Julie A. Lagacy Named to RPM Board of Directors;
Robert A. Livingston Nominated to Join RPM Board in October 2017;
Dr. Jerry Sue Thornton Retires from Board
MEDINA, Ohio July 18, 2017 RPM International Inc. (NYSE: RPM) today announced that it has appointed Julie A. Lagacy to its board of
directors effective immediately, and has nominated Robert A. Livingston as a director candidate for election to the board at RPMs annual stockholders meeting on October 5, 2017. Lagacy is vice president of global information
services and chief information officer at Caterpillar Inc., and Livingston is president and CEO of Dover Corporation.
Lagacy replaces Dr. Jerry Sue
Thornton, who retired from the RPM board today after nearly 18 years of service. Thornton is the retired president of Cuyahoga Community College, a position she held from 1992 to 2013. Jerry Sue brought tremendous perspectives on leadership,
management and community engagement to RPM, and I am grateful for her thoughtful guidance. During her tenure with RPM, sales grew from $1.7 billion in 1999 to approximately $5 billion today. Our shareholders were rewarded with an annual
dividend that increased from $0.465 per share to $1.20 per
share during that timeframe, stated Frank C. Sullivan, RPM chairman and CEO.
is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives with 2016 sales and revenues of $38.5 billion. It is publicly traded on the New York Stock Exchange
(NYSE). Lagacy joined Caterpillar in 1988 and has held management positions as product and commercial manager, human resources manager, chief financial officer of its Global Mining Division and vice president of the Finance Services Division. She
has served in her current role as vice president of global information services and chief information officer since 2014. Lagacy earned dual bachelors degrees in management and economics from Illinois State University, an MBA degree from
Bradley University and is a certified management accountant.
Dover is a diversified global manufacturer with annual revenues exceeding $7 billion.
It is publicly traded on the NYSE and has 29,000 employees worldwide. Dover provides equipment and components, specialty systems, software and digital solutions, and support services in the energy, engineered systems, fluids, and refrigeration and
food equipment markets. Livingston joined Dover in 1983 when it acquired K&L Microwave, where he served as vice president of finance. He went on to hold management positions of increasing responsibility with several Dover business units,
including serving as president and CEO of Dover Electronics, Inc. and Dover Engineered Systems, Inc. He was promoted to his current position as president and CEO of Dover Corporation in 2008. Livingston received a bachelors degree in business
administration from Salisbury University.
Julie and Bob have extensive experience in management, finance, strategy, technology, acquisitions and
capital allocation. I welcome the innovative ideas and perspectives that they will bring to drive RPMs growth and value for our stockholders, stated Sullivan.
RPM International Inc. (NYSE: RPM) owns subsidiaries that are world leaders in coatings, sealants, building materials and related services. From homes to precious landmarks worldwide, their brands are trusted by consumers and professionals alike to protect, improve and beautify. Among its leading consumer brands are Rust-Oleum, DAP and Zinsser. Learn more about RPM brands >>
RPM is a compelling long-term investment.
The percent by which RPM's 10-year total return has bested the S&P 500. More reasons >>
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