Medina, Ohio -- RPM International announced a more streamlined senior leadership structure as part of the initiatives underway to drive greater operating efficiency across the organization. According to the company, effective as of July 6, its group presidents will report directly to Frank Sullivan, chairman and CEO. As a result, Ronald A. Rice, president and COO, has decided to take early retirement.

“For more than two decades, Ron has been a valued member of our leadership team, and we appreciate his many contributions in making RPM the industry leader it is today,” said Sullivan. “Ron has played a critical role in overseeing our day-to-day operations and building our business, with annual revenues growing from $3.6 billion in fiscal 2008 to approximately $5.0 billion in fiscal 2017 while he served as president and COO of the company. We thank Ron for his outstanding leadership over the years and wish him all the best in his future successes.”

For more information, visit www.rpminc.com.