Sherwin-Williams Shareholders Elect New Director

Rhea-AI Summary

Sherwin-Williams (NYSE: SHW) announced the election of Robert J. Gamgort to its Board of Directors at the company's Annual Meeting of Shareholders on April 16, 2025. Gamgort, 62, currently Executive Chairman of Keurig Dr Pepper, joins as the eighth independent director, bringing the total board membership to nine. He will also serve on the Board's Audit Committee.

Gamgort brings extensive consumer products industry experience, having served as Executive Chairman of Keurig Dr Pepper since 2022, and previously as its President and CEO from 2018 to 2024. His prior roles include CEO positions at Keurig Green Mountain (2016-2018) and Pinnacle Foods (2009-2016), along with leadership positions at Mars and Kraft Foods.

Positive

• Addition of experienced consumer products industry executive to the Board
• Strengthened Board oversight with expertise in customer success and global operations
• Maintains strong Board independence with 8 out of 9 directors being independent

Negative

• None.

Robert J. Gamgort, Executive Chairman of Keurig Dr Pepper Inc., joins the Board

CLEVELAND, April 16, 2025 /PRNewswire/ -- The Sherwin-Williams Company (NYSE: SHW) announced that Robert J. Gamgort was elected to the Board of Directors of Sherwin-Williams at the company's Annual Meeting of Shareholders today. Following the Annual Meeting, Sherwin-Williams' Board now consists of nine members, including eight independent directors. Mr. Gamgort was also appointed to the Audit Committee of the Board.

Mr. Gamgort, 62, currently serves as Executive Chairman of Keurig Dr Pepper Inc. (Nasdaq: KDP), a leading beverage company in North America.

"We are thrilled to welcome Bob to our Board of Directors," said Heidi G. Petz, Chair, President and Chief Executive Officer of Sherwin-Williams. "His depth of leadership experience in the consumer products industry will enable him to engage on a variety of matters relevant to Sherwin-Williams' relentless focus on customer success, overall business strategy, and global operations. 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. Gamgort has served as Executive Chairman of the Board of Directors of Keurig Dr Pepper since 2022, and prior to that, as Chairman since 2019. He also served as President and Chief Executive Officer of Keurig Dr Pepper from the company's inception in 2018 until April 2024. Prior to the formation of Keurig Dr Pepper, Mr. Gamgort was the Chief Executive Officer of Keurig Green Mountain, a role he assumed in 2016. Mr. Gamgort also served as the Chief Executive Officer of Pinnacle Foods from 2009 to 2016, and he held various leadership roles at Mars, Inc. from 1998 to 2009, and Kraft Foods from 1986 to 1997.

Mr. Gamgort received a bachelor's degree in economics from Bucknell University and an M.B.A. from the Kellogg Graduate School of Management at Northwestern University.

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
james.r.jaye@sherwin.com 

Eric Swanson
Vice President, Investor Relations
Sherwin-Williams
Direct: 216.566.2766
eric.r.swanson@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

FAQ

When did Robert Gamgort join Sherwin-Williams (SHW) Board of Directors?

Robert Gamgort joined Sherwin-Williams' Board of Directors on April 16, 2025, following his election at the company's Annual Meeting of Shareholders.

How many independent directors does Sherwin-Williams (SHW) now have on its Board?

Following Gamgort's election, Sherwin-Williams has eight independent directors out of a total of nine board members.

What is Robert Gamgort's current role at Keurig Dr Pepper?

Robert Gamgort currently serves as Executive Chairman of Keurig Dr Pepper, a position he has held since 2022.

What committee will Robert Gamgort serve on at Sherwin-Williams (SHW)?

Robert Gamgort was appointed to serve on the Audit Committee of Sherwin-Williams' Board of Directors.