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3M has named Anurag Maheshwari as its new Executive Vice President and Chief Financial Officer (CFO), starting September 1, 2024. Maheshwari, who is presently serving as the Executive Vice President and CFO at Otis Worldwide Corporation, brings significant expertise to 3M. His background includes deep experience in strategic planning, operations, investor relations, and business transformation, which will be crucial as he transitions into this new role at 3M.
Maheshwari has been with Otis since July 2022, where he previously served as Vice President of Finance, Information Technology, and Chief Transformation Officer for the Asia Pacific region. His career includes significant roles at Harris Corporation and L3Harris as Vice President of Investor Relations, from January 2017 to February 2020. He has also held executive positions at United Technologies, Affinity Equity Partners, and Harris Corporation, beginning his career as a consultant. Maheshwari has earned a master’s degree in finance from the Asian Institute of Management and a bachelor’s degree in economics from Bombay University.
Until Maheshwari assumes his role, Teri Reinseth will serve as Interim Chief Financial Officer starting August 1, 2024. Reinseth, who has been with 3M as Senior Vice President, Corporate Controller, and Chief Accounting Officer since April 1, 2019, will hold the position until Maheshwari assumes his role.
3M highlights its commitment to leveraging science to drive progress and address global challenges. The company’s global team is committed to leveraging innovation to address the needs of customers, communities, and the planet, underscoring its leadership in advancing science for a better world.