Livio DeSimone, a Former 3M CEO, Dies at 80
January 18 2017 - 7:39PM
Dow Jones News
By James R. Hagerty
Livio DeSimone, a chemical engineer who served as chairman and
chief executive of 3M Co. in the 1990s, died Tuesday, the St. Paul,
Minn.-based company said. He was 80 years old.
Mr. DeSimone, known as "Desi," grew up in Montreal as a son of
Italian immigrants and earned a chemical engineering degree at
McGill University before joining 3M in 1957 and spending 43 years
at the company, whose myriad products include Scotch tape, Post-it
Notes and supplies used in making smartphones and computers. He
spoke five languages fluently and had overseas posts in Brazil and
Australia.
In 1995, Mr. DeSimone announced a spinoff of 3M's imaging and
data-storage businesses and the closure of units making videotape
and audiotape, sapped by overseas competition. He served as
chairman and CEO from 1991 to 2001.
Write to James R. Hagerty at bob.hagerty@wsj.com
(END) Dow Jones Newswires
January 18, 2017 19:24 ET (00:24 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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