DeSimone, who spent 43 years at the company, was chairman and CEO for much of the 1990s.
By Dee DePass dee.depass@startribune.com
Livio "Desi" DeSimone, who led 3M through a period of rapid change as chairman and CEO, died of cancer Tuesday at the age of 80.
DeSimone spent 43 years at 3M, serving as CEO and chairman of one of Minnesota's iconic companies from 1991 to 2001 and as a director from 1986 to 2001.
Current 3M CEO Inge Thulin praised DeSimone for guiding 3M through decades of growth and changing times.
"Desi was a bold leader who courageously guided 3M through the turbulent economic decade of the 1990s," Thulin said in a statement.
Thulin said DeSimone's accomplishments included strengthening 3M's portfolio through actions that included the spinoff of the imaging systems business that later became Imation, as well as making long-term investments in core technology platforms.
"Desi was a champion of the environment and demonstrated an unwavering commitment to sustainable business practices for 3M and the community," Thulin said.