3M recently announced two leadership changes, with one of the changes related to the company’s planned spin-off of its Health Care Business.
Effective December 1, Jeff Lavers, group president, Health Care Business Group, will leave the company. The Health Care Business will continue to be led by the CEO of Health Care, Bryan Hanson, as 3M works toward a successful spin-off.
Ashish Khandpur, group president, Transportation and Electronics Business Group, has announced his intention to leave 3M to join another company as president and chief executive officer. Khandpur's department will also be effective December 1.
"I want to thank Jeff and Ashish for their leadership throughout their careers at 3M, and I wish them all the best in their next chapters," said 3M Chairman and CEO Mike Roman. "Supported by our strong leadership team, 3M remains well positioned to deliver on our strategic priorities for our employees, customers, and all those who depend on 3M innovation."
3M announced that the company has initiated a comprehensive internal and external search with an outside agency for Khandpur's successor. In the interim, division presidents within Transportation and Electronics will report directly to 3M Chairman and CEO Mike Roman.
Learn more about 3M at www.3m.com.