RPM International Mourns the Passing of Former Chairman and CEO Thomas C. Sullivan
December 04 2020 - 3:32PM
Business Wire
RPM International Inc. (NYSE: RPM) today announced with profound
sadness that Thomas C. Sullivan, former chairman and CEO of RPM,
passed away peacefully on November 30, 2020, in Ohio. He was 83
years old.
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Thomas C. Sullivan, Sr. (Photo: Business
Wire)
Mr. Sullivan joined RPM, then known as Republic Powdered Metals,
in 1961 as a division sales manager before assuming leadership of
the company in 1971 following the sudden death of his father and
RPM founder, Frank C. Sullivan. Mr. Sullivan’s history with the
firm included election to vice president in 1967, assuming the role
of executive vice president in 1969, and being elected CEO and
chairman of the board in 1971. He stepped down as CEO in 2002, and
in October 2008, he retired after 37 years of serving as chairman,
but continued to serve as chairman emeritus until 2016. Under his
leadership, RPM grew to more than $2 billion in sales in 2002
through a combination of internal growth and acquisitions,
achieving record sales every year and record net income in nearly
every year as well.
Frank C. Sullivan, chairman and CEO of RPM, said, “It is with a
heavy heart that we share the news of Tom’s passing. He was an
exceptional and inspirational figure, and a wonderful father. Tom
shaped RPM’s corporate culture, established its core operating
principles and leaves an unmatched legacy of success, mentorship
and guidance that is carried on by our current management team. His
dedication, passion and entrepreneurial spirit will be dearly
missed.”
A celebration of Tom’s life will be held in Cleveland, Ohio, on
July 17, 2021. Due to Covid-19 restrictions, a private funeral mass
will be live streamed at 11 a.m. ET on Saturday December 5, 2020.
To participate use the following link:
https://boxcast.tv/view/tom-sullivan-funeral-396772.
About RPM
RPM International Inc. owns subsidiaries that are world leaders
in specialty coatings, sealants, building materials and related
services. The company operates across four reportable segments:
Consumer Group, Construction Products Group, Performance Coatings
Group and Specialty Products Group. RPM has a diverse portfolio
with hundreds of market-leading brands, including Rust-Oleum, DAP,
Zinsser, Varathane, Day-Glo, Legend Brands, Stonhard, Carboline,
Tremco and Dryvit. From homes and workplaces, to infrastructure and
precious landmarks, RPM’s brands are trusted by consumers and
professionals alike to help build a better world. The company
employs approximately 14,600 individuals worldwide. The company
employs approximately 14,600 individuals worldwide. Visit
www.RPMinc.com to learn more.
For more information, contact Russell L. Gordon, vice president
and chief financial officer, at 330-273-5090 or
rgordon@rpminc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201204005581/en/
Russell L. Gordon, vice president and chief financial officer,
at 330-273-5090 or rgordon@rpminc.com
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