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...

Current Market Cap

$17.36B

Number of Employees

17.21K

Total Compensation

2004 - 2008

Trending down by -36.06% last year
Showing total compensation for the last 2004 - 2008

Stock

Down by -48.27% last year

Salary

Up by 2.58% last year

Bonus

Up by 0.00% last year

Other

Up by 49.70% last year

Year

2008

Total Compensation

$2.34M

Salary

$795.00K

Board Justification

The compensation philosophy is to align executive compensation with the company's performance and to retain key leaders while providing competitive compensation.

Bonus

$0.00

Board Justification

No bonuses were awarded to named executive officers during fiscal 2008, although cash awards under the Incentive Plan were received.

Other

$79.40K

Board Justification

Other compensation includes contributions to the 401(k) plan, life insurance premiums, automobile allowances, and financial/estate planning services.

Restricted Stock

$1.46M(1.46M Restricted Stock and Performance Earned Restricted Stock (PERS))

Board Justification

The value of the vested stock includes restricted stock and performance earned restricted stock that vested during fiscal 2008.

Performance Metrics

Performance metrics for determining compensation include financial objectives such as net sales, net income, and earnings per share.

SEC Filing

From August 27, 2009