3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday.
Vale was promoted to group president and chief business and country officer just last month. Vale worked at 3M for more than 30 years, according to an April 25 press release announcing his promotion, which said he would report to Chairman and CEO Mike Roman.
The St. Paul, Minnesota-based company said that Vale was terminated on Friday. 3M did not specify many details surrounding the executive's termination but noted that his inappropriate conduct and violation of policy was “unrelated to the company’s operations and financial performance.”
According to 3M's Monday announcement, the company took “immediate action” after verifying the violation.
3M has initated a search to find a replacement for Vale, the company said.
When contacted by The Associated Press on Monday, 3M declined to comment further.
Vale's termination arrives just weeks after 3M announced that the company would be cutting thousands of jobs as part of restructuring actions.
When announcing first-quarter results in April, 3M said that these actions were expected to impact about 6,000 positions worldwide, in addition to the reduction of 2,500 manufacturing roles announced in January.
For the first quarter, 3M reported earnings of $1.76 per share. Sales totaled $8 billion for the period.
Thanksgiving travel is set to smash records as millions fly, drive, and ride despite FAA disruptions and economic uncertainty. Here’s what you need to know.
AI, BNPL and new digital tools are reshaping holiday shopping. PayPal’s Michelle Gill shares survey insights, tech trends, and tips for smarter spending in 2025
'The Chair Company' blends sharp satire with workplace conspiracy. Lake Bell joins us to talk its corporate themes, quirky characters, and why viewers love it!
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
Nvidia smashes earnings with record-breaking revenue and soaring Blackwell demand as shares slip this morning, Barron’s senior writer Adam Levine unpacks it all
Jeff Wagoner, CEO of Outrigger Hospitality Group, discusses the company’s coral preservation initiatives and sustainable practices at their hotels and resorts.
