Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries 3M fires executive for 'inappropriate personal conduct' By: FOX Business May 15, 2023 at 09:59 AM EDT 3M said it terminated group president and chief business and country officer, Michael Vale, for inappropriate personal conduct and violating company policy. 3M announced Monday that it terminated executive Michael Vale for inappropriate personal conduct and violation of company policy.CREDIT CRUNCH TARGETING MANUFACTURING AS INTEREST RATES SOARVale, a 30-year veteran of the company, most recently served as group president and chief business and country officer since May. He was responsible for overseeing the company's safety and industrial, transportation and electronics, and consumer business units. He also oversaw country governance and emerging markets. Vale was terminated for cause on Friday.The Minnesota-based manufacturer said it took immediate action when learning of Vale’s violation of company policy. 3M did not specify what the violation was, but said it was unrelated to the company's operations and financial performance.A company spokesperson declined to comment further.US JOB GROWTH BEATS EXPECTATIONS IN APRIL AS ECONOMY ADDS 253,000 NEW POSITIONSSince Vale’s termination, the company has initiated a search for his successor. CREDIT CARD DEBT SET TO HIT $1T AS CHRONIC INFLATION CRUSHES AMERICANSThe units that Vale oversaw will now report to 3M CEO Mike Roman, the company said. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
3M fires executive for 'inappropriate personal conduct' By: FOX Business May 15, 2023 at 09:59 AM EDT 3M said it terminated group president and chief business and country officer, Michael Vale, for inappropriate personal conduct and violating company policy. 3M announced Monday that it terminated executive Michael Vale for inappropriate personal conduct and violation of company policy.CREDIT CRUNCH TARGETING MANUFACTURING AS INTEREST RATES SOARVale, a 30-year veteran of the company, most recently served as group president and chief business and country officer since May. He was responsible for overseeing the company's safety and industrial, transportation and electronics, and consumer business units. He also oversaw country governance and emerging markets. Vale was terminated for cause on Friday.The Minnesota-based manufacturer said it took immediate action when learning of Vale’s violation of company policy. 3M did not specify what the violation was, but said it was unrelated to the company's operations and financial performance.A company spokesperson declined to comment further.US JOB GROWTH BEATS EXPECTATIONS IN APRIL AS ECONOMY ADDS 253,000 NEW POSITIONSSince Vale’s termination, the company has initiated a search for his successor. CREDIT CARD DEBT SET TO HIT $1T AS CHRONIC INFLATION CRUSHES AMERICANSThe units that Vale oversaw will now report to 3M CEO Mike Roman, the company said.
