3M appoints board member Michael L Eskew as lead director
Nov 13, 2012 (M2 EQUITYBITES via COMTEX) --
Tecnology company 3M (NYSE:MMM) announced on Monday that a member of the board of directors, Michael L Eskew, has been elected as lead director, with immediate effect.
Eskew will succeed Vance D Coffman, who will remain on the board. Eskews role will be to facilitate information flow and communication between the directors and the chairman, lead executive sessions of 3M's independent directors and duties specified in the board's Governance Guidelines.
Currently Eskew serves on the boards of IBM, Eli Lilly and Co and United Parcel Service (UPS) where he previously he served as chairman of the board and CEO until his retirement.
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