PITTSBURGH--(BUSINESS WIRE)--Feb. 19, 2015--
PPG Industries (NYSE:PPG) today announced the appointment of Michael H.
McGarry, currently chief operating officer, to president and chief
operating officer, effective March 1. McGarry became chief operating
officer in August 2014.
McGarry will continue to have executive oversight responsibility for all
of PPG’s strategic business units and operating regions and for the
information technology (IT), environment, health and safety (EH&S), and
purchasing functions. He will remain based at PPG’s global headquarters
in Pittsburgh and will continue to report to Chairman and CEO Charles E.
Bunch.
“Michael’s appointment to president recognizes his continued leadership
in driving PPG’s growth as the world’s largest coatings company,” Bunch
said. “Michael has played a key role in important strategic actions,
including PPG’s acquisition and successful integration of AkzoNobel’s
North American architectural coatings business and the recently
completed acquisition of Consorcio Comex. Michael’s proven ability to
lead the implementation of our global business strategies will continue
to be important in delivering increased shareholder value.”
During his 34 years with PPG, McGarry has served in a variety of key
business and functional leadership roles in the United States, Europe
and Asia. In addition, he helped lead several strategic actions that
have transformed PPG’s business portfolio, most notably the acquisition
of SigmaKalon; the separation of PPG’s former commodity chemicals
business; the acquisition and integration of AkzoNobel’s North American
architectural coatings business; and, most recently, the acquisition of
Consorcio Comex, S.A. de C.V.
McGarry joined PPG in 1981 as an engineer at the company’s Lake Charles,
Louisiana, chemicals complex. He then progressed through a series of
management assignments of increasing responsibility, including market
development manager, silica products; operations manager, silicas,
Thailand; business manager, TESLIN® sheet; and product manager in the
derivatives, chlorine, liquid and dry caustic soda businesses.
He was named general manager, fine chemicals, in 2000, and vice
president, chlor-alkali and derivatives, in 2004. McGarry was elected
vice president, coatings, Europe, and managing director, PPG Europe, in
2006, and senior vice president, commodity chemicals, in 2008. He was
named executive vice president in September 2012. In this role, his
leadership responsibilities included the automotive refinish, aerospace,
global architectural, and protective and marine coatings businesses, as
well as the Europe, Middle East and Africa (EMEA) and Asia Pacific
regions, and the EH&S and IT functions.
McGarry also serves as a director on the boards of Axiall Corporation
(NYSE:AXLL) and Pittsburgh Glass Works LLC.
PPG: BRINGING INNOVATION TO THE SURFACE.™
PPG Industries' vision is to continue to be the world’s leading coatings
and specialty materials company. Through leadership in innovation,
sustainability and color, PPG helps customers in industrial,
transportation, consumer products, and construction markets and
aftermarkets to enhance more surfaces in more ways than does any other
company. Founded in 1883, PPG has global headquarters in Pittsburgh and
operates in nearly 70 countries around the world. Reported net sales in
2014 was $15.4 billion. PPG shares are traded on the New York Stock
Exchange (symbol:PPG). For more information, visit www.ppg.com
and follow @PPGIndustries
on Twitter.
Bringing innovation to the surface is a trademark and Teslin is
a registered trademark of PPG Industries Ohio, Inc.
NOTE TO EDITORS: Photo is available upon request.
Source: PPG Industries, Inc.
PPG Industries, Inc.
Media:
Mark Silvey, PPG Corporate
Communications, 412-434-3046
silvey@ppg.com
or
Investors:
Vince
Morales, PPG Investor Relations, 412-434-3740
vmorales@ppg.com