No. 20: 3M Co. (healthcare segment)
Maplewood, Minn.
2018 revenues: $6,021,000,000
Fiscal year ending: December 31, 2018
Last year’s rank: 20
Key Personnel:
Michael Roman, chairman & CEO; John Banovetz, SVP, R&D, CTO; Julie Bushman, EVP, international operations; Ivan Fong, SVP, GC & secretary; Nicholas Gangestad, SVP & CFO; Eric Hammes, SVP, manufacturing & supply chain; Paul Keel, EVP, consumer; Ashish Khandpur, EVP, transportation & electronics; Kristen Ludgate, SVP, HR; Mojdeh Poul, EVP, healthcare; Denise Rutherford, SVP, corporate affairs; Stephen Shafer, SVP, business development & marketing-sales; Ty Silberhorn, SVP, business transformation & IT; Michael Vale, EVP, safety & industrial
Description:
3M (NYSE:MMM) is often associated with its popular consumer products such as Post-it Notes and Scotch tape, but it also happens to be one of the largest medical device companies in the world. 3M’s healthcare segment sells products and services including medical and surgical supplies, skin health and infection prevention products, dental and orthodontic products, health IT, and inhalation and transdermal drug delivery systems. 3M is also a major supplier to the medical device industry in general, helping medical device creators come up with solutions related to materials and adhesives. – CN