W. James Farrell Elected to 3M Board of Directors
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3M Touch Systems, Inc.
300 Griffin Brook Park Dr.
Methuen, MA, 01844
Press release date: August 15, 2006
August 15, 2006 02:00 PM Eastern Time
ST. PAUL, Minn.---Aug. 15, 2006--3M (NYSE:MMM) announced today that the Board of Directors elected W. James Farrell, 64, retired chairman, Illinois Tool Works Inc. (NYSE:ITW), to the Board of Directors. The board has determined that Farrell is an independent director under the New York Stock Exchange listing standards and the board's independence guidelines. Farrell has been appointed to serve on the board's audit and finance committees. "We are extremely pleased to welcome Mr. Farrell to our board," said George W. Buckley, 3M chairman, president and chief executive officer. "He is a talented and proven global business leader, and will bring valuable insight and management experience to the board and our company."
Farrell served as chairman of ITW, a Fortune 200 diversified manufacturing company, from 1996 to 2006 and chief executive officer from 1995 to 2005.
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