outside the United States) An automated voice response system is available 24 hours a day, 7 days a week. 9, 2023, 06:53 AM. The 3M Health Care management team includes David Leek (Machine Learning Systems Architect), Matthew Cooper (Chief Medical Officer, Medical Solutions and Director Global Safety, 3M Health Care), and Leslie Murphy (Territory Manager) . S. Minnesota's newest public company will make its debut April 1, nearly two years after 3M first announced it would spin off its health care Sep 2, 2022 · Even if leadership style improvement depends on the characteristics and mission of a workplace [6,13,14], a leader should have both a high education in healthcare leadership and the behavioral qualities necessary for establishing strong human relationships and achieving a healthcare system’s goals [7,15]. 3M Health Information Systems offers health information management software to improve revenue cycle, create time for physician care and drive value-based care. 25–2. Transfer agent contact information: EQ Shareowner Services. , March 19, 2024 / PRNewswire / -- Solventum will host its inaugural Investor Day today in New York City ahead of its planned spinoff from 3M (NYSE: MMM). Hanson as chief executive officer (CEO) to lead the healthcare business when it is spun off. Mar 19, 2024 · NORTHAMPTON, MA / ACCESSWIRE / March 19, 2024 / 3M Originally published on 3M News Center On March 12, 3M announced that William M. 1910 – 3M Moves to St. 3M's Health Care Business will continue to focus on markets such as: wound care, health care IT, oral care, filtration and purification, which resulted in $8. announced last week that its board of directors approved the planned spinoff of Solventum, its Health Care business. McMillan brings 1910s. , March 8, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced that its Board of Directors has approved the planned spin-off of its Health Care business, which will be known as Jan 23, 2024 · The ongoing restructuring and planned spinoff of healthcare—which last year generated operating profits of $1. 6 percent increase in CMI. Barry will join 3M in March, leading its Medical Solutions Division, which includes its wound care products. 3M expects adjusted total sales growth in the range of 0. 1w. 1914 – First 3M Exclusive: Three-M-ite. Explore how 3M delivers the innovative negative pressure wound therapy technology and evidence-based outcomes you need with the safety and confidence your patients can trust. Hanson comes to 3M from Zimmer Biomet ZBH. . 67, down 5% YoY ST. The health care spin-off so Mar 12, 2024 · PAUL, Minn. As a standalone business, Health Jul 26, 2022 · ST. Hanson joins 3M from Indiana-based IT Department. 7 billion with organic growth up ~1% YoY GAAP earnings per share of $1. N, where he has served as president and CEO since 2017, and Sep 1, 2022 · Health Care: A Leading Global Diversified Health Care Technology Company Health Care, with approximately $8. [5] The company produces over 60,000 products under several brands, [6] including adhesives, abrasives, laminates, passive fire Nov 9, 2023 · 3M ( NYSE: MMM) Thursday reported the departure of Jeff Lavers, group president, Health Care Business Group, effective Dec. 21, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced the filing of a Form 10 registration statement with the U. Aug 22, 2023 · Maplewood-based 3M on Tuesday named the executive leadership for the planned spinoff of its health care division. 0 billion, down 0. Company delivers strong first quarter results: Sales of $8. 3 billion, down 3. - 7:30 p. 153,334 followers. CT. 3M (NYSE: MMM) +. The technical support line is available weekdays 6:30 a. “We are pleased to have Bryan join us to successfully complete the spin off of our Health Care business and build a leading Mar 8, 2024 · Our Board and management team actively evaluate strategic options to drive long-term sustainable growth. In conjunction with the planned spin-off of the Health Care Business, we are announcing the departure of Jeff Lavers, group president, Health Care Business Group, effective Dec. Hanson has served as President and CEO since 2017 and Chairman since 2021. 2. He succeeds Michael Roman, who Nov 9, 2023 · ST. 5 billion, of On April 1, Solventum completed its spin-off from 3M and the newly independent healthcare company began trading on the New York Stock Exchange (NYSE) under the ticker symbol “SOLV. Holding the positions of President and Chief Executive Officer since 2017 and Chairman since 2021 at Zimmer Biomet, Hanson brings a proven track record of leadership, growth, and transformation in the global medical device sector, driving As the vice president of sustainability for 3M Health Care, Anila identifies, initiates and executes 3M Health Care sustainability strategy across divisions. The HR department and the Customer Support department are more confident in their Executive Team, while Native American employees and the Sales department think 3M Health Care has played a key role in the fight against COVID-19. The resilience of our planet, our people, and our economy depends on it. Aug 22, 2023 · The health care unit, which focuses on wound care, oral care and healthcare technology, accounted for about 25% of 3M's $34. The 3M™ Three-M-ite™ Abrasive Cloth became 3M’s first exclusive product. Diversity & Inclusion. The Company is anticipated to spin off from 3M on April 1, 2024, and has been approved for listing on the New York Stock Exchange as "SOLV. crotman@mmm. 9, 2023 /PRNewswire/ -- 3M (NYSE: MMM) today announced two leadership changes. Barry will join 3M on March 1 to drive profitable growth for MSD, the world leader in advanced wound care, through active portfolio management, product and business model innovation, and Nov 20, 2023 · After a 70-year run, multinational science conglomerate 3M’s healthcare wing is spinning off into an independent company. With Solventum Corp, 3M aims to unleash the full Mar 8, 2024 · ST. At 3M Health Care we believe nothing is more important than good health. Media contact: Carly Rotman. Aug 22, 2023 · 3M’s Health Care Business Group, with approximately $8. "Bill" Brown is appointed chief executive officer, effective May Mar 19, 2024 · PAUL, Minn. , July 26, 2022 /PRNewswire/ -- 3M (NYSE: MMM) today announced its intent to spin off its Health Care business, resulting in two world-class public companies well positioned to Nov 16, 2023 · 3M’s major healthcare spin-off will keep a sizable presence in Minnesota under the new name Solventum, which represents the combination of the words “solving” and “momentum. Exhibit 99. Silverman joined the company in 2020 and took over as CMO in 2021. The new business will focus on wound and oral care, health-care IT and Jan 17, 2024 · For the last five years, Barry was CEO of spine specialist Nuvasive, which was acquired in September by orthopedics company Globus Medical. Bryan Hanson was named CEO of 3M’s Health Care Business Group, effective Sept. , March 12, 2024 /PRNewswire/ -- 3M (NYSE: MMM) today announced that William M. Covid 19. He served as chief executive officer of 3M, a science and manufacturing company that improves lives around the world, from 2018 to 2024. • New 3M will remain a leading global material science innovator serving diverse end markets, with science and technology, manufacturing, global capabilities, and iconic brands Nov 22, 2023 · Silverman has taken up the equivalent position at BD. Search and apply for current openings or join our 3M talent community. (RTTNews) - 3M (MMM) announced two leadership changes. . 2 billion—also means 3M’s story remains noisy. com or on Twitter @3M or @3MNews. The health care unit made up 25% of the Your gateway to the latest 3M HIS resources, thought leadership, success stories and insights on health care industry related topics. Toll Free: 1-888-666-0140. The healthcare plan is on track to be completed by mid-year, Roman and Patolawala said, and accounting for various financial considerations as part of Mar 11, 2024 · 3M Compan y’s MMM board has approved the planned spin-off of its health care business into a separate public company. Kelli Christman is marketing communications manager at 3M Health Information Systems. 65, and robust cash Apr 1, 2019 · With $33 billion in sales, our 93,000 employees connect with customers all around the world. Prior to his time with Nuvasive, Barry also held leadership roles at Medtronic and Covidien. 3M spinoff medical device branding. Collaboration with peers and governments – coupled with our unique capabilities in science, data analytics and manufacturing – have enabled us to make critical contributions to support healthcare workers and patients. Overall, 3M’s leadership said previously announced restructuring initiatives Aug 22, 2023 · Zimmer Biomet CEO Bryan Hanson is leaving the orthopedic device maker to lead 3M’s health business, the companies announced Tuesday. Aug 22, 2023 · Bryan Hanson has left the corner office of ortho tech giant Zimmer Biomet to become CEO of the soon-to-be-independent healthcare business at 3M, the companies announced today. Solventum, formerly 3M Health Care, can help you enable speech with MEDITECH EHRs. Senior Leadership. For 25 years, 3M™ V. The name reflects the identity of the team as problem solvers committed to creating innovative solutions that touch millions of lives, transform the patient experience, and Mar 8, 2024 · ST. 3M Investor Contacts:Bruce Jermeland, 651-733-1807Tony Riter, 651-733-1141or3M Media Contact:Lori Anderson, 651-733-0831. " Aug 22, 2023 · 3M announced three leadership changes Tuesday as it prepares to spin off its health care division into an independent company. Learn more about 3M’s creative solutions to the world’s problems at www. He served as Executive Vice President, CFO and Treasurer since 2019. 4 billion in sales since 2022 through a “deep and diverse portfolio of trusted brands, global capabilities, and leadership in attractive end Jun 10, 2024 · New Innovation Center highlights solutions for specific customer needs and enables more convenient collaboration with key decision makers. today announced a name for its healthcare business spinoff, which the manufacturing giant expects to complete during the first half of 2024 More than ever, we need science to create a more positive future where everyone can thrive. 3M healthcare was able to generate approximately $8. 2% when excluding effects of acquisitions, divestitures and foreign exchange. 3M employees rate their Executive Team in the Bottom 30% of similar size companies on Comparably with 10,000+ Employees. , Nov. O. The 4 3M reviews. Board approval further 1-800-435-7776. By pioneering game-changing innovations at the intersection of health, material and data science, Solventum is advancing solutions that change patients Jul 26, 2022 · Earlier today, 3M announced that it will formally separate its healthcare division into a separate, spin-off business. Document. Karim has held leadership roles of increasing responsibility, including his current role as President of Dental Solutions, Senior Vice President of 3M Health Care EMEA, Global Strategy and Business Development Director, as well as global operational and financial leadership roles across Europe, United States and Latin America. 4 billion in sales in 2022, is a diversified healthcare technology leader with a deep and diverse portfolio of trusted brands, global capabilities, and leadership in attractive end market segments such as wound care, oral care, healthcare IT, and biopharma filtration. 3% YoY; adjusted sales of $7. The Health Care Business will continue to be led by the CEO of Nov 9, 2023 · ST. Dec 13, 2023 · We look forward to all the excitement 2024 will bring! Garri Garrison is division president for 3M Health Information Systems. Learning for you - that is easy to access, share and revisit whenever and wherever you need it so you can focus on what matters to you most. 1 Jan 23, 2024 · Including its healthcare business, 3M expects adjusted EPS of $9. Net sales weighed in at $8. As a standalone business, Health The 3M Executive Team is rated a "C-" and led by CEO Mike Roman. 1 billion in sales, with 2. View Mike Roman’s profile on Aug 23, 2023 · Hanson will officially assume the role of CEO of the Health Care Business Group within 3M on September 1. 3M Health Care employs 171 employees. P. 14, 2022 /PRNewswire/ -- At its Virtual Strategic Update and 2022 Outlook Meeting, 3M today is announcing its 2022 guidance and highlighting its plan for sustainable long-term growth and shareholder value creation. 35–9. The company Apr 12, 2023 · Share. Aug 22, 2023 · 3M says its Health Care Business Group has grossed $8. Learn about career, job, internship & student opportunities in the United States. PAUL, Minn. , April 25, 2023 /PRNewswire/ -- In connection with the actions announced today to streamline the Company and drive greater profitability and growth, 3M (NYSE: MMM) has announced the Nov 27, 2023 · Bryan Hanson, CEO of 3M Health Care Business Group, emphasized that Solventum will embody the mission of enabling better, smarter, and safer health care to improve lives. It accounts for 24%, or $8. As a separate entity, 3M believes that Health Care Business Group will be better positioned to deliver industry-leading innovation that enables better, smarter, and safer healthcare for patients May 9, 2024 · investors@solventum. 3M Company MMM has chosen Bryan C. Hanson will become CEO of 3M’s Health Care Business Group starting Sept. Nov 17, 2023 · Mystery solved: 3M unveils Solventum as name of planned healthcare spinoff. C. EX-99. Major investor Lucius Ordway established the first plant in St. 4,9,10,27 Leadership is essential for organizational change and for health system change. He’ll initially serve as chief executive of 3M’s healthcare group, and the CEO title will carry over once 6 days ago · Hanson will join 3M on Sept. Oct 24, 2023 · Meanwhile, 3M Health Care saw $2. Tag (s): Oct 26, 2023 · The updates on the spinout came as 3M reported falling revenues across the entire company. 4% organic growth, during the third quarter of 2023. In conjunction with the planned spin-off of the Health Care Business, the company announced the departure of Jeff Through the 3M℠ Health Care Academy, you can register for free webinars covering topics relevant to your clinical practice. A free inside look at company reviews and salaries posted anonymously by employees. See the full leadership team at Craft. 23 billion in sales last year. Topic (s): Clinical transformation, Revenue cycle, Value-based health care. 3M recently announced two changes to the company’s current leadership team. She aligns with the United Nations Sustainable Development Groups (SDGs) and turns to her 20 plus years of leadership experience across North and South America and Asia to drive Nov 16, 2023 · November 16, 2023 By Chris Newmarker. It’s this belief that inspires us to develop reliable, quality products and solutions Aug 22, 2023 · 3M's Health Care Business Group, with $8. In conjunction with the previously announced spin-off of the company’s health care business, Jeff Lavers, group president of 3M’s current Health Care Business Group, will depart the company, effective December 1. 81. Aug 22, 2023 · 3M's Health Care Business Group, with $8. Dubai, United Arab Emirates; November 9, 2022: 3M (NYSE: MMM) today opened its new regional headquarters in Dubai Internet City, part of the TECOM Group PJSC, and the largest technology hub in the MENA region, demonstrating its continued commitment to the Jul 26, 2022 · Key Points. Jan 15, 2024 · Jan 15, 2024. The company is anticipated to spin off from 3M on April 1, 2024, and has applied to list on the New York Stock Exchange as "SOLV. St. "Bill's strong track record as a CEO for You may receive several notifications as we advance through this process. 6 million annual benefit for neurosurgery DRGs alone, along with an 11. Share. At the time, Silverman was CMO at 3M Health Care. 15 to $10. The spun-off entity will become a standalone company and be renamed as Nov 16, 2023 · Until the spin-off, the Health Care Business continues to be part of 3M and governed by the policies and procedures of 3M. He succeeds Michael Roman, who is appointed to the role of Executive Chairman of the 3M Board of Directors, also effective May 1, 2024. "Bill" Brown is appointed chief executive officer, effective May 1, 2024. 1 as CEO of Health Care Business Group, the company said. In July 2022, MMM announced plans to spin off its Health Jun 13, 2024 · 3M First-Quarter Results Driven by Strong Operational Performance; Company Initiates Full-Year 2024 Guidance Reflecting Completion of Solventum Spin Apr 4, 2024 • 4:43 PM EDT 3M Announces Upcoming Investor Event Apr 1, 2024 · ST. The departure of Lavers — which goes into effect on Dec. , April 27, 2023 /PRNewswire/ -- Apr 18, 2023. Aug 23, 2023 · GHM. Paul, MN, leading to faster expansion of the company due to its more central location. 1, as 3M looks to spin off the segment by the end of 2023 or early 2024. As the expectations of our customers, employees, investors, and stakeholders continue to grow, we set meaningful and measurable goals that demonstrate our ESG commitments and progress. wa ez uv nj wg qp lk ef rz ox