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Inductees

Michael Duran

Senior vice president and chief ethics and compliance officer, 3M Company
Class of 1986
Michael Duran is the senior vice president and chief ethics and compliance officer at 3M Company, where he oversees the ethics and compliance program to mitigate risk and promote a culture of ethics. He helped develop the core elements of 3M’s compliance program, which led to the company being named one of the world’s most ethical companies by the Ethisphere Institute for the past eight years.

Duran is recognized as a leader in the field of compliance. He was a panelist with Department of Justice and U.S. Securities and Exchange Commission regulators to discuss compliance trends in 2021; he served as a member of a United Nations working group; and he was a founding member of the Business Ethics Leadership Alliance.

He began his education at Moraine Valley and went on to earn his bachelor’s degree from DePaul University in finance. In 1993, he completed his Juris Doctor at the University of Illinois College of Law. Five years later, he earned a Master of Business Administration degree in finance from Indiana University.

Duran worked in the finance industry for a couple of years before attending law school. He began his law career in Nevada, serving as deputy legislative counsel for the Legislative Counsel Bureau and then working in the Washoe County District Attorney’s Office as a deputy district attorney.

He later worked at General Electric, where he held several positions before serving as the senior compliance manager for Marsh & McLennan Companies in New York City. He later relocated to Minnesota to join 3M.

Duran serves on the advisory board for the Organizational Ethics and Compliance Program at the University of St. Thomas School of Law. He also is a guest lecturer there and at the Mitchell Hamline School of Law.

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