Adhesive manufacturing company 3M Co on Monday announced that it has fired the group’s president, chief business and country officer Michael Vale for cause.

In a press release, the company said that the dismissal is due to “inappropriate personal conduct and violation of company policy, unrelated to the company’s operations and financial performance.”

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Additional details were not shared.

Michael Vale was appointed to Group President and Chief Business and Country Officer in April 2023.

“In this new role, Vale will have responsibility for three of the company’s four business groups (Safety and Industrial, Transportation and Electronics, and Consumer), customer operations, country governance and emerging markets,” the company had then announced.

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Vale worked as Group President, Safety & Industrial Business in the company and had 30 years of experience at 3M.

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Now, 3M leaders will report to Chief Executive Mike Roman. The company’s stock has fallen 16% this year, while the S&P 500 SPX, -0.14% has gained 7.4%.

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“3M believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what’s possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we’re working to improve lives and make what’s next at or on Twitter at @3M or @3MNews,” it states in the about section.