MEDINA, Ohio--(BUSINESS WIRE)--May 1, 2019--
RPM
International Inc. (NYSE: RPM) today announced that Craig Morford
has stepped down from his position on the RPM board of directors as a
result of his retirement from Cardinal Health and his acceptance of a
new executive position at a company in the energy industry that does not
have senior leaders serving on other public company boards.
“During his time as director, Craig’s business acumen and deep
experience in a variety of legal and compliance matters brought valuable
insight to our organization,” stated Frank C. Sullivan, chairman and CEO
of RPM. “We’re grateful for the significant contributions he made while
serving on RPM’s board for the past six years, and we wish him the best.”
Morford was elected to the RPM board of directors in 2013 after a
distinguished 20-year career with the U.S. Department of Justice, which
included an appointment by President George W. Bush as acting U.S.
deputy attorney general. In 2008, he joined Cardinal Health as chief
compliance officer and later became chief legal and compliance officer,
a position he has held for the past decade.
“Following Craig’s departure, our board will be comprised of 12 members.
With the recent appointments of Kirk Andrews and John Ballbach this past
year, we believe RPM’s board remains sufficiently staffed in the key
skill sets and expertise that are necessary for strong corporate
governance,” added Sullivan. “We don’t anticipate appointing any
additional board members at this time.”
About RPM
RPM International Inc. owns subsidiaries that are world leaders in
specialty coatings, sealants, building materials and related services
across three segments. RPM’s industrial products include roofing
systems, sealants, corrosion control coatings, flooring coatings and
other construction chemicals. Industrial companies include Stonhard,
Tremco,
illbruck,
Carboline,
Flowcrete,
Euclid
Chemical and RPM
Belgium Vandex. RPM's consumer products are used by professionals
and do-it-yourselfers for home maintenance and improvement and by
hobbyists. Consumer brands include Rust-Oleum,
DAP,
Zinsser,
Varathane
and Testors.
RPM’s specialty products include industrial cleaners, colorants,
exterior finishes, specialty OEM coatings, edible coatings, restoration
services equipment and specialty glazes for the pharmaceutical and food
industries. Specialty segment companies include Day-Glo,
Dryvit,
RPM
Wood Finishes, Mantrose-Haeuser,
Legend
Brands, Kop-Coat
and TCI.
Additional details can be found at www.RPMinc.com
and by following RPM on Twitter at www.twitter.com/RPMintl.
For more information, contact Russell L. Gordon, vice president and
chief financial officer, at 330-273-5090 or rgordon@rpminc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190501005894/en/
Source: RPM International Inc.
Russell L. Gordon, 330-273-5090
vice president and chief financial
officer
rgordon@rpminc.com
