MEDINA, OH – RPM International Inc. announced a more streamlined senior leadership structure as part of initiatives to drive greater operating efficiency across the organization. As of July 6, the company's Group Presidents will report directly to Chairman and Chief Executive Officer Frank Sullivan. As a result, President and Chief Operating Officer Ronald A. Rice has decided to take early retirement from the company.
Sullivan commented, "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. 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 $5.0 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."