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3M has announced the appointment of Bryan C. Hanson as Chief Executive Officer (CEO) of the independent health care company, when it is spun off from 3M. Bryan Hanson will join 3M on Sept. 1 as CEO of the Health Care Business Group. Hanson comes to 3M from Zimmer Biomet, a global MedTech innovator with annual revenue of more than US$ 7 billion. He has served as President and Chief Executive Officer since 2017, and Chairman since 2021. Extensive industry experience Bryan Hanson is a proven executive with a track record of successfully leading, growing, and transforming global medical device businesses to achieve greater innovation, commercial success, and driving value for customers, patients, and shareholders. “We are pleased to have Bryan join us to successfully complete the spin-off of our Health Care business and build a leading independent medical technology innovation company,” said Mike Roman, 3M Chairman and Chief Executive Officer (CEO), adding “His industry expertise, ability to drive growth, and track record of building a strong culture and teams will make an immediate impact.” New CEO of 3M’s Health Care Business Group 3M’s Health Care Business Group, with US$ 8.4 billion in sales in 2022, is a diversified health care technology group with a deep and diverse portfolio of trusted brands, global capabilities, and leadership in attractive end market segments such as wound care, oral care, health care IT, and biopharma filtration. I am honored and excited to join 3M's Health Care Business Group at such an important time" As a standalone business, Health Care will be well-positioned to deliver industry-leading innovation that enables better, smarter, and safer health care for patients worldwide. “I am honored and excited to join 3M's Health Care Business Group at such an important time in its evolution,” said Bryan Hanson, adding “I have a deep respect and admiration for what 3M has built in health care – strong brands, quality products, commercial excellence, and customer-driven innovation.” Build on legacy of leadership and medical innovation Bryan Hanson continues, “I look forward to working with the team to more deeply understand and realize the potential of our business, as we accelerate our path forward, and build on a legacy of trusted leadership and medical innovation.” Prior to joining Zimmer Biomet, Bryan Hanson was Executive Vice President and President of Medtronic's Minimally Invasive Therapies Group, where he oversaw and provided strategic direction to an approximately US$ 9 billion business. Served in a number of executive roles Prior to Medtronic, he served in a number of executive roles of increasing responsibility at Covidien. In 2013, he was named Group President of Covidien’s Medical Devices business. In 2011, as Surgical Solutions Group President, Hanson transformed two of Covidien’s largest divisions — Energy-based Devices and Surgical Devices — into one global business unit. Bryan Hanson serves on the Board of Directors of Walgreens Boots Alliance, Inc. Bryan Hanson serves on the Board of Directors of Walgreens Boots Alliance, Inc. He also serves on the board of the Advanced Medical Technology Association, is a member of its International Board Committee and Chairs the China subcommittee. He is a Director Emeritus of the Americares Board of Directors, an emergency response and global health organization committed to saving lives and building healthier futures for people in crisis. Carrie Cox named Chairman of the Board of Directors 3M also announced that Carrie Cox, a Health Care Industry Veteran, will serve as the Chairman of the Board of Directors of the independent Health Care Company. Cox currently serves as the Chairman of the Board of Organon, and on the Boards of Directors of Cardinal Health, Selecta BioSciences, and Texas Instruments. She previously served as Chairman and Chief Executive Officer of Humacyte, which she joined in 2010. She also served for 10 years on the board of Celgene (2009-2018) until its sale to Bristol-Myers Squibb. Wide medical industry experience Carrie Cox spent her early career at Sandoz Pharmaceuticals (now Novartis) in a variety of commercial roles. She was later President of Global Prescription Business at Schering-Plough, Senior Vice President of Global Business Management at Pharmacia & Upjohn, as well as Vice President of Women's Health Care at Wyeth-Ayerst. She is a graduate of the Massachusetts College of Pharmacy and Health Sciences. Carrie is an ideal choice to lead the Board as Health Care becomes an independent company" “Carrie is an experienced leader with a deep understanding of health care across different sectors of the industry,” said Mike Roman, adding “She has been serving as an advisor to 3M, and played a key role in the selection process of Bryan as CEO. Carrie is an ideal choice to lead the Board as Health Care becomes an independent company.” “I am grateful to Mike and the 3M Board of Directors for this opportunity to help shape and lead a health care company that builds on the best of 3M and has the flexibility to invest in future growth opportunities,” said Carrier Cox, adding “I look forward to working with Bryan and the team to create value for customers and patients around the world.” Monish Patolawala appointed 3M President and CFO Monish Patolawala is appointed 3M President and Chief Financial Officer (CFO), effective Sept. 1. In this role, he will add responsibility for executing country prioritization and country governance to his current responsibilities which include leadership of finance, information technology, office for separation management for the upcoming spin off of Health Care, office for project management as the company executes on announced actions, enterprise strategy, and 3M's global service centers. “This appointment strengthens our leadership of the strategic priorities that will improve our performance and build a stronger 3M,” said Mike Roman, adding “Monish is a key leader in our transformation, and I am confident in his leadership as we work together to deliver on our commitments to our customers and shareholders.”
In an effort to move autonomous driving and vehicle safety forward, Texas Instruments (TI) has announced an expansion of its automotive offerings that can help automakers improve how advanced driver assistance systems (ADAS) sense objects. TI’s new AWR2944 radar sensor TI’s new AWR2944 radar sensor adds to the company's extensive portfolio of analog and embedded processing products and technologies, giving automotive engineers more tools that can fuel vehicle innovation. The increased ability to quickly detect objects, monitor blind spots, and efficiently navigate turns and corners paves the way for automakers to achieve their vision of a collision-free future. “Changing lanes and navigating tight corners present some of the most complex design challenges for our customers today,” said Yariv Raveh, Manager for TI millimeter-wave radar, adding “To create a safer driving experience, driver assistance systems must quickly and accurately process massive amounts of data and clearly communicate with the driver.” Advanced driver assistance More than 50% of the combined total of fatal and injury crashes occur at or near intersections According to the Federal Highway Administration, more than 50% of the combined total of fatal and injury crashes occur at or near intersections. With new motor vehicle safety requirements from U.N. Regulation No. 79 and updated New Car Assessment Program (NCAP) standards in effect, automakers must improve steering systems to support advanced driver assistance and automated driving functions. 77-GHz AWR2944 radar sensor The 77-GHz AWR2944 radar sensor can help automakers meet these safety regulations and provides best-in-class radio frequency performance in a small form factor – approximately 30% smaller compared to radar sensors today. The AWR2944 sensor integrates a fourth transmitter to provide 33% higher resolution than existing radar sensors, enabling vehicles to detect obstacles more clearly and avoid collisions. In addition, the new sensor’s unique hardware supported by Doppler division multiple access (DDMA)-based signal processing improves the ability to sense oncoming vehicles at distances up to 40% farther away. TI's solutions for ADAS TI's solutions for ADAS include high-performance integrated system-on-chip radar sensors Empowering automakers to develop vehicles with increased visibility of their surroundings, TI's solutions for ADAS include high-performance integrated system-on-chip radar sensors, highly efficient edge artificial intelligence processors, and automotive-qualified power-management ICs (PMICs), such as the LP87745-Q1 low-noise, multi-rail PMIC for radar monolithic microwave processors. Premium ADAS technology “Visibility around corners has historically been challenging for autonomous and semiautonomous vehicles. This challenge presents the opportunity to design high-quality, premium ADAS technology that helps enhance vehicle perception,” said Curt Moore, Manager for Jacinto™ processors at TI. Curt Moore adds, “For automated parking and driving, being able to see farther with devices like the AWR2944 sensor – and then seamlessly process that data with our Jacinto processors – leads to improved awareness and safety.” TI's software compatibility From supporting airbag deployment to enabling cutting-edge vehicle electrification, TI's deep-rooted history of innovation in automotive technology spans more than 40 years. TI's software compatibility enables automakers to scale across their entire fleet, while extensive support and design resources including technical content, evaluation modules and real-world application examples make designing ADAS easier. With the future in mind, TI believes collaboration between semiconductor suppliers, system engineers and automakers will be vital to accelerate time to market and meet ever-evolving regulatory demands.
Texas Instruments Incorporated (TI) has announced that Haviv Ilan has been named to its Board of Directors. Mr. Ilan is Executive Vice President and Chief Operating Officer (COO) of Texas Instruments Incorporated. “Haviv will be a valuable addition to our board,” said Rich Templeton, Texas Instruments Incorporated’s Chairman, President and CEO, adding “He brings strong business and financial acumen, a strategic mindset and sound judgement.” Haviv Ilan joins TI Board of Directors Ilan, 53, joined TI in 1999 and as COO is responsible for leading TI's businesses, sales, manufacturing and information technology organizations. Ilan was named Executive Vice President and COO in 2020. He earned a Master’s degree in Electrical Engineering from Tel Aviv University and a Master’s degree in Business Administration from the Kellogg-Recanati International Executive MBA Program. “Having led large global organizations at TI, Haviv's experience combines business, technical and market expertise. I look forward to having his leadership and perspective on our board,” said Ron Kirk, Chairman of the Board's Governance and Stockholder Relations Committee.
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