– USA, PA – PPG (NYSE: PPG) today announced the appointment of the current board member, Mike Lamach as its new lead independent director effective Oct. 1, succeeding Hugh Grant who is ending as independent lead director, effective Oct. 1, and retire from the board at the end of the year.
“The Board agreed that Mike is ideally suited to serve as the new PPG independent lead director given his many contributions since joining the board, his sound perspective, dedication to PPG, and proven experience as chairman and CEO of Trane Technologies and role as a director at both Trane and Ingersoll-Rand. We wish Mike all the best in this important role and strongly believe that his and Tim Knavish’s leadership as Chairman and CEO will help PPG grow, deliver and assure that PPG’s best days are still ahead,” said McGarry.
About Mike Lamach
Mike Lamach joined the PPG board in 2015 and has served on each of PPG’s board committees. He was Executive Chair of Trane Technologies plc, a global leader in climate control and climate-focused innovations for buildings, homes, and transportation, from July 2021 until his retirement in December 2021. Previously, Lamach served as Chairman and CEO of Trane Technologies from its separation from Ingersoll-Rand plc in February 2020 to July 2021. Lamach served as a director of Ingersoll-Rand from 2010 to 2020 and of Trane Technologies from 2020 to 2021. Lamach also served as Chair of the Board of the National Association of Manufacturers from 2019 to 2021.
About PPG
At PPG, we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for 140 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 $17.7 billion in 2022. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets.
SOURCE: https://www.ppg.com/
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