3M fires company executive for inappropriate conduct weeks after promotion

Saying it hopes to make its company"stronger, leaner and more focused," 3M announced thousands of layoffs Tuesday.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.

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." Vale’s termination arrives just weeks after 3M announced that the company would be cutting thousands of jobs as part of restructing actions.

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3M fires Chief Business and Country Officers Michael Vale for ‘inappropriate personal conduct’3M Co. said Monday it has fired Michael Vale, group president and chief business and country officer, for cause. The dismissal is due to “inappropriate...
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »