Olson takes over from retiring chairman and former CEO Michael Hoffman.
Paul Marvin took the helm of the long-time family window and doors business in late August.
The two companies combined would have nearly $3 billion in annual revenue, making it one of the largest specialty adhesives makers on the globe.
Many CEOs tendered their resignation from the advisory group following a weekend of violence and protests in Charlottesville, Virginia.
Amy Hood has been with the technology giant since 2002 and its chief financial officer since July 2013.
The commission said Muslim workers that were fired had their civil rights violated.
The plant was expected to cost $27 million.
The local railing and commercial systems manufacturer’s products are used across the country, including at Target Field and in U.S. Bank Stadium.
Executives at the industrial supplies manufacturer were also questioned about historically unusual pricing changes 3M made during the April through June period.