Thomas C. Sullivan has had a long career with RPM International, serving as CEO for 37 years until his retirement in 2008. He started at the company in 1961 as a divisional sales manager and quickly climbed the ranks to...
Thomas C. Sullivan has had a long career with RPM International, serving as CEO for 37 years until his retirement in 2008. He started at the company in 1961 as a divisional sales manager and quickly climbed the ranks to become vice president in 1967, executive vice president in 1969, and then CEO in 1971. Under his leadership, Sullivan saw RPM's revenue grow significantly, backed by strong performance metrics that included increases in sales and net income. He's known for aligning executive compensation with company performance, which reflects a commitment to driving results. Interestingly, his total compensation averaged over $3 million annually during his later years, highlighting the company's financial health. Sullivan's insider trading showed consistent investments in RPM stock, indicating his confidence in the company’s future. After stepping down as CEO, he remained as chairman of the board, continuing to influence the company’s direction. His professional background is a testament to a lifetime in the industry, showcasing leadership and dedication to RPM International.