3M held its Annual Meeting of Shareholders on May 10, 2022. 3M highlighted its strong 2021 performance, ongoing focus on customers in a dynamic environment, continued progress on sustainability goals, and commitment to deliver growth and value in 2022.

“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 innovating for our customers, while managing supply chain disruptions, inflation and geopolitical pressures. I am confident we will continue to grow above the macro environment, improve our operational performance and deliver a strong 2022.”

Preliminary Shareholder Voting Results

3M shareholders today voted on five business items:

1) Shareholders elected 11 directors for one-year terms that expire at the company’s 2023 Annual Meeting:

  • Thomas “Tony” K. Brown, retired group vice president, Global Purchasing, Ford Motor Company
  • Pamela J. Craig, retired chief financial officer, Accenture plc
  • 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
  • Muhtar Kent, retired chairman of the board and CEO, The Coca-Cola Company
  • Suzan Kereere, head of Global Business Solutions, Fiserv, Inc.
  • Dambisa F. Moyo, co-principal, Versaca Investments
  • Gregory R. Page, retired chairman of the board and CEO, Cargill, Incorporated
  • 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 2022.

3)    Shareholders approved, on an advisory basis, executives’ compensation as described in the proxy statement.

4)     Shareholders did not approve the shareholder proposal on environmental costs reporting.

5)    Shareholders did not approve the shareholder proposal on China audit.

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.

Source: 3M