Director, Strategy & Business Development - Consumer Business
About the job
- A completed and verified Bachelor's degree or higher is required before starting.
- Seven years of experience in consumer-packaged goods strategy, transformation, commercial, or marketing roles, or in strategy consulting serving consumer and retail clients, is required.
- Five years of experience leading strategy or transformation projects end to end, from problem framing and hypothesis-driven analysis through executive alignment and implementation, is required.
- Five years of experience building profit-and-loss, business-case, and scenario models and working with consumer, retail, pricing, promotion, or syndicated data is required.
- Five years of experience influencing and partnering across a matrixed organization, including functions such as Finance, Marketing, Commercial, Supply Chain, Research and Development, or Human Resources, is required.
- Shape the Consumer Business Group's multi-year strategic roadmap by building the three-year plan and the category, channel, and area strategies beneath it, including revenue, margin, and investment implications.
- Lead two to three high-priority transformation initiatives end to end, from problem framing and hypothesis-driven analysis through execution, adoption, and measured profit-and-loss impact, across operating-model redesign, portfolio simplification, revenue growth management, ecommerce and retail media, and international go-to-market.
- Evaluate and build business development opportunities by screening acquisitions, licensing, divestitures, and strategic partnerships against the Consumer Business Group's strategic filters and building business cases that inform investment decisions.
- Run the Consumer Business Group's strategic planning and performance cadence, including annual operating planning, key performance indicator definition, initiative tracking, and long-range planning with Finance.
- Prepare executive-ready materials and decision support for the Consumer Business Group leadership team, Group President, Chief Executive Officer, and Board forums, while leading cross-functional project teams and external advisors to deliver.
- An MBA or equivalent graduate degree from an accredited institution.
- Experience at a top-tier strategy consulting firm serving the consumer sector, a leading consumer packaged goods brand owner, or a leading retailer, ideally more than one of these.
- Hands-on experience with one or more growth levers: portfolio and lifecycle management, revenue growth management, ecommerce and retail media, route-to-market, brand strategy, or digital demand generation.
- Corporate development experience in deal screening, valuation, due diligence, integration, separation, or strategic partnerships, or experience leading a transformation project management office or operating-model change.
- International or multi-market experience, executive-level communication and facilitation skills, and fluency with artificial-intelligence-enabled analysis and productivity tools.
About the company
3M is a diversified technology and manufacturing company that offers products across sectors such as adhesives, tapes, abrasives, personal protective equipment, healthcare, automotive, home improvement, and films. Its products rely on materials science and engineering to solve tasks, from bonding surfaces and finishing surfaces to protecting people and enabling diagnostics. It differentiates itself through a large patent portfolio, a broad applied-science focus across many industries, and scale, plus ongoing sustainability efforts. Its goal is to deliver reliable solutions that tackle real-world problems while driving environmental and social responsibility and creating value across its markets.
Company Size
10,001+
Company Stage
IPO
Headquarters
Saint Paul, Minnesota
Founded
1902
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Simplify's Take
What believers are saying
- Q2 2026 adjusted organic sales rose 5.4%, and EPS increased 11%.
- 3M raised 2026 EPS guidance to $8.80-$8.95 after strong first-half execution.
- Cooling Film and AI data-center optics expand 3M into higher-growth niches.
What critics are saying
- Montana’s PFAS firefighter-gear class action survived in 2026, increasing settlement pressure.
- Australia seeks over A$2 billion for PFAS foam damages, risking severe cash drains.
- PFAS liabilities can overwhelm turnaround gains and force years of capital diversion.
What makes 3M unique
- 3M’s expanded-beam optics won Microsoft Azure certification in 2026.
- 3M’s 100,000-plus patents support faster launches across adhesives, healthcare, and industrials.
- 3M’s scale spans Safety, Industrial, Transportation, Electronics, and consumer channels worldwide.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
Remote Work Options
Relocation Assistance
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 0%3M's CEO William Brown reports the company's turnaround is ahead of schedule, with adjusted organic sales growing 5.4% in Q2 and margins tracking above 25% by 2027. On-time delivery improved from the low 80% range to around 90%, whilst product launches increased from 125 three years ago to an expected 350 this year. However, legal challenges persist. A Montana federal judge recently allowed a nationwide PFAS class action involving firefighter gear to proceed. Additionally, the Australian government is seeking more than A$2 billion in damages over PFAS-containing firefighting foam. Institutional interest grew, with hedge fund ownership rising from 63 funds in Q1 to 72 in Q2. Short interest remained low at 1.79% of float.
American Graphics & Signs has partnered with 3M to offer 3M™ Cooling Film, a passive-cooling solution designed to reduce heat buildup in commercial fleet vehicles. The film is applied to vehicle roofs and deflects over 85% of solar radiation whilst releasing absorbed heat. A year-long trial across 10 electric delivery vans in Phoenix, Arizona showed the film reduced cargo temperatures by an average of 5.3°F, with reductions up to 10.3°F in August. The cooling effect preserved 4.6 to 8.6 miles of usable electric vehicle range per operating hour, adding roughly 23 to 43 miles during a typical five-hour delivery window. For petrol or diesel vehicles, the film reduces cooling demand and fuel consumption whilst improving driver comfort.
3M has raised approximately €1 billion through fixed-rate Eurobonds maturing in 2028 and 2031. The fundraising adds long-term capital to the company's structure. The stock has experienced recent volatility, with the one-month share price return down 9.68% and the seven-day move also lower. However, the 90-day return stands at 4.26%, whilst the one-year total shareholder return is 6.43%. 3M currently trades at $164.97, below the most followed analyst fair value estimate of $181.85, suggesting the stock may be 9.3% undervalued. The company has accelerated new product launches by 70% year-over-year, targeting 215 for the year, with five-year innovation sales rising 9%. Operational efficiency improvements are driving higher operating margins. However, the valuation narrative depends on PFAS litigation remaining contained and productivity gains continuing.
3M Company shares have risen 5.3% year-to-date, underperforming the Dow Jones Industrial Average's 11.1% gain. Over the past 52 weeks, the stock climbed 8.4%, lagging the Dow's 17.1% return. The diversified technology manufacturer raised its 2026 adjusted earnings per share forecast to $8.80–$8.95 following strong second-quarter results. Revenue increased 2.4% to $6.50 billion, driven by Safety & Industrial sales up over 8% and Transportation & Electronics sales up nearly 6%. 3M's data centre optics business shows promise, with potential revenue growth of four to five times from current levels of $40 million–$50 million annually. Analysts maintain a "Moderate Buy" rating with a mean price target of $188.75, representing potential upside of nearly 12%.
3M has launched 3M™ Cooling Film, a roof-applied heat-management solution for vehicles. The film uses thermal management technology to reflect more than 85% of solar radiation, reducing interior temperatures by up to 10°F. The product targets last-mile delivery fleets, refrigerated trucks and trailers, and passenger rail vehicles. It aims to reduce cooling demand, improve energy efficiency, and protect temperature-sensitive cargo whilst enhancing comfort for drivers and passengers. The film features a durable coating that resists dirt, chemicals, and wear, backed by a five-year warranty. Professional installers can apply it quickly to minimise vehicle downtime. The solution is part of 3M's broader portfolio of heat-management products for the transportation sector.