3M has announced the resignation of Monish Patolawala, president and chief financial officer (CFO).

3M has initiated a succession process for the role of CFO. Patolawala, who is leaving the company to pursue another opportunity, will stay on through July 31 to ensure an orderly transition.

“On behalf of all 3Mers, I thank Monish for his leadership and contributions to 3M over the past four years,” said William Brown, 3M CEO. “We wish him continued success in his future endeavors.”

“It has been a privilege to work as part of 3M’s leadership team, and I am proud of our accomplishments,” Patolawala said. “3M is well positioned for success and this is the right time for me to transition to a new opportunity.”

About 3M
With global sales of US$34.2 billion, 3M is a leading producer of thousands of products ranging from chemicals, filtration systems, and safety and protection equipment to office, graphics, and healthcare equipment. For more information, visit 3M.com.