RPM International Board Nominates Jenniffer Deckard to Replace Retiring Joseph Viviano
MEDINA, Ohio, Aug. 25, 2015 /PRNewswire/ -- RPM International Inc. (NYSE: RPM) said today that a new director nominee, Jenniffer D. Deckard, is included in the company's proxy statement for her election at its annual stockholders' meeting on October 8, 2015. Ms. Deckard is president and chief executive officer of Fairmount Santrol, a Chesterland, Ohio-based provider of high performance sand and sand-based products.
Fairmount Santrol (NYSE: FMSA) had $1.36 billion in sales and $170.4 million in net income for its prior fiscal year ended December 31, 2014. Ms. Deckard joined Fairmount Santrol (then known as Fairmount Minerals) in 1994 and shortly thereafter was named chief financial officer, where she focused on the company's capital structure, lender relationships, appreciative culture and employee engagement. She was promoted to president in January 2011 and became chief executive officer in 2013.
"We are delighted to have attracted the interest of Jenniffer Deckard as an RPM director. While she currently leads a large New York Stock Exchange company, for most of her career, Fairmount Santrol was a privately held business. Her experience in both the private and public company worlds makes her ideally suited for advising a company like RPM, which, while publicly traded, seeks entrepreneurial private companies in our acquisition program," stated Frank C. Sullivan, RPM chairman and chief executive officer. Ms. Deckard would serve on RPM's governance and nominating committee.
Ms. Deckard will replace Joseph P. Viviano, who is retiring from the RPM board at the annual meeting after serving on the board for 14 years. He retired as vice chairman from Hershey Foods Corporation in 2000, and had previously served as president and chief operating officer for Hershey. "Joe brought perspective on brand leadership, manufacturing and operations to RPM, and he also had the experience of selling a family-owned business to a large corporation, which made him a great asset to our business," Sullivan stated.
About RPM
RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services for both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Industrial companies include Stonhard, Tremco, illbruck, Carboline, Flowcrete, Day-Glo, Dryvit and Euclid Chemical. 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, DAP, Zinsser, Varathane and Testors. 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 protected].
Photo - http://photos.prnewswire.com/prnh/20150819/259789
SOURCE RPM International Inc.
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