MEDINA, Ohio--(BUSINESS WIRE)--Mar. 1, 2018--
International Inc. (NYSE: RPM) today announced that its Rust-Oleum
Group will have new leadership. Edward J. Voorhees III, president of Rust-Oleum
North America, will take over as CEO of Rust-Oleum Group effective
today. He replaces Thomas E. Reed, who will assume the position of
chairman as he approaches his September retirement.
This press release features multimedia. View the full release here:
Edward J. Voorhees, CEO of Rust-Oleum Group (Photo: Business Wire)
Voorhees has served as president of Rust-Oleum North America for more
than 12 years, driving long-term strategy and building business
foundations. In this new role, he will look to provide the company
strategic and tactical direction on a global scale. Voorhees has been a
part of the Rust-Oleum team for more than 35 years, starting as a sales
rep on the East Coast. He earned a Bachelor of Arts degree in business
management from Adelphi University and completed the executive
development program at the University of Pennsylvania’s Wharton School
“It is tremendously satisfying to hand the reins over to Ed,” said Reed.
“As a person who has been by my side, as a partner, every step of the
way, he is truly and uniquely qualified to continue to lead the
sustained growth that Rust-Oleum has enjoyed over the last decade.”
Reed has served in many key positions since he joined Rust-Oleum in
1983. He became CEO and president in August 2006. He was responsible for
the day-to-day operations of all Rust-Oleum companies, leading the
charge on the company’s commitment to customer intimacy and innovation.
Reed is a graduate of the University of Wisconsin – La Crosse.
“At RPM, we place great emphasis on succession planning for our group
and operating company leaders, and anticipate a smooth and seamless
transition over the coming weeks,” stated Frank C. Sullivan, chairman
and CEO of RPM. “Tom has helped turn Rust-Oleum into one of our
best-known consumer brands and Ed is well suited to continue to lead the
business and drive its growth.”
For nearly a century, Rust-Oleum has been the global leader in
manufacturing innovative coatings that empower do-it-yourselfers and
professionals alike across categories including small project paints,
cleaners, primers, automotive, industrial, high performance coatings and
wood care. Its wide breadth of brands and products include such trusted
names as Rust-Oleum, Stops Rust®, Painter’s Touch®, Krud Kutter®,
Universal®, EpoxyShield®, RockSolid® Varathane®, Zinsser®, MultiSpec®,
Testors®, Modern Masters®, and Watco®. Visit rustoleum.com
for more information. Follow Rust-Oleum on LinkedIn,
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,
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,
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,
Wood Finishes, Mantrose-Haeuser,
Additional details can be found at www.rpminc.com
and by following RPM on Twitter at www.twitter.com/RPMintl.
For more information, contact Barry M. Slifstein, vice president –
investor relations, at 330-273-5090 or email@example.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180301005227/en/
Source: RPM International Inc.
RPM International Inc.Barry M. Slifstein, 330-273-5090Vice
President – Investor firstname.lastname@example.org
RPM International Inc. (NYSE: RPM) owns subsidiaries that are world leaders in coatings, sealants, building materials and related services. From homes to precious landmarks worldwide, their brands are trusted by consumers and professionals alike to protect, improve and beautify. Among its leading consumer brands are Rust-Oleum, DAP and Zinsser. Learn more about RPM brands >>
RPM is a compelling long-term investment.
The percent by which RPM's 10-year total return has bested the S&P 500. More reasons >>
Get the latest news and financial information on why RPM is a good investment Download investor kit >>