business / news / / GlobeNewswire
Solventum's Spin-Out from 3M has Maximized Executive Compensation, Not Shareholder Value.
Solventum's spin-out from 3M erased $13 billion in shareholder value versus analyst expectations.
KEY POINTS
- The CEO of Solventum received over $80 million in compensation in just over two years.
- Trian proposes divesting Solventum's Health Information Systems business as an immediate action.
- Trian urges Solventum to prioritize share repurchases and reduce overhead to enhance shareholder returns.
COMPANIES
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