Michael H. Sullivan is the CEO of RPM International, Inc., a company known for its various specialty coatings and sealants. He took the position after the successful completion of RPM's MAP to Growth program, which aimed to improve the company's...

Michael H. Sullivan is the CEO of RPM International, Inc., a company known for its various specialty coatings and sealants. He took the position after the successful completion of RPM's MAP to Growth program, which aimed to improve the company's operations. Notably, Michael's compensation package is significantly tied to performance metrics, emphasizing the importance of revenue growth and profit margins for the company's success. In 2023, his total compensation was about $11.7 million, including a salary, bonuses, and stock rewards for meeting performance goals. He has made considerable insider trading moves, notably selling shares valued at over $5 million in 2021, indicating confidence in the company’s direction. Michael also has strategic leadership experience, having previously served as Vice President of Operations and Chief Restructuring Officer before becoming CEO, showcasing his growth from operational roles to the top management position. Overall, his background reflects a hands-on approach to driving results and shareholder value.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other RPM International CEOs

R

Michael H. Sullivan

CEO of RPM International

Sector of Economy

Basic Materials

CEO of RPM International for

3 years 6 months (Oct 2021 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Michael H. Sullivan

P

Timothy M. Knavish

CEO of PPG Industries

2023 Compensation

Stock

$1.24M

Salary

$1.20M

Bonus

$2.21M

Other

$0.00

Total Holdings

$1.32M

A

Chris Villavarayan

CEO of Axalta Coating Systems

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$1.94M

Other

$356.06K

Total Holdings

$6.04M

A

Neil M. Ashe

CEO of Acuity Brands

2022 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$0.00

Other

$13.18K

Total Holdings

$70.87M

G

Mark W. Sheahan

CEO of Graco

2023 Compensation

Stock

$0.00

Salary

$985.00K

Bonus

$1.30M

Other

$26.76K

Total Holdings

$6.90M

M

Keith J. Allman

CEO of Masco

2023 Compensation

Stock

$11.02M

Salary

$1.27M

Bonus

$2.66M

Other

$214.78K

Total Holdings

$11.37M

I

E. Scott Santi

CEO of Illinois Tool Works

2022 Compensation

Stock

$0.00

Salary

$1.40M

Bonus

$0.00

Other

$0.00

Total Holdings

$70.26M

Holdings

See how much did Michael H. Sullivan make over time.

Michael H. Sullivan has actively engaged in insider trading, demonstrating strategic financial decisions as he navigated his role at RPM International. In 2021, he sold shares worth over $5 million, reflecting a strong belief in the company's prospects. His holdings...

Michael H. Sullivan has actively engaged in insider trading, demonstrating strategic financial decisions as he navigated his role at RPM International. In 2021, he sold shares worth over $5 million, reflecting a strong belief in the company's prospects. His holdings in RPM swelled significantly through performance awards and restricted stock sales, illustrating not just his leadership but also his vested interest in the company’s success. Despite fluctuations in stock values during his tenure, he has shown resilience and a proactive stance in managing his investments. Over the years, his wealth tied up in RPM has risen remarkably, peaking during 2021 when his net worth from stock holdings reached around $16 million, reflecting strong market confidence at that time.

Mar 17, 2025

R

shares

RPM @ $116.13

Insider Trading

See recent insider trades of Michael H. Sullivan.

RPM

6,197 shares

RPM

Jul 21, 2021

Received

RPM

5,457 shares

RPM

Jul 22, 2020

Received

Compensation History

See how much did Michael H. Sullivan make over time.

In 2023, Michael H. Sullivan's total compensation was about $11.7 million. This consisted of a base salary of $1.065 million, a cash bonus of $1.58 million based on performance metrics, and stock rewards valued at approximately $1.27 million that were also tied to the company’s performance goals. His compensation structure is designed to align his interests with those of RPM's shareholders, emphasizing results in revenue and profit margins. Prior years saw varying compensation amounts, with notable increases reflecting his influence in steering the company towards profitability. His compensation philosophy highlights performance, aligning executive pay with successful outcomes for both the company and its investors.

Year

2023

Total Compensation

$4.17M

Salary

$1.07M

Board Justification

The compensation philosophy is performance-based, aligning executive compensation with the achievement of strong operating and financial results that enhance stockholder value.

Bonus

$1.58M

Board Justification

Annual cash incentive compensation based on performance metrics for fiscal 2024, paid in July 2024.

Other

$250.54K

Board Justification

Includes 401(k) matching contributions, automobile allowance, life insurance premiums, matched charitable contributions, and financial consulting fees.

Restricted Stock

$1.27M(11.14K PERS)

Board Justification

Performance Earned Restricted Stock (PERS) awarded based on the level of attainment of fiscal 2024 performance goals, determined in July 2024.

Performance Metrics

Key performance metrics include EBIT margin, revenue growth, working capital ratio, and gross profit margin.

Other RPM International CEOs

Here are other CEOs of RPM International

Robert L. Matejka

Ex-CEO of RPM International

April 2010 - April 2012