PPG Board of Directors Elects New Chairman and CEO; Appoints New Independent Lead Director
PPG’s Board of Directors has unanimously elected PPG President and Chief Executive Officer (CEO), Tim Knavish, 58, as Chair of the company’s Board of Directors and CEO, effective Oct. 1, 2023. Knavish succeeds Michael McGarry, 65, who served as Chairman and CEO from 2016 to 2022 and is retiring as Executive Chairman, also effective Oct. 1, 2023.
“On behalf of the PPG Board of Directors, we want to congratulate Tim and recognize the significant contributions Michael has made in leading PPG through some of the most challenging periods in its 140-year history,” said Hugh Grant. “Michael’s leadership has made a significant impact on expanding the company’s portfolio and reach in key growth markets, strengthened PPG’s position, and set the company on a solid path for future growth and success. We wish him the very best. As we look ahead, the board fully supports Tim and the entire PPG team as they work to achieve future growth and increased value for our shareholders.