3M Transportation, Electronics President Khandpur Resigns
November 09 2023 - 7:58AM
Dow Jones News
By Colin Kellaher
3M said Ashish Khandpur, president of the conglomerate's
transportation and electronics business group, is leaving on Dec. 1
to join another company as president and chief executive.
The St. Paul, Minn., company said Thursday that it has launched
an internal and external search for Khandpur's successor, adding
that division presidents within the group will report directly to
3M Chairman and CEO Mike Roman in the interim.
The transportation and electronics business accounted for around
$1.88 billion of 3M's third-quarter sales of $8.02 billion.
3M also said Jeff Lavers, president of its healthcare business,
is leaving on Dec. 1 in conjunction with the planned spinoff of the
group. 3M said group CEO Bryan Hanson will continue to lead the
business.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 09, 2023 07:43 ET (12:43 GMT)
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