At this meeting, the company will provide a comprehensive update on its operating improvement initiative, which has been named the 2020 MAP to Growth (Margin Acceleration Plan). The update will include details on:
- Operating margin targets;
- Capital allocation guidelines and capital return plans;
- Initiatives to increase operational efficiency;
- Actions to streamline the company’s operating structure and leadership;
- Metrics to track achievements relative to plan
The objective of the 2020 MAP to Growth initiative is to position RPM to be a larger and more valuable business, thus enhancing shareholder value and driving sustained growth.