RPM International Adds Three New Board Members

By Tamara Parker • Saturday, January 18 10:18 • Permanent Link

RPM International Inc. (NYSE: RPM) has appointed three new members to its board of directors, reflecting the company's commitment to enhancing its governance and leadership capabilities. Craig S. Morford, Christopher L. Mapes, and Julie A. Beck have joined the board, bringing with them extensive experience and expertise in various fields.

Craig S. Morford, who recently retired as the general counsel and corporate secretary at ExxonMobil Corporation, brings over four decades of experience in legal and compliance functions. He will serve on RPM's corporate governance & nominating committee.

Christopher L. Mapes, the former executive chair of Lincoln Electric, has over 30 years of experience in industrial manufacturing and global growth initiatives. He will bring his operational insight to RPM's board and will serve on the compensation committee.

Julie A. Beck, the senior vice president and chief financial officer of Terex Corporation, will join the board in April 2025. With over 30 years of financial leadership experience, her expertise in global finance and strategic planning will be valuable as RPM advances its financial and operational strategies. She will serve on RPM's audit committee.

Frank C. Sullivan, Chairman & CEO of RPM International Inc., expressed enthusiasm about the new appointments, emphasizing that their combined expertise in leadership, governance, manufacturing, and financial strategy will bring critical perspectives to the board as the company continues to execute its strategic priorities and deliver long-term value for its shareholders.

RPM International Inc. is a world leader in specialty coatings, sealants, building materials, and related services. The company operates across four reportable segments: consumer, construction products, performance coatings, and specialty products. RPM's diverse portfolio includes market-leading brands such as Rust-Oleum, DAP, Zinsser, and Tremco. The company is ranked on the Fortune 500® and employs approximately 17,200 individuals worldwide. The market has reacted to these announcements by moving the company's shares 0.5% to a price of $126.52. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.