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CLEVELAND - Sherwin-Williams Company (NYSE:SHW) announced Monday that Benjamin E. Meisenzahl, 44, will become its next Chief Financial Officer effective January 1, 2026. Meisenzahl, who currently serves as Senior Vice President of Finance, will succeed Allen J. Mistysyn, 57, who will transition to a short-term role before retiring after 35 years with the company. The leadership change comes as the $85 billion market cap paint manufacturer maintains its "GOOD" financial health rating according to InvestingPro data.
Meisenzahl brings 22 years of experience at Sherwin-Williams to the position, including leadership of the company’s Treasury, Tax, Finance Transformation and Global Business Services functions in his current role. His career at the company has included positions in the Paint Stores Group, Performance Coatings Group and Global Supply Chain.
"Ben is a dedicated, highly capable and globally experienced Sherwin-Williams executive who is extremely well-prepared to be the next CFO," said Heidi G. Petz, Chair, President and Chief Executive Officer of Sherwin-Williams.
Mistysyn served as CFO during several significant periods for the company, including the acquisition and integration of Valspar, the global pandemic, and supply chain challenges. During his tenure as CFO, the company’s market capitalization more than tripled.
Meisenzahl will report directly to Petz and join a senior leadership team with an average of 26 years of experience at the company. He holds a bachelor’s degree in finance from Miami University of Ohio.
The company will hold a conference call to discuss the announcement on Tuesday, November 4.
Sherwin-Williams, founded in 1866, manufactures and sells paint and coating products under brands including Sherwin-Williams, Valspar, and Minwax. The company operates more than 5,400 stores and branches globally.
This announcement was made in a company press release.
In other recent news, Sherwin-Williams reported a robust performance for the third quarter of 2025, with both earnings and revenue surpassing expectations. The company’s earnings per share (EPS) came in at $3.59, exceeding the forecasted $3.45, which represents a 4.06% positive surprise. Revenue also outperformed estimates, reaching $6.36 billion compared to the projected $6.2 billion. BofA Securities responded to these results by raising its price target for Sherwin-Williams to $371 from $368, while maintaining a Neutral rating. The company has shown significant growth in its core paint stores business, outpacing underlying demand. These developments reflect a return to year-over-year growth in earnings after a weaker second quarter. Sherwin-Williams’ performance indicates strong investor confidence, as seen in the market’s reaction following the earnings announcement.
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