3M Fires Key Executive for Inappropriate Conduct Three Weeks After Promotion
- Vale was named last month to oversee three business units
- Violation was unrelated to operations, financial performance
3M Co. headquarters in Maplewood, Minnesota, US.
Photographer: Ben Brewer/BloombergThis article is for subscribers only.
3M Co. fired executive Michael Vale for “inappropriate personal conduct” and violating company policy less than a month after he was promoted to one of the manufacturer’s top posts.
The company said in a statement Monday that Vale was terminated “for cause” as of May 12. It didn’t specify details of the issue other than to say that it was “unrelated to the company’s operations and financial performance.”