3M (MMM) Promotes COO Thulin to CEO
MMM Hot Sheet
Overall Analyst Rating:NEUTRAL (
Down)Dividend Yield: 2.8%
Revenue Growth %: +102,502.7%
3M (NYSE: MMM) announced today that Inge G. Thulin is elected president and CEO, effective Feb. 24. He succeeds Sir George W. Buckley, chairman, president and CEO, who will retire on June 1.
Thulin immediately becomes a member of 3M’s Board of Directors and Buckley remains chairman of the board until the Annual Meeting of Stockholders on May 8, at which time the board intends to elect Thulin to the position of chairman.
Thulin, 58, has served as chief operating officer since May 2011, with responsibility for 3M’s six business segments and International Operations.
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Thulin immediately becomes a member of 3M’s Board of Directors and Buckley remains chairman of the board until the Annual Meeting of Stockholders on May 8, at which time the board intends to elect Thulin to the position of chairman.
Thulin, 58, has served as chief operating officer since May 2011, with responsibility for 3M’s six business segments and International Operations.
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