
Mike Froman
CEO of 3M
Education
- Bachelor's degree Department of Electrical and Computer Engineering - University of Minnesota's
- Master's degree in electrical engineering - University of Southern California
Overview
Michael F. Roman is an American executive who currently serves as the chairman and Chief Executive Officer of 3M. Prior to being named CEO in 2018, he served as chief strategy officer and chief operating officer, among other positions since joining the company in 1988. Roman also serves on the board of trustees of the University of Minnesota Foundation.
Career and board service :
Early in his career, Roman worked for the Hughes Aircraft Company. He has been employed by 3M for more than 30 years, joining as a senior design engineer in 1988. Since then, Roman has held a variety of positions, working for the company in the United States, Europe, and Asia. He oversaw operations in Europe, the Middle East, and Africa while living in Brussels. He also led 3M Korea and served as chief strategy officer (CSO) for approximately ten years. Roman led the industrial business group, 3M's largest division at the time, during 2014–2017. He became chief operating officer (COO) and executive vice president on July 1, 2017; during his tenure, he managed international operations as well as 3M's five business divisions. Roman began serving as chief executive officer (CEO) in July 2018, and became chairman of the board of directors in mid-2019. He earned $12.9 million and $18.3 million in 2018 and 2019, respectively.
Roman ranked number 45 in Glassdoor's 2019 list of the top 100 "most popular" CEOs of large companies, earning a 95 percent rating. In 2020, he and U.S. President Donald Trump publicly disagreed over 3M's handling of face mask distribution during the COVID-19 pandemic. Roman received an Eisenhower Award from Business Executives for National Security in 2020.
In addition to serving a chairman of 3M's board of directors, Roman currently serves as treasurer on the University of Minnesota Foundation's board of trustees. He is also a member of the Minnesota Business Partnership (MBP). In mid-2020, he was among approximately 80 MBP members who signed a letter to legislators encouraging them "to adopt policing reforms that address police misconduct and increase accountability and transparency", derived from recommendations made by the State of Minnesota Working Group on Police-Involved Deadly Force Encounters.
Roman spoke at a graduation ceremony at the University of Wisconsin–Stevens Point in 2018. He has been a long-term supporter of Big Brothers Big Sisters of America.
Early Life
Roman was born to an insurance salesman and a hospice worker. He was raised in Stevens Point, Wisconsin as the oldest of five siblings.
Roman attended the University of Wisconsin–Stevens Point during 1978–1980 and played on the Pointers football team. He received his bachelor's degree from the University of Minnesota's Department of Electrical and Computer Engineering in 1982, followed by a master's degree in electrical engineering from the University of Southern California in 1987.
Career
- 3M - CEO