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PPG Industries, Inc. (PPG)

NYSE - NYSE Delayed Price. Currency in USD
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108.76-0.23 (-0.21%)
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PPG Industries, Inc.

One PPG Place
Pittsburgh, PA 15272
United States
412-434-3131
http://www.ppg.com

SectorBasic Materials
IndustrySpecialty Chemicals
Full Time Employees47,000

Key Executives

NameTitlePayExercisedAge
Mr. Michael H. McGarryChairman & CEO3.37MN/A59
Mr. Glenn E. Bost IISr. VP & Gen. Counsel1.21M719.04k65
Mr. Viktoras R. SekmakasExec. VP1.5M1.25M56
Mr. Timothy M. KnavishSr. VP of Automotive OEM962.7k375.17k51
Mr. Vincent J. MoralesSr. VP & CFON/AN/A51
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. It operates in three segments: Performance Coatings, Industrial Coatings, and Glass. The Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; coatings, sealants, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; protective and marine coatings and finishes; architectural coatings; and purchased sundries to painting contractors and consumers, as well as chemical management services. As of December 31, 2016, this segment operated company-owned stores approximately 920 stores in North America, 40 in Australia, and 75 in Central America. In addition, it sells coatings and related products through approximately 4,200 stores that are independently owned and operated by 700 concessionaires primarily in Mexico. The Industrial Coatings segment provides adhesives and sealants for the automotive industry; metal pretreatments and related chemicals for industrial and automotive applications; packaging coatings for the protection, performance, and decoration of metal cans, closures, plastic tubes, industrial packaging, and promotional and specialty packaging; precipitated silicas for tire, battery separator, and other markets; substrates used in radio frequency identification tags and labels, e-passports, drivers' licenses, and identification cards; organic light emitting diode materials for use in displays and lighting; optical lens materials and photochromic dyes for optical lenses and color-change products. The Glass segment produces fiber glass for use in commercial and residential construction, wind energy, energy infrastructure, transportation, and electronics industries. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania.

Corporate Governance

PPG Industries, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 8. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 9; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.