Monster Energy Colouring In

George wants to leave, he seeks his successor

George whose mandate was to continue to 3M until 2012, its 65 years, suddenly announced that he would willingly go next year 2011.

That is almost next month.

Big panic in St. Paul, and the list of those who want to be caliph instead of the caliph lengthens. They are three on the short list: The boss of the international Inge Thulin, boss of the health business, Brad Sauer and a small french Jean Lobey, head of Safety and Security business. It will stir strong as the Famous specialty item is $ 15 million / year plus benefits.

So why the sudden decision is due by George Go: disappointment at the recent remarks of Wall Street economists on the performance of 3M and will take advantage of $ 15 million annually, plus a bonus of departure for services (known as 2 years' salary). We think it is against George retirement at age 65. That
all links = Twin Cities Wall Street Journal , Star Tribune

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