FILE - In this file photo made Jan. 26, 2010, the 3M Co. logo is seen on some of their products in Philadelphia. 3M Co. annouced Tuesday, Oct. 23, 2012, that it is reducing its profit expectations for this year because of what it calls "current economic realities." 3M makes everything from Post-it notes and Scotch tape to roofing granules, coatings for LCD screens, and traffic sign coatings. The variety of its businesses and its worldwide footprint make it an economic bellwether. And CEO Inge Thulin said what it's seeing right now is a "slow-growth economy." (AP Photo/Matt Rourke, file)
3M adds Coca-Cola Chairman and CEO Kent to board
Published: 02:51:53 PM, Wed 06 February 2013 UTC
MAPLEWOOD, Minn. (AP) — 3M Co. said on Wednesday that it has named Coca-Cola Co. Chairman and CEO Muhtar Kent to its board of directors, effective April 1.
The appointment expands the company's board to 11 directors.
Kent, 60, has been CEO of Coca-Cola since 2008, and he became chairman in 2009. Before that he was president and chief operating officer, and was president of Coca-Cola International.
Maplewood, Minn.-based 3M makes a variety of office and industrial tapes, adhesives, and coatings.
Its shares rose 62 cents to $102.11 in morning trading Wednesday after briefly rising as high as $102.46. FactSet said that is an all-time high.
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