"3M's CEO Shake-Up Sparks Stock Surge and Expectations of Big Changes"
3M has appointed Bill Brown, former CEO of L3Harris Technologies, as its new CEO in an effort to navigate through slowing sales and legal challenges. The company's shares surged nearly 7% following the announcement. Brown, known for driving margin and efficiency, will take over from current CEO Michael Roman on May 1. 3M has been facing a tough macro environment and legal issues, including settling lawsuits related to earplugs and "forever chemicals."