PPG Industries Announces Director Changes and Officer Compensation Details

Ticker: PPG · Form: 8-K · Filed: 2025-04-21T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-compensation, director-changes

Related Tickers: PPG

TL;DR

PPG's board is changing: McGarry out, Schioldal in. Officer pay details also filed.

AI Summary

On April 17, 2025, PPG Industries, Inc. filed an 8-K report detailing the departure of director Michael H. McGarry and the election of new director Amy E. Schioldal. The filing also includes information regarding compensatory arrangements for certain officers and financial statements and exhibits.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation disclosures, with no immediate financial distress or significant operational changes indicated.

Key Players & Entities

FAQ

Who has departed from PPG Industries' board of directors?

Michael H. McGarry has departed from PPG Industries' board of directors as of April 17, 2025.

Who has been elected as a new director to PPG Industries' board?

Amy E. Schioldal has been elected as a new director to PPG Industries' board.

What other information is included in this 8-K filing?

The filing also includes information regarding compensatory arrangements of certain officers and financial statements and exhibits.

What is the state of incorporation for PPG Industries, Inc.?

PPG Industries, Inc. is incorporated in Pennsylvania (PA).

What is the fiscal year end for PPG Industries, Inc.?

PPG Industries, Inc.'s fiscal year ends on December 31 (1231).

From the Filing

0000079879-25-000125.txt : 20250421 0000079879-25-000125.hdr.sgml : 20250421 20250421163817 ACCESSION NUMBER: 0000079879-25-000125 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250417 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250421 DATE AS OF CHANGE: 20250421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPG INDUSTRIES INC CENTRAL INDEX KEY: 0000079879 STANDARD INDUSTRIAL CLASSIFICATION: PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 250730780 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01687 FILM NUMBER: 25853836 BUSINESS ADDRESS: STREET 1: ONE PPG PL 40 EAST CITY: PITTSBURGH STATE: PA ZIP: 15272 BUSINESS PHONE: 4124343131 MAIL ADDRESS: STREET 1: ONE PPG PL 40 EAST CITY: PITTSBURGH STATE: PA ZIP: 15272 FORMER COMPANY: FORMER CONFORMED NAME: PITTSBURGH PLATE GLASS CO DATE OF NAME CHANGE: 19681219 8-K 1 ppg-20250417.htm 8-K ppg-20250417 0000079879 false 0000079879 2025-04-17 2025-04-17 0000079879 us-gaap:CommonStockMember 2025-04-17 2025-04-17 0000079879 ppg:A0.875Notesdue2025Member 2025-04-17 2025-04-17 0000079879 ppg:A1875NotesDue2025Member 2025-04-17 2025-04-17 0000079879 ppg:A1.400Notesdue2027Member 2025-04-17 2025-04-17 0000079879 ppg:A2750NotesDue2029Member 2025-04-17 2025-04-17 0000079879 ppg:A3.250NotesDue2032Member 2025-04-17 2025-04-17 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549   FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): April 17, 2025 PPG INDUSTRIES, INC. (Exact Name of Registrant as Specified in Charter) Pennsylvania 001-1687 25-0730780 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) One PPG Place , Pittsburgh , Pennsylvania , 15272 (Address of Principal Executive Offices, and Zip Code) ( 412 ) 434-3131 (Registrant’s Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:      ☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)      ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)      ☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))      ☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $1.66 2/3 PPG New York Stock Exchange 0.875% Notes due 2025 PPG 25 New York Stock Exchange 1.875% Notes due 2025 PPG 25A New York Stock Exchange 1.400% Notes due 2027 PPG 27 New York Stock Exchange 2.750% Notes due 2029 PPG 29A New York Stock Exchange 3.250% Notes due 2032 PPG32 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).     Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pro

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