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3M Investor Raises Concerns About Company Leadership

  • Mr. Flossbach said Mr. Roman’s statement on the earnings call that the company is “taking a deeper look at everything we do” should also apply to who is leading the company.
  • “Regarding the ‘who’ we have not reached an ultimate conclusion,” Mr. Flossbach wrote.
  • “However, as we find it increasingly unacceptable to be constantly put off in anticipation of a distant better future, we expect you to provide us with specific answers regarding the ‘how’ and ‘who’ in a timely manner.”

 

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