– USA, PA – PPG (NYSE: PPG) today announced the elections of Mike Nally, EVP and CMO, Merck & Co., and Guillermo Novo, chairman and CEO, Ashland Global Holdings, to its board of directors, effective immediately.
“Mike and Guillermo are proven leaders in their respective industries, and we welcome their expertise, insights and contributions,” said Chairman and CEO, Mike McGarry. “Mike’s extensive leadership in strategy and commercialization roles will support PPG’s efforts toward continued growth. Guillermo’s broad international experience, expertise in specialty materials, and deep industry knowledge of acquisitions in the chemical space will provide valued insights for PPG and our leadership team.”
Mike Nally will serve on the Audit Committee and the Technology and Environment Committee, while Guillermo Novo will serve on the Audit Committee and the Officers-Directors Compensation Committee.
“PPG’s board of directors continually seeks to maintain an appropriate balance of directors with varying tenure, expertise, and diversity,” said the lead independent director, Hugh Grant. “We are pleased that Mike and Guillermo have joined the board, as their proven capabilities and industry experience will help to further strengthen PPG and guide its strategic direction.”
About Mike Nally
Mike Nally has served in his current role with Merck, a leading global health care company, since January 1, 2019. He co-leads Merck’s human health business and is responsible for developing the company’s growth strategy and commercialization model. Since joining Merck in 2003, he has served as president, global vaccines; managing director, UK, and Ireland; and in a variety of key management positions in strategic initiatives, commercial operations, business development and investor relations.
He also previously served as director of Hilleman Laboratories, a non-profit vaccine research firm located in India.
Mike Nally holds a master of business administration degree from Harvard Business School, a degree in accounting and finance from the London School of Economics, and a bachelor of arts degree in economics from Middlebury College.
About Guillermo Novo
Guillermo Novo has served in his current role with Ashland, a $2.3 billion global manufacturer of specialty materials for customers in a wide range of consumer and industrial markets, since December 31, 2019. He has over 30 years of leadership experience in the specialty materials and specialty chemicals industries. Before joining Ashland, he served as the president and CEO and a director of Versum Materials, Inc. Previously, he served as EVP, materials technologies, and SVP, electronics, performance materials, strategy, and technology, with Air Products and Chemicals, Inc. Guillermo Novo began his career in 1986 with Rohm and Haas Company and held a variety of commercial, marketing, and general management positions. He served as VP at Rohm and Haas, and later as group VP, Dow Coating Materials.
Guillermo Novo holds a master of business administration degree from the University of Michigan and a bachelor of science degree in industrial engineering from the University of Central Florida. He previously served on the advisory board for the College of Engineering and Computer Science at the University of Central Florida.
About PPG
At PPG, we work every day to develop and deliver the paints, coatings, and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets.
For more information: https://www.ppg.com/
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