Valspar Says Mansfield Will Retire, Hendrickson Named Chairman

The Valspar Corporation VAL today announced that its Board of Directors elected Gary E. Hendrickson, Valspar's president and chief executive officer, to the additional role of chairman of the board, effective immediately. Hendrickson succeeds William L. Mansfield, who is retiring from the Board of Directors after serving as chairman since August 2007, as chief executive officer from 2005 to 2011 and as president from 2005 to 2008.