It hasn't been announced yet, but the writing is on the wall.
I'm not sad to see him go; he's a terrible leader and generally incompetent, but now we're likely to report to his self-serving lackey.
Out of the frying pan, into a similar frying pan.
3M has eviscerated the talent pipeline, so everyone in management are the leftover dregs who couldn't find a new role at a better company.