Thomas L.
Williams, Executive Chairman of Parker-Hannifin
Corporation,
joins the Board
CLEVELAND, July 19,
2023 /PRNewswire/ -- The Sherwin-Williams Company
(NYSE: SHW) announced that its Board of Directors elected
Thomas L. Williams to the Board,
effective yesterday. Mr. Williams also was appointed to the
Compensation and Management Development Committee of the Board.
Sherwin-Williams' Board now consists of ten members, including nine
independent directors.
Mr. Williams, 64, currently serves as Executive Chairman of
Parker-Hannifin Corporation. Parker-Hannifin is a leading worldwide
diversified manufacturer of motion and control technologies and
systems, providing precision engineered solutions for a wide
variety of mobile, industrial and aerospace markets.
"We are pleased to have Tom join our Board of Directors," said
John G. Morikis, Chairman and Chief
Executive Officer of Sherwin-Williams. "Tom has long been an
established leader with more than 30 years of global experience in
the industrial sector. In particular, his extensive and diverse
operations expertise gained over the course of his career will
provide invaluable perspective to the Board. We look forward to his
contributions to the Board, our Company and our employees,
customers, shareholders and other stakeholders in the years to
come."
Mr. Williams has served as Chairman of the Board of
Parker-Hannifin since January 2016.
He also served as Chief Executive Officer of Parker-Hannifin from
February 2015 until his recent
retirement from the position on January 1,
2023. He will retire as Executive Chairman on December 31, 2023. Mr. Williams previously served
as Executive Vice President of Parker-Hannifin from August 2008 to February
2015 and Operating Officer from November 2006 to February
2015. Prior to joining Parker-Hannifin in 2003, Mr. Williams
spent 22 years at General Electric, where he held key management
positions in several business groups.
Mr. Williams received a Bachelor of Science degree in mechanical
engineering from Bucknell University,
and an MBA from Xavier University. Mr.
Williams is also a director of The Goodyear Tire & Rubber
Company.
About The Sherwin-Williams Company
Founded in 1866, The Sherwin-Williams Company is a global leader
in the manufacture, development, distribution, and sale of paint,
coatings and related products to professional, industrial,
commercial, and retail customers. The Company manufactures products
under well-known brands such as Sherwin-Williams®,
Valspar®, HGTV HOME® by Sherwin-Williams,
Dutch Boy®, Krylon®, Minwax®,
Thompson's®
WaterSeal®, Cabot® and many more. With global
headquarters in Cleveland, Ohio,
Sherwin-Williams® branded products are sold exclusively
through a chain of more than 5,000 Company-operated stores and
branches, while the Company's other brands are sold through leading
mass merchandisers, home centers, independent paint dealers,
hardware stores, automotive retailers, and industrial distributors.
The Sherwin-Williams Performance Coatings Group supplies a broad
range of highly-engineered solutions for the construction,
industrial, packaging and transportation markets in more than 120
countries around the world. Sherwin-Williams shares are traded on
the New York Stock Exchange (symbol: SHW). For more information,
visit www.sherwin.com.
Investor Relations Contacts:
Jim Jaye
Senior Vice President, Investor Relations & Corporate
Communications
Sherwin-Williams
Direct: 216.515.8682
Investor.Relations@sherwin.com
Eric Swanson
Vice President, Investor Relations
Sherwin-Williams
Direct: 216.566.2766
Investor.Relations@sherwin.com
Media Contact:
Julie Young
Vice President, Global Corporate Communications
Sherwin-Williams
Direct: 216.515.8849
corporatemedia@sherwin.com
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SOURCE The Sherwin-Williams Company