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3M Company's Thulin To Become CEO As Buckley Retires-Reuters


Wednesday, 8 Feb 2012 12:23pm EST 

Reuters reported that 3M Company's Chief Operating Officer (COO), will take over for George Buckley as Chief Executive on February 24 in a move that signals the Company's desire to stick to its strategic course even as there is a change in leadership. Buckley, who hits 3M's mandatory retirement age of 65 this month, has been talking with the board of directors in recent months about potentially staying. Thulin, a longtime 3M executive promoted to COO last year, was widely expected to replace Buckley if he retired. 3M's board expects to elect Thulin as Company Chairman at the Company's annual meeting in May. Buckley will officially retire June 1, 2012. 

Company Quote

110.41
-0.38 -0.34%
23 May 2013