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3M Company (MMM) CEO Michael Roman on UBS Global Industrials and Transportation Conference Transcript

Jun. 03, 2020 12:00 PM ET3M Company (MMM)
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3M Company (NYSE:MMM) UBS Global Industrials and Transportation Conference June 3, 2020 8:20 AM ET

Company Participants

Michael F. Roman - Chairman and CEO

Nicholas C. Gangestad - SVP and CFO

Bruce Jermeland - VP, IR

Conference Call Participants

Markus Mittermaier - UBS

Markus Mittermaier

Good morning everyone. This is Markus Mittermaier, I am the UBS electrical equipment and multi-industry analyst and I would like to welcome you all to the second day of our Virtual Global Industrials and Transportation Conference. I hope you all had a productive and insightful first day of the conference and I am delighted to kick-off the second day here and welcome 3M back to our conference. We have Mike Roman our Chairman and CEO; Nick Gangestad, SVP and CFO; as well as Bruce Jermeland, Head of IR here with us today. Gentlemen, welcome and thank you very much for taking the time during what must be an incredibly busy and difficult time.

Before we kick off here just a reminder for the audience, just like yesterday you can submit your questions through the little chat box on your screen and I think we have also had some breaking news this morning, I am sure most of you have already seen it with the announcement of Nick’s retirement from 3M after 35 years and six years as CFO and the appointment of Monish Patolawala as Senior Vice President and CFO. Effective July 1 Monish will be joining from GE Healthcare where he is the CFO. Mike, Nick I know that we have some prepared remarks but first I will be the first one to thank Nick for his collaboration over the years and wish him the very best for his next steps and with that I will hand it over to Mike.

Michael F. Roman

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