3M Promotes Tushar Kshirsagar to Chief Technology Officer
3M is replacing its chief technology officer as John Banovetz retires from the company on Oct. 1.
Tushar Kshirsagar will take over for Banovetz. He is a 3M career veteran, having spent more than 24 years with the company, progressing from technical research roles into high-level global business leadership.
After spending nearly two decades driving international growth and product development within the 3M healthcare division, Kshirsagar transitioned to senior executive roles across major industrial categories. He currently leads the industrial adhesives and tapes division as president, overseeing full-scale business and group operations.
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In a LinkedIn post, the company said that Kshirsagar brings deep business, technology and leadership experience and he will help accelerate the innovation that remains central to its strategy and growth.
"Throughout my career, I've had the opportunity to work across research, product development, business leadership and customer-facing roles," said Kshirsagar on LinkedIn. "Those experiences have strengthened my belief that innovation creates its greatest impact when science, technology and customer needs come together."
Banovetz has spent nearly 20 years at 3M, working in various corporate strategy and business development roles before transitioning into high-level global management across the U.S. and Europe. As CTO, he oversaw global technology development, corporate stewardship and the commercialization of new products.
