3M Company, a multinational conglomerate corporation, has announced the appointment of Anurag Maheshwari as its new Executive Vice President and Chief Financial Officer, effective September 1, 2024. Maheshwari, who has extensive experience in finance and investor relations, will be joining 3M from Otis Worldwide Corporation, where he currently serves as Executive Vice President and Chief Financial Officer. His previous roles include Vice President, Finance, Information Technology and Chief Transformation Officer for Otis in the Asia Pacific region, and Vice President, Investor Relations at Harris Corporation and L3Harris. Maheshwari's appointment follows the departure of Monish Patolawala, with Theresa Reinseth serving as Interim CFO until Maheshwari assumes the role. The announcement also detailed Maheshwari's compensation package, which includes a base salary, annual incentive compensation, a hiring bonus, and eligibility for long-term incentive awards. Additionally, Maheshwari will receive relocation benefits and will be required to relocate to the Minneapolis-Saint Paul metropolitan area. The terms of his employment also include a severance plan and a requirement to sign a Protective Covenant Agreement.

3M Company, a multinational conglomerate corporation, has announced the appointment of Anurag Maheshwari as its new Executive Vice President and Chief Financial Officer, effective September 1, 2024. Maheshwari, who has extensive experience in finance and investor relations, will be joining 3M from Otis Worldwide Corporation, where he currently serves as Executive Vice President and Chief Financial Officer. His previous roles include Vice President, Finance, Information Technology and Chief Transformation Officer for Otis in the Asia Pacific region, and Vice President, Investor Relations at Harris Corporation and L3Harris. Maheshwari's appointment follows the departure of Monish Patolawala, with Theresa Reinseth serving as Interim CFO until Maheshwari assumes the role. The announcement also detailed Maheshwari's compensation package, which includes a base salary, annual incentive compensation, a hiring bonus, and eligibility for long-term incentive awards. Additionally, Maheshwari will receive relocation benefits and will be required to relocate to the Minneapolis-Saint Paul metropolitan area. The terms of his employment also include a severance plan and a requirement to sign a Protective Covenant Agreement.