NEVER...it needs an activist investor who calls for reforms, or else the current board structure (CEO as Chair of the board) is proven to be a disaster by practice and any corporate governance textbooks (read GE story in the book "Lights out" for De Ja Vue). Also, look at the board members...do they really care? The simple yardstick of stock price the day Mike started and Today..or growth % when mike started and today should be enough to get him fired. So much BS of winning everywhere or growth above Macro....numbers just don't support it.
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3M board is a joke.
They will never take action. If they had a spine and the best interest of 3M before them , they would have fired MR 3 years back.
They are unmotivated to risk their paid positions as they would likely be replaced once a new CEO is installed.