Heidi Petz becomes CEO of Sherwin-Williams

US paint manufacturer and distributor Sherwin-Williams has announced a change at the top. As of 1 January 2024, Heidi Petz (48) will occupy the position of CEO. She will assume the CEO duties currently held by chairman and CEO John G. Morikis. Heidi Petz has served as president and chief operating officer of Sherwin-Williams for the last two years and will continue to serve as president. After serving as CEO since 2016, John Morikis will continue to serve as executive chairman. In addition, the board increased its size from ten to eleven members and elected Heidi Petz to fill the resulting vacancy with effect from 10 October 2023. Prior to serving as the company's president and COO, Heidi Petz served as president of The Americas Group and previous to that role, she was president of the Consumer Brands Group. She joined Sherwin-Williams in June 2017 in connection with the Valspar acquisition. Prior to joining Valspar in 2013, she held various leadership positions with Target Corporation, Newell Rubbermaid and Price Waterhouse Coopers.