BNET Industries

Market Cap:$57.6B
Last Fiscal Year Sales:$25.2B
  • Public
  • US
Dow Jones Description

Every day, 3M people find new ways to make amazing 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 around the world, the people of 3M 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.

Number of Employees 79,183
Contact Information

3M Center

Saint Paul, Minnesota 55144-1000

www.mmm.com

(651) 733-1110

NAICS Code Surgical and Medical Instrument Manufacturing: 339112

Recent Events

  • Brigantine Advisors Defends IMAX IMAX After Yesterday's Sell-Off On AMC Competition Fears

    3/04/10 - Bond / Stock Rating - View Story

  • ReNeuron raises $7.3M

    2/22/10 - Bond / Stock Rating - View Story

  • Regional Report / $1.85M in loans saves 170 jobs at Little Falls boat maker

    2/15/10 - Bond / Stock Rating - View Story

  • Four for the Money

    2/13/10 - Financial Announcement - View Story

  • 3M MMM Shares Sink as BofA Cuts to Underperform; Doesn't Like Prospects for '11

    2/12/10 - Bond / Stock Rating - View Story

  • BofA Downgrades 3M MMM to Underperform

    2/12/10 - Bond / Stock Rating - View Story

  • NexMed Gets $2.7M In Private Placement

    2/12/10 - Bond / Stock Rating - View Story

  • Wall St tumbles as China tightens bank rules

    2/12/10 - Bond / Stock Rating - View Story

  • Market jumps as data spurs optimism

    2/11/10 - Bond / Stock Rating - View Story

  • Wall Street jumps on EU aid to Greece

    2/11/10 - Bond / Stock Rating - View Story

  • IDG Enterprise and Simply Hired Announce Technology Job Channel Partnership

    2/05/10 - Bond / Stock Rating - View Story

  • City Bank cuts Q4 loss to $38.3M

    1/29/10 - Bond / Stock Rating - View Story

  • 3M Profit Up 74% In 4Q On Higher Revenue; Lifts Fiscal Year Earnings View

    1/28/10 - Financial Announcement - View Story

  • Quartics Gets $6.5M

    1/27/10 - Bond / Stock Rating - View Story

  • Earnings Outlook: 3M to post 4th-quarter growth despite a down year

    1/25/10 - Bond / Stock Rating - View Story

  • Don't Stay in a Sticky Situation With 3M

    1/21/10 - Bond / Stock Rating - View Story

  • Lombard Medical hopes to raise $21.3M to fund operations

    1/21/10 - Bond / Stock Rating - View Story

  • UBS Raises Price Target on 3M MMM, Matching 'Street High' $105

    1/19/10 - Bond / Stock Rating - View Story

  • Fisker Automotive Raises $115.3M

    1/18/10 - Bond / Stock Rating - View Story

  • Thursday Fundraising Roundup

    1/14/10 - Bond / Stock Rating - View Story

News & Analysis

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3m co. and lyondell chemical co. and macdermid inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Hans A Dalmolen
Jennifer Ho Director of Human Resources
Patrick D. Campbell Chief Financial Officer & Senior Vice President
Inge G. Thulin Executive Vice President, International Operations
Brad T. Sauer Executive Vice President, Health Care Business
Frederick J. Palensky Executive Vice President, Research and Development & Chief Technology Officer
Hak Cheol Shin Executive Vice President, Industrial and Transportation Business
Jean Lobey Executive Vice President, Safety Security and Protection Services Business
Michael A. Kelly Executive Vice President, Display and Graphics Business
Angela S. Lalor Senior Vice President, Human Resources
John K. Woodworth Senior Vice President, Corporate Supply Chain Operations
Robert D. MacDonald Senior Vice President, Marketing and Sales
Darrell J. Gacom Vice President
Gregory J. Ehlert Vice President
Herman E. Nauwelaerts Vice President
J. Marc Adam Vice President, Marketing
James J. Maskas Vice President
Janet L. Yeomans Treasurer
Jay V. Ihlenfeld Vice President, Research and Development
Joaquin Delgado Vice President
Lynne E. Looney Vice President
Paul R. Hanson Vice President
Ronald G. Nelson Vice President & Controller
Rosa M. Miller Vice President
Thomas Engels Vice President, Product
William G. Allen Vice President
Fernando Yrazusta Director, Marketing
George Aalto Director, Marketing
Matt Ginter Director, Investor Relations
Richard F Averill Director, Clinical Research
Beth Volkers Business Development Manager, Product
Caroline Walton Product Manager
Frantisek Srom Manager, Marketing
Gwen Oudakker Brand Manager
Jim Tatum Senior Product Manager
Kelly Mann international business unit manager
Larry Loerch North American Sales Manager
Maria Arizzi Account Manager
Nancy A. Larson General Manager, Health Info Sys
Ned Hancock Product Manager
Nick Hughes Product Manager
Rick Johnson Manager, Marketing
S. Kris Bandal Senior Manager
Stephanie Neskas Brand Manager
Tara Lawrence Brand Manager, Product
Theresa Harris Manager, Business
Alan Wittmer
David W. Meline Chief Accounting Officer
Tom Anastasio national sales manager
Avi Sacajiu

Board of Directors

Name (plus bio) Position
George W. Buckley Chairman, President & CEO
Linda G. Alvarado Board of Directors
Robert S. Morrison Board of Directors
Michael L. Eskew Board of Directors
Robert J. Ulrich Board of Directors
Herbert L. Henkel Board of Directors

Mr. Dalmolen joined Valletta Ritson & Company in 1999 charged with leading the company's Operations and Business Development strategy. His experience and network within academic and industry associations has been critical to Valletta Ritson & Company's continued growth over the last five years. Hans has served as the lead engagement consultant on many critical searches with a frequent focus in software, electronics, biotechnology and consumer products. Functionally, Hans has lead a number of Engineering, Marketing and Operations engagements. In addition to providing invaluable project management expertise on many assignments, Hans manages day-to-day operations for Valletta Ritson & Company's in house research and recruiting teams. Prior to joining Valletta Ritson & Company, Hans held key positions within the software and marketing industries. His expertise includes consulting and work with companies including The CBORD Group, 3M, Siemens, Corning Incorporated and Celera Genomics as well as advisory posts with start ups in the venture capital and telecommunications industries. Hans received a Bachelor of Arts in Politics, Philosophy and Law, focused on Business Law from Binghamton University.

Organization Position Status
Valletta Ritson & Company Managing Partner Current
The CBORD Group Inc. Current
3M Company Current
Corning Incorporated Current
Valletta Ritson & Company Owner Current
State University of New York at Binghamton Bachelor of Arts In Politics, Philosophy and Law, Focused on Former

Jennifer Ho joined HighJump Software in 2002 and has more than 10 years of experience in human resource management. In her previous role as HighJump Software Director of Human Resources, she successfully led human resource integration efforts during 3M's acquisition of the company. Ms. Ho has also implemented new processes to improve overall quality service levels within the Human Resources department. Prior to joining HighJump Software, she held positions at technology firms SPS Commerce and The Packaging Department, as well as with advertising agency Bozell Kamstra, a True North Company. Ms. Ho holds a Bachelor of Science in human resource management from Minnesota State University, Mankato.

Organization Position Status
Freightlogic Vice President of Human Resources Current
HighJump Software Inc. Vice President of Human Resources Current
3M Company Director of Human Resources Current
HighJump Software Inc. Packaging Department Former
Bozellkamstra.Com Former
Minnesota State University Bachelor of Science In Human Resource Management Former

Organization Position Status
3M Company Chief Financial Officer & Senior Vice President Current
The Stanley Works Board of Directors Current
Motors Liquidation Company Vice President, Finance, Europe Former
Motors Liquidation Company Executive Director, Investor Relations and Worldwide Benchmarking Former
Motors Liquidation Company Finance Director, North America Sales & Marketing/Portfolio Management Former
Motors Liquidation Company Finance Director, Cadillac/Electric Vehicles Former
Motors Liquidation Company Director, Capital Program Analysis, Switzerland Former
Motors Liquidation Company Comptroller, Technical Development, Germany Former
3M Company Board of Directors Former

Organization Position Status
3M Company Executive Vice President, International Operations Current
The Toro Company Board of Directors Current
3M Company Vice President, Europe and Middle East Former
3M Company Division Vice President, Skin Health Division Former
3M Company General Manager, Skin Health Division Former
3M Company Managing Director, 3M Russia Former
3M Company Skin Health Business Unit Director, Skin Health Division Former
3M Company European Business Unit Manager, Surgical Devices, 3M Europe Former
3M Company Business Manager, Vision Care and Orthopedic Products, 3M Europe Former
3M Company Group Manager, Life Sciences Sector, 3M Sweden Former

From 1993 to 1997, Mr. Buckley served as the chief technology officer for the Motors, Drives, and Appliance Component of Emerson Electric Company. Later, he served as President of its U.S. Electric Motors Division. In 1997, he joined the Brunswick Corporation as a vice president, became senior vice president in 1999, and became executive vice president in 2000. Mr. Buckley was elected president and chief operating officer of Brunswick in April 2000 and chairman and chief executive officer in June 2000. In December 2005, he was elected chairman, president, and chief executive officer of the 3M Company. Mr. Buckley, who is 62, was first elected a director of Black & Decker in 2006. Mr. Buckley also serves as a director of the 3M Company and Archer-Daniels-Midland Company.

Organization Position Status
The Black & Decker Corporation Chairman, President, and Chief Executive Officer Current
3M Technologies Chairman, President and Chief Executive Officer Current
3M Company Chairman, President & CEO Current
St. Thomas University Board of Trustees Current
Kwikset Corporation Board of Directors Current
US-China Business Council Board of Directors Current
Brunswick Corporation Chairman & Chief Executive Officer Former
Emerson Electric Co. President, Automotive and Precision Motors Division Former
Emerson Electric Co. President, U.S. Electric Motors Division Former
Brunswick Corporation Chief Operating Officer Former
Drives Incorporated Chief Technology Officer Former
Brunswick Corporation Vice President Former
The Black & Decker Corporation First Elected A Director Former
Ingersoll-Rand Company Limited Board of Directors Former
The Black & Decker Corporation Board of Directors Former
University of Southampton Ph.D. Engineering Former
University of Huddersfield B.S., Electrical and Electronic Engineering Former

Organization Position Status
3M Company Executive Vice President, Health Care Business Current
Imation Corp. General Manager, Medical Solutions Business Unit Former
3M Company Executive Director, Six Sigma Former
Imation Corp. Sales and Marketing Director, Medical Imaging Systems Division Former
3M Company Sales and Marketing Director, Medical Imaging Systems Division Former
3M Company Program Manager, Medical Imaging Systems Division Division Former
3M Company Various Engineering Positions, Engineering Division Former
University of St. Thomas M.B.A. Former
University of Minnesota B.S., Mechanical Engineering Former

Organization Position Status
3M Company Executive Vice President, Research and Development & Chief Technology Officer Current
3M Company General Manager, Surgical Division Former
Sumitomo 3M Limited Technical Director Former
3M Company Technical Director, Orthopedic Products Division Former
3M Company Technical Manager, Vision Care Department Former
3M Company Senior Chemist, 3M Central Research Laboratories Former
Purdue University Ph.D Former

Organization Position Status
3M Company Executive Vice President, Industrial and Transportation Business Current
3M Company General Manager, Superabrasives and Microfinishing Systems Division Former
3M Company Managing Director, 3M Philippines Former
3M Company Business Director, Post-It Flag Business Unit, Office Supplies Division Former
3M Company Business Unit Manager, Post-It Flag Business Unit, Stationery and Office Supplies Division Former
Seoul National University Mechanical Engineering Former

Organization Position Status
3M Company Executive Vice President, Safety Security and Protection Services Business Current
3M Company Executive Director, Six Sigma, Europe and Middle East Former
3M Company Regional Managing Director, Central Europe Marketing Subsidiaries Region Former
3M Company Managing Director, Consumer and Office Markets, Europe Former
3M Company Managing Director, Consumer Markets European Business Center Former
3M Company Managing Director, 3M Brazil Former
3M Company Business Director, Commercial Office Supply Division Former

Organization Position Status
3M Company Executive Vice President, Display and Graphics Business Current
3M Company Division Vice President, Occupational Health and Environmental Safety Former
3M Company General Manager, Performance Materials Division Former
3M Company Managing Director, 3M Korea Former
3M Company Business Director, Advanced Microflex Products, Electronic Products Division, 3M Singapore Former
3M Company Marketing Director, Advanced Microflex Products, Electronic Productsdivision Former
3M Company Marketing Manager, Electronic Products, 3M Europe Former
3M Company Sales Representative, Electronic Products Division Former
St. Edwards University M.B.A. Former
University of Phoenix B.S., Business Administration Former

Organization Position Status
3M Company Senior Vice President, Human Resources Current
3M Company Executive Director, Human Resources Operations Former
3M Company Director, Compensation and Employee Administration Former
3M Company Division Human Resources Manager, Occupational Health and Environmental Safety Division and Optical Systems Division Former
3M Company Plant Human Resources Supervisor, Irvine Surgical Products Former
The University of Iowa M.A., Business, Industrial Relations, Human Resources Former
University of Northern Iowa B.A., Psychology Former

Organization Position Status
3M Company Senior Vice President, Corporate Supply Chain Operations Current
3M Company Vice President, Asia Pacific Former
3M Company General Manager, Interconnect Solutions Division Former
3M Company Manufacturingdirector, Electronic Products Division Former
3M Company Engineering Manager, Electronic Products Division Former
3M Company Quality Engineering Supervisor, Data Recording Productsdivision Former
University of Wisconsin B.S., Electrical Engineering Former

Organization Position Status
3M Company Senior Vice President, Marketing and Sales Current
3M Company Division Vice President, Automotive Aftermarket Division Former
3M Company Division Vice President, Skin Health Division Former
3M Company Division Vice President, Medical-Surgical Markets Division Former
3M Company Division Vice President, Automotive Design Systems Division Former
3M Company General Manager, Medical Division Former
3M Company Managing Director, 3M Italy Former
3M Company Sales Manager, Medical Products, Medical, Surgical Division Former
3M Company Business Unit Manager, Wound Management, Medical-Surgical Division Former
3M Company Project Manager, Staplers, Medical-Surgical Division Former
3M Company Market Manager, Wound Management, Medical-Surgical Division Former
3M Company International Manager, AVI Former
3M Company Sales Manager, Medical Products, Medical-Surgical Division Former
3M Company Market Development Supervisor, Medical-Surgical Division Former
3M Company Product Development and Product Service Supervisor, Medical-Surgical Division Former
3M Company Process Engineering Supervisor, Medical-Surgical Division Former
3M Company Advanced Product Development Engineer, Medical-Surgical Division Former
3M Company Advanced Division Engineer, Medical-Surgical Division Former
3M Company Advanced Product Development Engineer, Medical, Surgical Division Former
University of Minnesota M.S., Bio Engineering Former
University of St. Thomas M.B.A. Former
University of Minnesota B.S., Mechanical Engineering Former

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President, Marketing Current
CLARCOR, Inc. Board of Directors Current
3M Company Director Former

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President, Mergers & Acq Current
3M Company Treasurer Current

Organization Position Status
3M Company Vice President, Research and Development Current
Sumitomo 3M Limited Executive Vice President Former

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President & Controller Current

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Vice President, Product Current

Organization Position Status
3M Company Vice President Current

Organization Position Status
3M Company Director, Marketing Current

Organization Position Status
3M Company Director, Marketing Current

Organization Position Status
3M Company Director, Investor Relations Current
3M Company Director, Investor Relations Former

Organization Position Status
3M Company Director, Clinical Research Current
New York state Department of Health Former

Organization Position Status
3M Company Business Development Manager, Product Current

Organization Position Status
3M Company Product Manager Current

Organization Position Status
3M Company Manager, Marketing Current

Organization Position Status
3M Company Brand Manager Current

Organization Position Status
3M Company Senior Product Manager Current

Organization Position Status
3M Company international business unit manager Current
3M Health Information Systems marketing director Former
St. Mark's Hospital purchasing agent Former

Organization Position Status
3M Company North American Sales Manager Current
3M Touch Systems, Inc North American Sales Manager Current

Responsibility: As Account Supervisor, Anna- Maria is instrumental in overseeing the day to day operation of the account and development of the marketing plan. Anna-Maria supervises the Grand Junction Visitor and Convention Bureau and the Grand County Colorado Tourism Board accounts as well as Internet clients in Vail and Taos, New Mexico. Two years with AGENCY.COM in Client Services/Account management. Primary Account Manager on Sprint Loyalty and Sprint College one of AGENCY.COM's largest clients. Account manager of 3M, TVG, StoreRunner, American Legends and GMAC. Specialty areas are branding/ positioning, tracking, reporting and research.

Organization Position Status
3M Company Account Manager Current
Agency.com Former

Organization Position Status
3M Company General Manager, Health Info Sys Current
The University of Arizona master's degree in business administration Former

Organization Position Status
3M Company Product Manager Current

Organization Position Status
3M Company Product Manager Current

Organization Position Status
3M Company Manager, Marketing Current

Organization Position Status
Intradyn, Inc. Chairman of the Board and Chief Financial Officer Current
3M Company Senior Manager Current
3M Company Founder, President Former
3M Company Coo Former
Intradyn, Inc. Board Member Former
University of California, Berkeley M.S. and Ph.D. Degrees Former
University of California, Berkeley B.S. Former
Stanford University B.S. Former
University of Pune B.Sc. Degree Former

Organization Position Status
3M Company Brand Manager Current

Organization Position Status
3M Company Brand Manager, Product Current

Organization Position Status
3M Company Manager, Business Current

Linda G. Alvarado has been president and chief executive officer of Alvarado Construction, Inc., a commercial general contractor, construction management, design and build, development and property management company, since 1978. Ms. Alvarado currently serves as a director of 3M Company, Pepsi Bottling Group, Lennox International and Pitney Bowes, Inc. Ms. Alvarado earned a bachelor's degree from Pomona College.

Organization Position Status
Qwest Corporation President and CEO, Alvarado Construction Current
Alvarado Construction, Inc. President & Chief Executive Officer Current
Colorado Rockies Baseball Club Partner & Co-Owner Current
Qwest Corporation Board of Directors Current
Pitney Bowes Inc. Board of Directors Current
3M Technologies Board of Directors Current
Lennox International Inc. Board of Directors Current
Qwest Communications International Inc. Board of Directors Current
The Pepsi Bottling Group, Inc. Board of Directors Current
3M Company Board of Directors Current
Archon Technologies Incorporated Board of Directors Current
Pomona College bachelor's degree Former

Organization Position Status
Desert Angels Executive Director Current
Museum of Science and Industry Trustee Current
Economic Club of Chicago Trustee Current
JA Worldwide Trustee Current
Rush Presbyterian - St. Luke's Medical Center Trustee Current
Z Capital Partners, L.L.C. Current
Itw Activetouch Director Current
Illinois Tool Works, Inc. Board of Directors Current
Itw Imtran Board of Directors Current
Aon Corporation Board of Directors Current
3M Company Board of Directors Current
Tribune Company Board of Directors Current
Itw Linx Director Current
Pillar Technologies Board of Directors Current
Itw Linx Committee Member Current
Quaker Oats Company Chief Executive Officer Former
Quaker Oats Company President Former
The Quaker Former
Quaker Oats Company Chairman Former
3M Company Interim Chairman Former
PepsiCo, Inc. Vice Chairman Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
College of the Holy Cross Bachelor's Degree In English Former

Organization Position Status
The Annie E. Casey Foundation Trustee Current
The Annie E. Casey Foundation Chairman Current
Eli Lilly and Company Board of Directors Current
United Parcel Service of America, Inc. Board of Directors Current
3M Company Board of Directors Current
International Business Machines Corporation Board of Directors Current
The Business Roundtable Member Current
UPS Supply Chain Solutions Chairman & Chief Executive Officer Former
United Parcel Service of America, Inc. Chairman & Chief Executive Officer Former
United Parcel Service of America, Inc. Executive Vice President Former
United Parcel Service of America, Inc. Corporate Vice President, Industrial Engineering Former
United Parcel Service of America, Inc. Group Vice President, Engineering Former
United Parcel Service of America, Inc. Vice President, Industrial Engineering Former
The Wharton School of the University of Pennsylvania Advanced Management Program Former
US-China Business Council Chairman Former
Purdue University B.S., Industrial Engineering Former

Organization Position Status
Target Corporation Chairman Emeritus Current
3M Company Board of Directors Current
Target Corporation Chief Executive Officer Former
Target Corporation Chairman Former
YUM! Brands, Inc. Chair, Compensation Committee Former

Organization Position Status
Mediware Information Systems, Inc. Senior Vice President, Corporate Development Current
3M Company Current
Conmed Healthcare Management, Inc. Former
Digital Equipment Corporation Former
University of Minnesota B.A. In Agricultural Business Administration Former

Herbert L. Henkel was elected chairman of the Board of Directors of Ingersoll-Rand Company Limited in May 2000. Also, he retains his previous titles of president and chief executive officer of the company. Henkel came to Ingersoll Rand in April 1999 from Textron, Inc. where he was president and chief operating officer. Previously, he was president of Textron’s Industrial Products segment. Before that, he was group vice president with responsibility for Textron’s industrial segment. From 1987 to 1993, he was president of Greenlee Textron, a maker of tools for wire and cable installation and maintenance. Before joining Textron, Henkel was president and chief operating officer of Southern Fastening Systems and Unifast Industries, Inc. He had previously served as vice president of sales and marketing for Chicago Pneumatic Tool Company and Hilti, Inc. Henkel holds a bachelor of science degree in aerospace engineering and applied mechanics and a master of science degree in mechanical engineering from Polytechnic University. Also, he holds a master’s degree in business administration and an honorary doctorate degree in commercial science from Pace University. He is a director of C. R. Bard Inc. and 3M Company.

Organization Position Status
Ingersoll-Rand Company Limited President & Chief Executive Officer Current
Ingersoll-Rand Company Limited Chairman Current
C.R. Bard, Inc. Board of Directors Current
3M Company Board of Directors Current
Textron Inc. President, Industrial Products Former
Textron Inc. President & Chief Operating Officer Former
Hilti AG Vice President, Sales and Marketing, US Former
Polytechnic University M.S., Mechanical Engineering Former
Pace University M.B.A. Former
Polytechnic University B.S., Aerospace Engineering and Applied Mechanics Former

Organization Position Status
3M Company Chief Accounting Officer Current

Organization Position Status
3M Company national sales manager Current

Organization Position Status
3M Company Current
Hunter College of the City University of New York MA in Applied Mathematics Former
University of Haifa BA in Mathematics and Computer Science Former
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     MMM $82.60 +0.42 (0.51% )
Average Volume 3,451,510
Shares Outstanding 711.73M
Market Cap 58.8B
Year High 85.17
Year Low 45.6
Earnings Per Share 4.52
P/E Ratio 18.27
Dividend 2.10
Yield 2.54
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