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Solventum was spun out of 3M on April 1, and is moving its headquarters from Maplewood to Eagan in coming years. The company took on $8.6 billion in debt partly to pay 3M for transferring the ...
Currently, McMillan serves as CFO at Solventum, the 3M Health Care spinoff. He officially became Solventum’s CFO after its ...
Expand operating margins to be 23% to 25% in 2028 (inclusive of ~200bps 3M COGS increase). Generate EPS CAGR of 10% over the 3 years ending 2028 Drive free cash flow conversion of 80%+ Solventum ...
Solventum, the 3M healthcare spinoff, eliminated 800 positions as part of a restructuring strategy to help fuel growth. CEO Bryan Hanson, in an investor day presentation last week, said the ...
Solventum (NYSE:SOLV) hosted its 2025 Investor Day, during which it outlined its strategic priorities, its business segments, and its long-range plan (LRP) to drive growth and value creation. Formerly ...
To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter. Solventum, the 3M healthcare spinoff, eliminated 800 positions as part of a restructuring strategy to help ...