3M names General Electric exec Monish Patolawala as CFO

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Patolawala, 51, currently serves as the CFO of GE’s healthcare unit. He will replace Nick Gangestad, who will retire, 3M said.

Patolawala joined GE in 1994 and has been working closely with the company’s Chief Executive Officer Larry Culp (NYSE:CULP) as vice president of operational transformation, driving lean management across the company.

Prior to GE, Patolawala worked with accounting firm KPMG.

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