3M fires company executive for inappropriate conduct weeks after promotion
3M has fired prominent executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the company announced on Monday
WASHINGTON (AP) — MMM" target="_blank">3M (MMM) 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.