RPM increases quarterly dividend by 10.9% to $0.51; 51st consecutive annual increase
RPM INTERNATIONAL INC/DE/
Quarterly dividend raised to $0.51 per share, a 10.9% increase over prior $0.46; payable Oct 31, 2024 to holders of record Oct 18, 2024.
CEO Frank Sullivan cited record profitability and cash flow from MAP 2025 initiatives as driving the increase.
General Counsel Edward W. Moore to retire by end of 2024; Tracy D. Crandall elected VP, General Counsel, Chief Compliance Officer effective Oct 4, 2024.
Stockholders approved amendment to declassify the board, requiring annual director elections, with 80.2% of shares voted in favor.
Three directors re-elected: Bruce Carbonari, Jenniffer Deckard, Salvatore Fazzolari; Kirkland Andrews to step down in Jan 2025.
Tracy D. Crandall, formerly Vice President — Compliance and Sustainability, Associate General Counsel and Assistant Secretary of the Company, was elected Vice President, General Counsel, Chief Compliance Officer and Secretary.
On October 3, 2024, in connection with his upcoming retirement, Edward W. Moore resigned from his position as Senior Vice President, General Counsel, Chief Compliance Officer and Secretary of RPM International Inc. (the “Company”), and Tracy D. Crandall, formerly Vice President — Compliance and Sustainability, Associate General Counsel and Assistant Secretary of the Company, was elected Vice President, General Counsel, Chief Compliance Officer and Secretary. Effective as of October 4, 2024, Mr. Moore became Corporate Counsel for the Company.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Tracy D. Crandall was elected as Vice President, General Counsel, Chief Compliance Officer and Secretary at RPM INTERNATIONAL INC/DE/.
Action
elected
Role
Vice President, General Counsel, Chief Compliance Officer and Secretary
Exact text from the filing
Tracy D. Crandall, formerly Vice President — Compliance and Sustainability, Associate General Counsel and Assistant Secretary of the Company, was elected Vice President, General Counsel, Chief Compliance Officer and Secretary.
Edward W. Moore resigned as Corporate Counsel at RPM INTERNATIONAL INC/DE/.
Action
resigned
Role
Corporate Counsel
Exact text from the filing
On October 3, 2024, in connection with his upcoming retirement, Edward W. Moore resigned from his position as Senior Vice President, General Counsel, Chief Compliance Officer and Secretary of RPM International Inc. (the “Company”), and Tracy D. Crandall, formerly Vice President — Compliance and Sustainability, Associate General Counsel and Assistant Secretary of the Company, was elected Vice President, General Counsel, Chief Compliance Officer and Secretary. Effective as of October 4, 2024, Mr. Moore became Corporate Counsel for the Company.
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