3M Elevates New Senior Leaders -- Market Talk
21 June 2017 - 12:49AM
Dow Jones News
10:19 ET - 3M (MMM) appoints a new COO and executive vice
president and grants a waiver to CEO Inge Thulin on its policy for
corporate board members to retire at age 65. As he nears the
retirement age, Thulin, the 63-year-old board chair, has more time
to groom future leaders at MMM and help the company reach its 2020
financial and operating objectives. Starting July 1 Michael Roman
will be COO, overseeing MMM's five business groups and
international operations. Also, Hak Cheol Shin, new EVP and vice
chair, will oversee R&D, strategy, supply chain operations and
IT. MMM also announces five other leadership changes in its
operations. MMM rises 0.4% to $214.18.
(justina.vasquez@wsj.com)
(END) Dow Jones Newswires
June 20, 2017 10:34 ET (14:34 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
3M (NYSE:MMM)
Historical Stock Chart
From May 2024 to Jun 2024
3M (NYSE:MMM)
Historical Stock Chart
From Jun 2023 to Jun 2024