MEDINA, Ohio, Nov. 10, 2015 /PRNewswire/ -- RPM
International Inc. (NYSE: RPM) today announced that John J. McLaughlin will take on a new role
within RPM as a senior vice president. He has led RPM's DAP Group
as president and CEO for 22 years. Terry
Horan, DAP executive vice president of sales and marketing,
will replace McLaughlin as president and CEO. These promotions will
be effective December 15, 2015. Both
McLaughlin and Horan will report directly to Ronald A. Rice, RPM president and chief
operating officer.
In his new role, McLaughlin will be responsible for achieving
manufacturing, supply chain, logistical and operational
efficiencies at RPM's more than 50 operating companies around the
world. He will also lead the strategic connections initiative
between RPM business units that is leading to growth opportunities
and cost reductions.
"John is a highly skilled business leader and has been the
entrepreneurial force behind DAP for nearly 30 years," stated
Frank C. Sullivan, RPM chairman and
chief executive officer. "We look forward to having him put his
unique talents to work for RPM on a broader scale as he unlocks
value in our operations and drives collaboration between our
companies worldwide."
McLaughlin joined DAP in 1986 and held various sales and
management positions until being named president and CEO in 1994.
He previously was with multinational consumer products company
Procter & Gamble and global pharmaceutical corporation
Bristol-Myers Squibb. McLaughlin holds a bachelor's degree in
business administration and marketing from Northeastern University.
Prior to joining DAP, Horan served as president of The Master
Lock Company and president and CEO of Robert Bosch Tool
Corporation, North America. He
also spent 11 years with another RPM business unit, Rust-Oleum
Corporation. During his tenure at Rust-Oleum, he held positions of
increasing responsibility, including the role of senior vice
president of marketing, which he held for five years. He began his
career in 1986 with Skil Corporation where he spent eight years in
sales and management positions. Horan earned a bachelor's degree in
marketing from Northern Illinois
University and a MBA from the University of Notre Dame Mendoza College of Business.
"A veteran of the home improvement industry in North America with nearly 30 years of
experience, Terry has strong consumer product sales, marketing and
general management expertise. DAP is one of our best known consumer
brands and Terry is well suited to lead the business and drive its
growth," stated Sullivan.
About RPM
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, Tremco, illbruck,
Carboline, Flowcrete, 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. 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,
Dryvit, RPM Wood Finishes, Mantrose-Haeuser, RPM Belgium, Legend
Brands, Kop-Coat, and TCI. 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 bslifstein@rpminc.com.
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SOURCE RPM International Inc.