3M has tapped Bill Brown as its next CEO, betting on an outsider to steer the company through a period of slowing sales and the fallout of multiple lawsuits.

Shares in 3M Company (MMM) moved sharply higher Tuesday after the company said it had appointed William M. "Bill" Brown as the new chief executive officer.

3M's (MMM) stock rises on a new CEO announcement. William Brown as previously the CEO at Harris Corp. then L3Harris after the merger.

Bill Brown will replace Michael Roman as CEO. 3M is preparing to spin off its healthcare unit.

3M is a deep-value stock in turnaround mode. Management may need to bite the bullet and cut the company's dividend.

3M's (MMM) board approves the separation of its health care unit into a separate public company. The spun-off entity is set to be renamed as Solventum Corporation.

RBC cut its price target on 3M stock to $84 last week. 3M is spinning off Solventum, and 10% of its annual income with it.

3M: A Dividend Cut Is Needed - And Could Be Imminent

3M recently settled its class action lawsuits involving the use of PFAS and combat earplugs. These settlements could improve public perception and lead to increased investment and investor confiden...

3M is a blue chip stock now trading at a deep discount to historic averages. Pending lawsuits have dragged the stock lower, with the total damage still difficult to quantify.

3M Company (MMM) Barclays 41st Annual Industrial Select Conference (Transcript)

3M (MMM) reported earnings 30 days ago. What's next for the stock?

3M's dividend growth rate has slowed to a crawl. The company's financial troubles and legal challenges have made it harder to continue increasing its payout.

SDY: Steady As She Goes For Now

3M (NYSE: MMM) reported its Q4'23 results last month, with revenues and earnings beating the street estimates. The company reported revenue of $8.0 billion and earnings of $2.42 on a per-share and ...