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PPG appoints McGarry chief operating officer(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 22 July 2014 Release date- 18072014 - PITTSBURGH - PPG Industries (NYSE: PPG) announced the appointment of Michael H. McGarry, currently executive vice president, to chief operating officer, effective Aug. 1. McGarry will have executive oversight responsibility for all of PPG's strategic business units and operating regions and for the information technology (IT), environment, health and safety (EH&S), and purchasing functions. He will remain based at PPG's global headquarters in Pittsburgh and will continue to report to Chairman and CEO Charles E. Bunch. 'Michael's experience and leadership have been instrumental in driving PPG's transformation into the world's leading coatings and specialty materials company,' Bunch said. 'In this new role, Michael's proven operational expertise and demonstrated ability to implement our business strategies will play a key role in our continued focus to deliver increased shareholder value.' During his 33 years with PPG, McGarry has served in a variety of key business and functional leadership roles in the United States, Europe and Asia. In addition, he helped lead several strategic actions that have transformed PPG's business portfolio, most notably the acquisition of SigmaKalon; the separation of PPG's former commodity chemicals business; the acquisition of AkzoNobel's North American architectural coatings business and most recently, the announced agreement to acquire Consorcio Comex, S.A. de C.V. McGarry joined PPG in 1981 as an engineer at the company's Lake Charles, La., chemicals complex. He then progressed through a series of management assignments of increasing responsibility, including market development manager, silica products; operations manager, silicas, Thailand; business manager, TESLIN sheet and product manager in the derivatives, chlorine, liquid and dry caustic soda businesses. He was named general manager, fine chemicals, in 2000, and vice president, chlor-alkali and derivatives, in 2004. McGarry was elected vice president, coatings, Europe, and managing director, PPG Europe, in 2006, and senior vice president, commodity chemicals, in 2008. He was named executive vice president in September 2012. In this role, his leadership responsibilities have included the automotive refinish, aerospace, global architectural, and protective and marine coatings businesses, as well as the Europe, Middle East and Africa (EMEA) and Asia Pacific regions, and the EH&S and IT functions. McGarry also serves as a director on the boards of Axiall Corporation (NYSE:AXLL) and Pittsburgh Glass Works LLC. PPG Industries' vision is to continue to be the world's leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Reported net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). Media Contact: Mark Silvey Tel: 412-434-3046 Email: [email protected] Investor Contact: Vince Morales Tel: 412-434-3740 Email: [email protected] (c) 2014 Electronic News Publishing - |