3M announces new CFO
3M chief finance officer Patrick Campbell retires; David Meline succeeds.
March 16, 2011 By Andrew Joseph
ST. PAUL, Minn. – 3M Company has announced that David W. Meline will take over as senior vice-president of finance, and chief financial officer, effective April 1, 2011 succeeding Patrick D. Campbell, who announced his retirement effective May 1, 2011.
“I thank Pat for his extraordinary contributions during his nine years at 3M as CFO (chief financial officer). Pat is a world-class CFO who was integral to transforming 3M into a faster-growing and more profitable enterprise. I will miss him a great deal,” states George W. Buckley, 3M chairman, president and chief executive officer.
Buckley continues: “David’s financial prowess, technical education and international experience make him a perfect fit for 3M. I have every confidence that he will help 3M achieve new levels of success.”
Meline joined 3M in 2008 as vice-president, corporate controller and chief accounting officer. Prior to that, he served General Motors as chief financial officer, North America as well as in positions in Europe, Brazil, Kenya and Korea. Meline was awarded an M.S. in Economics from the London School of Economics, an M.B.A. in Finance from the University of Chicago, and a B.S. in Mechanical Engineering from Iowa State University.
Formerly known as the Minnesota Mining and Manufacturing Company, 3M is a multinational corporation based in Maplewood, Minnesota. With about 80,000 employees, it produces over 55,000 products, including: adhesives, abrasives, laminates, passive fire protection, dental products, electronic materials and circuits, car care products, medical products and optical films. With US $27-billion in sales, 3M has about 80,000 employees and operations in more than 65 countries.
For more information, visit www.3M.com.