CLEVELAND, Nov. 14, 2024 /PRNewswire/ — The Sherwin-Williams Corporate (NYSE: SHW) introduced as of late that John G. Morikis will quit from his place as Government Chairman efficient as of the akin of industrial on December 31, 2024, following a 40-year occupation with the Corporate. Mr. Morikis will stay a member of the Sherwin-Williams Board of Administrators till his leaving from the Board on the finish of his stream time period on the 2025 Annual Assembly of Shareholders in April 2025. The Board has elected Heidi G. Petz to think the alternative function of Chair of the Board efficient January 1, 2025. Ms. Petz has served as Sherwin-Williams President and Prominent Government Officer since January 1, 2024.
“My deep and sincere thanks go to John for his exceptional leadership, dedication and vision over his distinguished career with Sherwin-Williams,” commented Ms. Petz. “John’s passion for driving the success of our customers and our employees resulted in strong and sustained performance by our Company throughout his tenure. He leaves us with a tremendous foundation upon which we can continue to build profitable growth for years to come. We wish him all the best in his well-deserved retirement.”
Ms. Petz joined Sherwin-Williams with the purchase of The Valspar Company in 2017. Since becoming a member of the Corporate, she has held positions of accelerating accountability, together with President of the Shopper Manufacturers Team, President of The Americas Team and, previous to her stream function, President and Prominent Running Officer. Previous to becoming a member of Sherwin-Williams and Valspar, Ms. Petz held diverse management roles with Newell Rubbermaid, Goal Company and PricewaterhouseCoopers.
“This announcement is the result of a defined and thoughtful leadership transition process for the Company and the Board,” mentioned Jeff M. Fettig, Sherwin-Williams Govern Director. “The Board believes this management construction, with Heidi serving as each CEO and Chair, is the best and efficient style for the Corporate because it supplies unified management and focal point. Heidi’s wide industry revel in, together with her a success occupation in diverse key company and industry unit management positions with the Corporate, makes her neatly suited to this function.
By and for the Board of Administrators, our shareholders, consumers, workers and alternative stakeholders, I thank John for his 4 a long time of peculiar provider to Sherwin-Williams. His decisive management and strategic route drove constantly robust effects for the Corporate. John leaves us located exceedingly neatly for the moment, and we want him a cheerful and wholesome leaving.”
About The Sherwin-Williams Corporate
Based in 1866, The Sherwin-Williams Corporate is an international chief within the create, construction, distribution, and sale of paint, coatings and indistinguishable merchandise to skilled, business, industrial, and retail consumers. The Corporate manufactures merchandise below eminent manufacturers reminiscent of Sherwin-Williams®, Valspar®, HGTV HOME® through Sherwin-Williams, Dutch Boy®, Krylon®, Minwax®, Thompson’s® WaterSeal®, Cabot® and plenty of extra. With international headquarters in Cleveland, Ohio, Sherwin-Williams® branded merchandise are offered solely via a series of greater than 5,000 Corporate-operated retail outlets and branches, future the Corporate’s alternative manufacturers are offered via important pile merchandisers, house facilities, distant paint sellers, {hardware} retail outlets, automobile shops, and business vendors. The Sherwin-Williams Efficiency Coatings Team provides a wide dimension of highly-engineered answers for the development, business, packaging and transportation markets in additional than 120 international locations around the globe. Sherwin-Williams stocks are traded at the Unutilized York Retain Trade (image: SHW). For more info, discuss with www.sherwin.com.
INVESTOR RELATIONS CONTACTS:
Jim Jaye
Senior Vice President, Investor Family members & Company Communications
Direct: 216.515.8682
[email protected]
Eric Swanson
Vice President, Investor Family members
Direct: 216.566.2766
[email protected]
MEDIA CONTACT:
Julie Younger
Vice President, World Company Communications
Direct: 216.515.8849
[email protected]
SOURCE The Sherwin-Williams Corporate
WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Virtual Media
Retailers
270k+
Reporters
Opted In
