PPG Industries appoints COO Tim Knavish to its Board of Directors as CEO designate

– USA, PA –  PPG Industries (NYSE: PPG) today announced the appointment of COO Tim Knavish to its Board of Directors as as president and CEO designate, effective October 20, 2022, to succeed Chairman and CEO Michael McGarry in the role of CEO effective Jan. 1, 2023, when he will become Executive Chairman.

“Tim is a highly respected business leader who has played an instrumental role in PPG’s growth across the markets we serve,” said Micheal McGarry. “His leadership has been invaluable as PPG has executed several important strategic actions, including PPG’s recent acquisitions and successful integrations of Tikkurila and Ennis-Flint, now PPG’s Traffic Solutions business. Tim’s proven ability to lead the implementation of our global business strategies, and his focus on continuously strengthening our operations and energizing our diverse workforce will be important in delivering on our growth strategy.”

About Michael McGarry

Michael McGarry has served as chairman and CEO of PPG since September 2016. During his more than 40 years with PPG, he has served in various key business and functional leadership roles in the U.S., Europe, and Asia, and led several strategic actions that transformed PPG’s business portfolio. McGarry currently serves on the board of directors of United States Steel Corporation (NYSE: X), Shin-Etsu Chemical Co., Ltd., and the National Association of Manufacturers. He is a former member of the board of Axiall Corporation and former chairman of the board of directors of The American Coatings Association.

About Tim Knavish

Tim Knavish joined PPG in 1987 at PPG’s global headquarters in Pittsburgh. He advanced through roles of increasing responsibility in several key businesses and functions, including serving as plant manager for the East Point, Georgia, architectural coatings manufacturing facility. In 2005, Tim Knavish moved to Australia as MD of Australia and New Zealand coatings, and GM of automotive refinish. In 2007, Knavish returned to the U.S. where he assumed responsibility for automotive coatings, Americas, and in early 2010, he was named VP. In 2012, he was appointed global VP, of protective and marine coatings and in 2016 became SVP, of automotive coatings.

Tim Knavish was named SVP, of industrial coatings in 2017. In addition to global leadership of PPG’s industrial coatings, packaging coatings, and coatings services businesses, Knavish was responsible for the global procurement function and PPG’s Asia Pacific region. In January 2019, he was appointed SVP, of architectural coatings and president, of PPG Europe, Middle East, and Africa.

“I want to thank Michael and the PPG Board of Directors for their trust and confidence as we continue to drive PPG forward. Our global business portfolio remains well positioned for future growth and to successfully navigate through the current global economic challenges,” said Tim Knavish. “I look forward to continuing to work with the more than 50,000 PPG people across the world to support our customers, deliver excellent business performance and create additional shareholder value.”

Before being named COO, Tim Knavish served as EVP beginning in October 2019, where he was responsible for PPG’s global architectural coatings businesses; the global automotive refinish business; the Latin America region; and the digital and information technology functions.

A native of Pittsburgh, Tim Knavish earned both a bachelor’s degree in mechanical engineering and an M.B.A. from the University of Pittsburgh. He currently serves on the United Way of Southwestern Pennsylvania board of directors.

About PPG

At PPG, we work every day to develop and deliver the paints, coatings, and specialty materials that our customers have trusted for nearly 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 75 countries and reported net sales of $16.8 billion in 2021. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets.

For more information: https://www.ppg.com/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.