3M Co.’s Inge Thulin, named today to become chief executive officer Feb. 24, pledged to keep the strategy set by predecessor George Buckley of using research and development and emerging-market expansion to drive growth.
3M Co. directors are preparing for the earlier-than-expected departure of George Buckley as chief executive officer next year and have begun evaluating internal candidates, said three people with knowledge of the matter.
3M Co . said rebuilding work in Japan may total $200 billion, more than the projected spending after Hurricane Katrina, and the company is ramping up production of respiratory-protection products for the recovery.
3M Co. Chief Executive Officer George Buckley said President Barack Obama is “anti-business” and manufacturers may leave to set up operations in Mexico or Canada if the U.S. business environment is “hostile,” the Financial Times reported, citing an interview.