The Sherwin-Williams Company (NYSE:SHW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed, Thomas G. Kadien, a member of the Board of Directors (“Board”) of The Sherwin-Williams Company (“Sherwin-Williams”), will be retiring from his position as Senior Vice President of International Paper Company (“International Paper”). to Sherwin-Williams’ Corporate Governance Guidelines, a director is required to tender his resignation when the director’s principal occupation or business association substantially changes. Accordingly, Mr. Kadien submitted his resignation to the Nominating and Corporate Governance Committee in connection with his pending retirement from International Paper.
On March 28, 2017, based on the recommendation of the Nominating and Corporate Governance Committee, the Board decided to accept Mr. Kadien’s resignation, effective immediately.
Mr. Kadien joined the Board in October 2009. Sherwin-Williams would like to thank Mr. Kadien for his leadership, guidance and counsel during his tenure, which has been of great benefit to the Board, Sherwin-Williams and its shareholders.
2
About The Sherwin-Williams Company (NYSE:SHW)
The Sherwin-Williams Company (Sherwin-Williams) is engaged in the development, manufacture, distribution and sale of paint, coatings and related products. The Company’s segments are Paint Stores Group, Consumer Group, Global Finishes Group, Latin America Coatings Group and Administrative. The Paint Stores Group markets and sells Sherwin-Williams branded architectural paint and coatings, protective and marine products, original equipment manufacturer (OEM) product finishes and related items. The Consumer Group segment manufactures and distributes a range of paint, coatings and related products. The Global Finishes Group develops, licenses and manufactures a range of protective and marine products, automotive finishes and refinish products, OEM product finishes and related products. The Latin America Coatings Group develops, licenses, manufactures and distributes a range of architectural paint and coatings, protective and marine products, OEM product finishes and related products. The Sherwin-Williams Company (NYSE:SHW) Recent Trading Information
The Sherwin-Williams Company (NYSE:SHW) closed its last trading session up +1.47 at 310.94 with 327,763 shares trading hands.