UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 22, 2021, Michael J. Laroche (age 39) was appointed Vice President, Controller and Chief Accounting Officer for RPM International Inc. (the “Company”), effective November 1, 2021. Mr. Laroche will succeed Keith R. Smiley, the Company’s current Vice President — Finance & Controller, who previously announced his plans to retire from the Company effective in October 2021.
Mr. Laroche currently serves as chief financial officer of the Company’s Specialty Products Group (“SPG”) operating segment. He joined SPG in 2016, and served as controller, and later vice president and controller, before becoming SPG’s chief financial officer. Before joining SPG, Mr. Laroche was a senior manager at PwC. He earned a bachelor’s degree in mathematics and a master’s degree in accounting from the State University of New York at Albany and is a certified public accountant.
In connection with his appointment, Mr. Laroche will receive a base salary of $275,000, subject to review and adjustment on an annual basis, and will be entitled to participate in the Company’s annual cash incentive plan and to receive grants under the Amended and Restated RPM International Inc. 2014 Omnibus Equity and Incentive Plan. The terms of these awards are expected to be consistent with those received by the Company’s other executive officers. Mr. Laroche will be eligible to participate in the Company’s benefit plans in accordance with the Company’s customary policies, and consistent with the Company’s other executive officers. Mr. Laroche will also be reimbursed for certain relocation costs.
Mr. Laroche has no family relationship with any director or executive officer of the Company and Mr. Laroche has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RPM International Inc. | ||||
| (Registrant) | ||||
| Date July 28, 2021 | ||||
| /s/ Edward W. Moore | ||||
| Edward W. Moore | ||||
| Senior Vice President, General Counsel and | ||||
| Chief Compliance Officer | ||||