RPM International (RPM) said Friday it has named David C. Dennsteadt as chief operating officer and president, effective immediately.
Dennsteadt joined RPM's Stonhard business in 1995 and most recently served as executive vice president, overseeing RPM's corporate administrative functions, the company said.
In his new role, RPM said Dennsteadt will be responsible for strategy and oversight of the company's operating groups, as well as corporate development activities.
Shares of RPM were down 1% in Friday trading.
Price: $105.21, Change: $-1.10, Percent Change: -1.03%