By Colin Kellaher

 

3M Co. said Nicholas Gangestad plans to retire as senior vice president and chief financial officer.

The St. Paul, Minn., manufacturing and technology giant said it has named Monish Patolawala, currently chief financial officer of General Electric Co.'s GE Healthcare unit, will succeed Mr. Gangestad, effective July 1.

3M said Mr. Gangestad, who joined the company in 1987 and has been chief financial officer since 2014, will stay on through July 31 to assist with the transition.

Mr. Patolawala, 51 years old, joined GE Healthcare as chief financial officer in May 2015.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

June 03, 2020 06:59 ET (10:59 GMT)

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