The Sherwin-Williams Company Elects New Director
Richard J. Kramer, Chairman, CEO and President of Goodyear Tire & Rubber joins the Board
CLEVELAND, OHIO, April 19, 2012 - The Sherwin-Williams Company (NYSE: SHW) announced that Richard J. Kramer was elected to the Board of Directors of Sherwin-Williams at the company’s annual meeting. Mr. Kramer, 48, is Chairman of the Board, Chief Executive Officer and President of The Goodyear Tire & Rubber Company. Mr. Kramer was appointed to the Audit Committee of the Board.
“We are delighted to welcome Rich to our Board of Directors,” commented Chris Connor, Chairman and Chief Executive Officer of Sherwin-Williams. “Rich has demonstrated strong leadership for over 12 years at Goodyear, and his broad financial and international experience will serve the Board and our shareholders well. We look forward to his contributions to Sherwin-Williams for many years.”
Mr. Kramer has served as Chairman of the Board, Chief Executive Officer and President of Goodyear since 2010. Mr. Kramer joined Goodyear in 2000 and has held various positions including Chief Operating Officer; President, North American Tire; Executive Vice President and Chief Financial Officer; Senior Vice President, Strategic Planning and Restructuring; Vice President, Finance – North American Tire; and Vice President – Corporate Finance. Prior to joining Goodyear, Mr. Kramer was with PricewaterhouseCoopers LLP for 13 years. Mr. Kramer is also a Director of Goodyear and a Trustee of John Carroll University.
Founded in 1866, The Sherwin-Williams Company is a global leader in the manufacture, development, distribution, and sale of coatings and related products to professional, industrial, commercial, and retail customers.
With 32,000 associates and $8.76 billion in sales, S-W is the USA’s #1 paint and coatings company; #3 in the world.
The company manufactures products under well-known brands such as Sherwin-Williams®, Dutch Boy®, Krylon®, Minwax®, Thompson's® Water Seal®, Ronseal™, Becker Acroma™, Sayerlack®, Euronavy®, Altax™ and many more.
With global headquarters in Cleveland, Ohio, Sherwin-Williams® branded products are sold exclusively through a chain of more than 4,000 company-operated stores and facilities, while the company's other brands are sold through leading mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers, and industrial distributors.
The Sherwin-Williams Global Finishes Group delivers a wide range of products to the automotive refinishes, product finishes, and protective and marine markets in 116 countries around the world. For more information, visit www.sherwin.com.