Latest News
7/20/2018
PPG Appoints William Schaupp as Vice President and Controller
7/20/2018
PPG Appoints Anne M. Foulkes as Senior Vice President, General Counsel and Secretary
7/19/2018
PPG Reports Second Quarter 2018 Financial Results
7/19/2018
PPG Directors Approve Seven-Percent Dividend Increase to 48 Cents Per Share
7/17/2018
PPG Appoints Malesia Dunn, Executive Director, PPG Foundation and Corporate Global Social Responsibility
7/16/2018
PPG Announces Leadership Appointments
7/16/2018
PPG to supply windshields, cockpit side windows for Dassault Falcon 6X business jet
7/13/2018
PPG launches enhanced battery-powered aerospace sealant dispensing tool
7/11/2018
PPG DESOTHANE HD 9008 mica basecoat-clearcoat qualified by Airbus
7/10/2018
PPG Marks 135th Anniversary of Its Founding With NYSE Closing Bell Ceremony
7/9/2018
PPG family of aerospace sealants cured with ultraviolet light undergoing qualification
7/6/2018
PPG-sponsored Tasca Racing returns to New England
7/6/2018
PPG introduces next-generation PPG ENVIRO-PRIME 8000 electrocoat in China
7/5/2018
PPG again teams with Speedway Children’s Charities for Track Walk
7/2/2018
PPG Completes COLORFUL COMMUNITIES Project at TLC Learning Center in Pittsburgh’s North Side Area
7/2/2018
PPG Completes COLORFUL COMMUNITIES Project at the Mix Youth Centre in Stowmarket, UK
6/29/2018
PPG to Announce Second Quarter 2018 Results July 19
6/28/2018
PPG completes internal investigation and files restated financial reports
6/27/2018
PPG begins preliminary windshield design for Antonov AN-132 aircraft
6/21/2018
PPG completes COLORFUL COMMUNITIES project at Park High School in Minnesota
6/20/2018
PPG announces price increase on industrial coatings products in North America
6/19/2018
PPG appoints Amy Ericson as senior vice president, packaging coatings
6/12/2018
PPG announces leadership appointments
More News |
PPG Appoints Anne M. Foulkes as Senior Vice President, General Counsel and Secretary
PPG has appointed Anne M. Foulkes (photo left), currently vice president, associate general counsel and secretary, as senior vice president, general counsel and secretary, effective Aug. 1. She will immediately join the company’s operating and executive committees, reporting to PPG chairman and CEO, Michael H. McGarry. In this role, Foulkes will succeed Glenn Bost (photo right), current senior vice president and general counsel, who has announced his intent to retire. Effective Aug. 1, Bost will serve as senior vice president, law, compliance and special projects, to ensure a smooth transition of general counsel responsibilities and oversee certain projects for the company.
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PPG Appoints William Schaupp as Vice President and Controller
PPG has appointed William E. Schaupp, currently assistant controller and acting controller, as vice president and corporate controller, effective July 19, 2018.
Schaupp will have direct responsibility for PPG’s corporate controllership function, including corporate financial accounting and reporting, along with accounting policy and control. Schaupp will report directly to Vince Morales, PPG senior vice president and chief financial officer.
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PPG Marks 135th Anniversary of Its Founding With NYSE Closing Bell Ceremony
PPG marked the 135th anniversary of its founding with Michael H. McGarry, PPG chairman and chief executive officer, and members of the company’s leadership team ringing the bell to signal the close of business on the New York Stock Exchange (NYSE). Click here to view a video of the ceremony.
“Ringing the NYSE closing bell puts an exclamation point on our 135th anniversary. This is a milestone that few manufacturing companies reach,” said McGarry. “From its humble beginnings, PPG has endured, grown, evolved and transformed time and again. We’ve led technological change and have become a global leader through the strength of our products, manufacturing capabilities, sustainability, innovation, community engagement, and a dedicated, world-class workforce. We’re poised to lead, succeed, and protect and beautify the world for the next 135 years.”
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PPG Reports Second Quarter 2018 Financial Results
- Net sales of approximately $4.1 billion, up nearly 9 percent versus prior year
- Reported earnings per diluted share from continuing operations of $1.51
- Second quarter adjusted earnings per diluted share from continuing operations of $1.90, up nearly 6 percent from prior year, including benefit of lower tax rate
- Sales volume growth of more than 3 percent
- Continued to achieve higher selling prices; partially offsetting persistent raw material and heightened logistics cost inflation
- Initiated new restructuring program targeting about $85 million in annual cost savings
- Share repurchases of about $460 million in the second quarter and $1.1 billion year to date
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PPG’s enduring commitment to sustainability
What happens when we collaborate with customers on innovation and sustainability? We win together.
Our commitment to innovation is intertwined with growth and sustainability and extend to our customers’ operations and the communities in which we operate. In 2017, 32 percent of sales from products that provide customers with a sustainable advantage, an increase of 60 percent since 2012.
Our coatings, materials and technologies reduce corrosion, extending the life of our customers’ products. We also help our customers reduce energy usage and emissions, protect their employees and minimize waste and water consumption through the use of our products.
Read more about our sustainability efforts and our future goals in the PPG 2017 Sustainability Report.
Launch the Sustainability Report
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PPG ranks on Fortune ‘Most Admired’ list for 10 consecutive years
PPG is again included on Fortune magazine's 2018 “World's Most Admired Companies" list in the chemicals sector. PPG has been included on this list for 10 consecutive years.
 PPG earns 100 percent on Human Rights Campaign Foundation’s 16th annual scorecard on LGBTQ workplace equality
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 PPG recognized by Forbes magazine as one of America's Best Large Employers
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