3M CO 8-K

What Happened

• 3M Company (NYSE: MMM) filed an 8‑K reporting that on February 3, 2026 its Board elected Neil G. Mitchill, Jr. to the Board, with the appointment effective February 6, 2026. Mr. Mitchill is Executive Vice President and Chief Financial Officer of RTX Corporation.
• The Board determined Mr. Mitchill is an independent director under NYSE standards, is “financially literate” with accounting/financial management expertise, and qualifies as an “audit committee financial expert.” He was appointed to 3M’s Audit Committee and Nominating and Governance Committee.

Key Details

• Election date: February 3, 2026; effective February 6, 2026.
• New director’s current role: EVP & CFO, RTX Corporation.
• Governance roles: member of the Audit Committee and Nominating & Governance Committee; designated an audit committee financial expert.
• Compensation: Mr. Mitchill will receive the standard non‑employee director compensation described in 3M’s 2025 proxy.

Why It Matters

• Adding a sitting CFO with audit‑committee expertise strengthens 3M’s financial oversight and board governance in a role directly responsible for audit and nomination oversight. For investors, this is a governance update that signals increased financial expertise on the board—relevant for oversight of accounting, reporting and related risks. The filing is administrative and does not report changes to company financial results.