3M's Ursu Announces Retirement; Cleary, Gottlieb Partner Named Senior Vice President, Legal...

Business Editors

ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 19, 2002

W. James McNerney, Jr., chairman of the board and CEO, 3M, announced today that Richard Ziegler, a partner in the New York City office of Cleary, Gottlieb, Steen and Hamilton, will become senior vice president,

Ziegler will replace John Ursu, who announced his intention to retire in the first quarter of 2003, after a 30-year career with 3M.

"John Ursu has been a key member of the 3M leadership team and has provided invaluable counsel," said McNerney. "While we will miss John's exemplary leadership, we are excited that Rich Ziegler will be joining 3M."

"Rich's experience, integrity and energy match perfectly with 3M's pace, values and direction," he said.

Mr. Ziegler, 53, joined the New York City office of Cleary, Gottlieb, Steen and Hamilton, one of the nation's most respected international law firms, in 1980, and was named partner in 1983. Currently, he is coordinator of their Litigation Practice Group and has served as a member of the firm's Executive Committee. He also has chaired the New York State Bar Association's Committee on Professional Ethics.

Prior to joining Cleary, Gottlieb, Ziegler was an Assistant U.S. Attorney in the Southern District of New York. He also has served as a legislative assistant in the U.S. Congress in Washington, D.C.

Ziegler graduated summa cum laude from Yale University in 1971 and magna cum laude from Harvard Law School in 1975.

About 3M

3M is a $16 billion diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses. Headquartered in St. Paul, Minnesota, the company has operations in more than 60 countries and serves customers in nearly 200 countries. 3M, which marks its 100th anniversary this year, is one of the 30 stocks that make up the Dow Jones Industrial Average and also is a component of the Standard & Poor's 500 Index. For more information about 3M, go to www.3M.com/profile/pressbox/index.jhtml.