Nance Named to Savoy Magazine’s 2021 Most Influential Black Corporate Directors List

Rhea-AI Summary

RPM International Inc. announced that board member Frederick R. Nance has been named to Savoy Magazine's 2021 Most Influential Black Corporate Directors list. Nance has been with RPM since 2007 and chairs its governance committee. Under his leadership, RPM's sales grew by 83% to $6.1 billion, and net income rose 141% to $502.6 million. Nance is the global managing partner at Squire Patton Boggs and has extensive legal and management experience, serving on various boards including the Greater Cleveland Partnership.

Positive

• Sales increased by 83% over the past 14 years to $6.1 billion.
• Net income rose by 141% to $502.6 million.
• Frederick Nance's leadership has been recognized, adding credibility to the board.

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• None.

MEDINA, Ohio--(BUSINESS WIRE)-- RPM International Inc. (NYSE: RPM) announced today that Frederick R. Nance, a member of the company’s board, has been named to Savoy Magazine’s 2021 Most Influential Black Corporate Directors list. He joined the RPM board of directors in 2007 and chairs its governance and nominating committee.

Frederick R. Nance, a member of the RPM International Inc.’s board, has been named to Savoy Magazine’s 2021 Most Influential Black Corporate Directors list. (Photo: Business Wire)

Nance has served as global managing partner of Squire Patton Boggs (U.S.) LLP since 2017, heading 45 offices across 20 countries, as well as the firm’s U.S. Sports & Entertainment practice. He is also an experienced trial litigator in federal and state courts. Nance joined the law firm after graduating from law school and became partner in 1987. He went on to serve as managing partner of its Cleveland office from 2002–2007 and as its regional managing partner from 2007–2017. In addition, Nance served two four-year terms on the firm’s global, seven-person management committee.

He also serves on the boards of the Greater Cleveland Partnership and the Cleveland Clinic. In October 2015, Nance was inducted into the Northeast Ohio Business Hall of Fame. He holds a bachelor’s degree from Harvard University and a J.D. degree from the University of Michigan.

“We proudly congratulate Fred on this achievement. His legal and global management expertise has been invaluable in driving RPM’s growth and success. During his nearly 14 years on the board, RPM’s sales have increased 83% to $6.1 billion and net income has climbed 141% to $502.6 million,” stated Frank C. Sullivan, RPM chairman and CEO. “We are grateful for his sound leadership and many contributions to our company.”

About RPM

RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company operates across four reportable segments: consumer, construction products, performance coatings and specialty products. RPM has a diverse portfolio with hundreds of market-leading brands, including Rust-Oleum, DAP, Zinsser, Varathane, Day-Glo, Legend Brands, Stonhard, Carboline, Tremco and Dryvit. From homes and workplaces, to infrastructure and precious landmarks, RPM’s brands are trusted by consumers and professionals alike to help build a better world. The company employs approximately 15,500 individuals worldwide. Visit www.RPMinc.com to learn more.

For more information, contact Russell L. Gordon, vice president and chief financial officer, at 330-273-5090 or rgordon@rpminc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210914005018/en/

Russell L. Gordon

vice president and chief financial officer

330-273-5090

rgordon@rpminc.com

Source: RPM International Inc.