The 3M board of directors has established a new committee to provide oversight of the company’s strategies related to research and development, commercialization, sustainability, environmental stewardship, and other related activities. According to 3M, the new Science, Technology & Sustainability Committee will help ensure the company is building on its innovation capabilities while maintaining its product stewardship standards.
“As a science-based company that relies on investments and capabilities in R&D, commercialization and sustainability for our success, this new committee aligns with 3M’s strategic priorities and enables the board greater focus and engagement on a critical element of our strategy,” said Mike Roman, chairman and CEO.
In addition to forming the Science, Technology & Sustainability Committee, the board has ended the Finance Committee. The responsibilities of the Finance Committee will be managed by the Audit Committee and the full board.
For more information, visit www.3M.com.