RPM Appoints Andrew G. Polanco as VP – Manufacturing and Announces Retirement of Gordon M. Hyde

Rhea-AI Summary

RPM International Inc. (NYSE: RPM) has announced the appointment of Andrew G. Polanco as vice president of manufacturing, succeeding Gordon M. Hyde, who is retiring. Polanco, who joined RPM in 2016, has previously served as vice president of operations for both DAP and RPM Consumer Group. In his new role, he will oversee manufacturing and continuous improvement initiatives across all business segments, focusing on efficiency and sustainability. Hyde, who joined RPM in 1999, was instrumental in the implementation of their manufacturing excellence program. RPM operates in the specialty coatings and building materials sector, employing approximately 16,800 people worldwide.

Positive

• Appointment of Andrew G. Polanco as vice president of manufacturing brings experience in operations and purchasing.
• Focus on driving efficiencies and continuous improvement initiatives across all business segments.

Negative

• Retirement of Gordon M. Hyde may raise concerns about continuity in manufacturing leadership.

MEDINA, Ohio--(BUSINESS WIRE)-- RPM International Inc. (NYSE: RPM) today announced that Andrew G. Polanco has been appointed vice president – manufacturing for RPM. In line with this appointment, RPM today announced the retirement of Gordon M. Hyde, who previously served in this role.

RPM Appoints Andrew G. Polanco as VP – Manufacturing (Photo: Business Wire)

Polanco now leads manufacturing and continuous improvement initiatives across all RPM business segments. This includes driving manufacturing efficiencies, asset optimization and working capital improvement, as well as building a sustainable culture of continuous improvement that creates both manufacturing effectiveness and resiliency.

Polanco joined RPM as senior director of purchasing for its DAP business in 2016. He was promoted to vice president – operations at DAP in 2018 before being named vice president – operations for the RPM Consumer Group in 2019. Previously, Polanco held various leadership roles at Masco Corporation and Black & Decker, as well as private equity companies Horizon Group USA and Howard Berger Co. He holds a bachelor’s degree in management from the University of Phoenix and did his graduate studies at Loyola University Maryland.

Gordon M. Hyde joined RPM in 1999 as vice president – operations for Zinsser and subsequently held similar positions at RPM and its Wood Finishes Group before joining RPM Specialty Products Group in 2015. He was elected vice president – operations in 2018, and in 2021, his title was changed to vice president – manufacturing to indicate the role he played in the implementation of MS-168, RPM’s manufacturing excellence program.

“Gordy has been a driven and energetic leader. His role in the implementation of MS-168 was instrumental to the success of our 2020 MAP to Growth program and continues to support RPM’s growth through our MAP 2025 program,” stated Frank C. Sullivan, RPM chairman and CEO. “We thank Gordy for his extraordinary leadership and dedication to RPM, while welcoming Andy to this role. We are excited for the experience Andy brings and are confident he will continue to drive efficiencies and improvements across RPM’s manufacturing processes.”

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 of market-leading brands, including Rust-Oleum, DAP, Zinsser, Varathane, DayGlo, 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 16,800 individuals worldwide. Visit www.RPMinc.com to learn more.

For more information, contact Matt Schlarb, Senior Director of Investor Relations, at 330-273-5090 or mschlarb@rpminc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230120005007/en/

Matt Schlarb

Senior Director of Investor Relations

330-273-5090

mschlarb@rpminc.com

Source: RPM International Inc.

FAQ

Who is the new vice president of manufacturing for RPM International Inc.?

Andrew G. Polanco has been appointed as the new vice president of manufacturing.

What was the reason for Gordon M. Hyde's retirement at RPM?

Gordon M. Hyde is retiring after years of service, serving in various leadership roles since joining RPM in 1999.

What initiatives will Andrew G. Polanco focus on in his new role?

Polanco will lead manufacturing efficiencies, asset optimization, and a sustainable culture of continuous improvement.

When did Andrew G. Polanco join RPM International Inc.?

Polanco joined RPM in 2016 as senior director of purchasing for its DAP business.

What is RPM International Inc.'s core business?

RPM specializes in coatings, sealants, and building materials across multiple market segments.