As a result, total fiscal 2017 compensation, as set forth in the Summary Compensation Table, decreased compared to total
fiscal 2016 compensation for all of our named executive officers.
Fiscal 2017 Corporate Governance Highlights
We place a high priority on maintaining good governance standards, including the oversight of our executive compensation policies and practices. The following policies
and practices were in effect during fiscal 2017:
Consideration of Last Years Say on Pay Vote
Following our Annual Meeting of Stockholders in October 2016, the Compensation Committee reviewed the results of the stockholder advisory vote on executive compensation
that was held at the meeting with respect to the fiscal 2016 compensation actions and decisions for Mr. Sullivan and the other named executive officers. Ninety-seven percent (97%) of the votes cast on the say-on-pay proposal last year were voted in support of the compensation of our named executive officers set forth in the Compensation Discussion and Analysis, the Summary Compensation Table and
the related compensation tables and narratives in last years Proxy Statement. The Compensation Committee will continue to consider results from future stockholder advisory votes, as well as input from its stockholders, in its ongoing
evaluation of the Companys executive compensation programs and practices.
Opportunity for Stockholder Feedback
The Compensation Committee carefully considers feedback from our stockholders regarding our executive compensation program. Stockholders are invited to express their
views to the Compensation Committee as described under the heading Communications with the Board of Directors in this Proxy Statement. In addition, the advisory vote on the compensation of the named executive officers provides
stockholders with an opportunity to communicate their views on our executive compensation program.
You should read this Compensation Discussion and Analysis in
conjunction with the advisory votes that we are conducting on the compensation of the named executive officers (see Proposal Two Advisory Vote on Executive Compensation and Proposal Three Advisory
Vote on the Frequency of Future Advisory Votes on Executive Compensation). This Compensation Discussion and Analysis, as well as the accompanying compensation tables, contains information that is relevant to your voting decisions.
RPMs compensation programs are designed to support our
Our general compensation philosophy is performance-based in that our executive officers
should be well compensated for achieving strong operating and financial results that contribute to enhanced stockholder value. We engage in a rigorous process intended to provide our executive officers a fair level
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 >>
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