3M Board of Directors Elects Vance D. Coffman to Serve as Lead Director.ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- 3M Company announced today that Vance D. Coffman Retired Chairman of the Board and Chief Executive Officer, Lockheed Martin Corporation. Currently on the Board of 3M. He is a graduate of the program for senior executives at the MIT Sloan School of Management • , a member of the company's Board of Directors since 2002, has been elected as lead director, effective immediately. In this newly created role, Mr. Coffman will lead executive sessions of 3M's independent directors and will facilitate information flow and communication between the directors and the chairman, in addition to other duties specified by the board. "With the establishment of a lead director -- especially one as qualified and capable as Vance Coffman -- we are further enhancing 3M's excellent governance practices and reputation," said George W. Buckley George W. Buckley is the Chairman, President and Chief Executive of 3M. He was named to these positions on December 7 2005. Buckley came to 3M from Brunswick Corporation where he served as chairman and chief executive officer since June 2000. , 3M chairman of the board, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Mr. Coffman served as chairman of the board and chief executive officer, Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corp. He retired as chief executive officer in 2004 and as chairman of the board in 2005. About 3M - A Global, Diversified Technology Company Every day, 3M people find new ways to make amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. things happen. Wherever they are, whatever they do, the company's customers know they can rely on 3M to help make their lives better. 3M's brands include Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti. Serving customers in more than 200 countries around the world, the company's 69,000 people use their expertise, technologies and global strength to lead in major markets including consumer and office; display and graphics; electronics and telecommunications; safety, security and protection services; health care; industrial and transportation. For more information, including the latest product and technology news, visit www.3M.com. Scotch, Post-it, Scotchgard, Thinsulate, Scotch-Brite, Filtrete, Command and Vikuiti are trademarks of 3M. |
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