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3M adds Coca-Cola Chairman and CEO Kent to board

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.

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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.

Copyright 2013 The Associated Press.

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