07.09.18
RPM International Inc. announced a more streamlined senior leadership structure. The company said that, effective July 6, 2018, its group presidents will report directly to Chairman and CEO Frank Sullivan. As a result, President and Chief Operating Officer Ronald A. Rice has decided to take early retirement from the company.
“For more than two decades, Ron has been a valued member of our leadership team, and we appreciate his many contributions in making RPM the industry leader it is today,” Sullivan said. “Ron has played a critical role in overseeing our day-to-day operations and building our business, with annual revenues growing from $3.6 billion in fiscal 2008 to approximately $5 billion in fiscal 2017 while he served as President and Chief Operating Officer of the Company. We thank Ron for his outstanding leadership over the years and wish him all the best in his future successes.”
“For more than two decades, Ron has been a valued member of our leadership team, and we appreciate his many contributions in making RPM the industry leader it is today,” Sullivan said. “Ron has played a critical role in overseeing our day-to-day operations and building our business, with annual revenues growing from $3.6 billion in fiscal 2008 to approximately $5 billion in fiscal 2017 while he served as President and Chief Operating Officer of the Company. We thank Ron for his outstanding leadership over the years and wish him all the best in his future successes.”