3M Appoints New Company President, Health Care Leader - Modern Distribution Management

3M Appoints New Company President, Health Care Leader

Bryan C. Hanson will serve as CEO of the independent health care company when it is spun off from 3M.
3M, Sales, Increase, third quarter, 2021

Last week, 3M announced the appointment of Bryan C. Hanson as CEO of 3M’s Health Care Business Group, when the independent health care company when it is spun off from 3M.

Hanson will join 3M on Sept. 1. He comes to 3M from Zimmer Biomet, a global MedTech innovator with annual revenue of more than $7 billion. Hanson has served as President and CEO since 2017 and Chairman since 2021.

Bryan Hanson

“We are pleased to have Bryan join us to successfully complete the spin off of our Health Care business and build a leading independent medical technology innovation company,” said Mike Roman, 3M Chairman and CEO. “His industry expertise, ability to drive growth, and track record of building a strong culture and teams will make an immediate impact.”

3M’s Health Care Business Group reported $8.4 billion in sales in 2022.

“I am honored and excited to join 3M’s Health Care Business Group at such an important time in its evolution,” said Hanson. “I have a deep respect and admiration for what 3M has built in health care — strong brands, quality products, commercial excellence, and customer-driven innovation. I look forward to working with the team to more deeply understand and realize the potential of our business as we accelerate our path forward, and build on a legacy of trusted leadership and medical innovation.”

The company also announced that Carrie Cox will serve as the Chairman of the Board of Directors of the independent Health Care company. Cox currently serves as the Chairman of the Board of Organon, and on the Boards of Directors of Cardinal Health, Selecta BioSciences, and Texas Instruments.

Monish Patolawala also is being appointed 3M President and Chief Financial Officer, effective Sept. 1. He will is expected to be responsible for executing country prioritization and country governance to his current responsibilities which include leadership of finance, information technology, office for separation management for the upcoming spin off of Health Care, office for project management as the company executes on announced actions, enterprise strategy, and 3M’s global service centers.

The appointments were announced about a week before 3M agreed to pay $6 billion to resolve lawsuits filed by U.S. service members who said their earplugs caused them hearing loss or other injuries.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.