{"id":838811,"date":"2025-04-17T12:25:12","date_gmt":"2025-04-17T16:25:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/"},"modified":"2025-04-17T12:25:12","modified_gmt":"2025-04-17T16:25:12","slug":"ppg-highlights-2024-performance-during-annual-meeting-of-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/","title":{"rendered":"PPG highlights 2024 performance during annual meeting of shareholders"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>PPG highlights 2024 performance during annual meeting of shareholders<\/b><\/p>\n<p>PITTSBURGH&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company\u2019s 2024 performance.\n<\/p>\n<p>\nPPG achieved full-year 2024 net sales from continuing operations of $15.8 billion, and adjusted EPS increased 6%, supported by PPG\u2019s strong portfolio and driven by sales of PPG\u2019s technology-advantaged products and strong brands. The company delivered record results in several businesses in 2024, including aerospace coatings, automotive refinish coatings, and architectural coatings Latin America.\n<\/p>\n<p>\n\u201cI want to thank PPG\u2019s approximately 45,000 employees throughout the world who are dedicated to being a trusted partner for customers, delivering value for shareholders, supporting the communities where we operate and delivering on our purpose \u2014 to protect and beautify the world,\u201d said Knavish. \u201cIn 2024, we further strengthened our focus by divesting both our silicas products and our architectural coatings U.S. and Canada businesses. As a result, PPG is a sharper, more growth-oriented company. The success of the team\u2019s work throughout the year enabled PPG to continue to reward our shareholders by returning a total of $1.4 billion to them.\u201d\n<\/p>\n<p>\nIn 2024, PPG paid approximately $620 million in dividends and repurchased $750 million of stock, which represented approximately 3% of outstanding shares. PPG has raised its annual dividend payout for 53 consecutive years and has paid uninterrupted annual dividends for 125 years.\n<\/p>\n<p>\nThe meeting highlighted additional 2024 achievements, including:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\naccelerated PPG\u2019s digital transformation by offering customers new innovations to help improve their productivity.\n<\/li>\n<li>\ndelivered sustainably advantaged solutions meeting the demand from customers to improve their productivity and reduce overall value chain impacts. These products comprised 41% of PPG\u2019s total sales in 2024.\n<\/li>\n<li>\ninvested $18.4 million worldwide in 2024, supporting more than 400 community partners and programs that are focused on advancing education and delivering community support, while encouraging PPG employee volunteerism.\n<\/li>\n<\/ul>\n<p>\nLooking ahead, Knavish said: \u201cWe expect to deliver organic sales growth for the full year based on stronger results in the second half of 2025 and the launch of recently won share gains. Our balance sheet remains strong, which continues to provide us with financial flexibility, and we remain committed to driving shareholder value creation.\u201d\n<\/p>\n<p>\nPursuant to PPG\u2019s amended articles of incorporation, all directors will now be elected annually beginning at PPG&#8217;s 2025 Annual Meeting. Shareholders re-elected directors:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nKathy L. Fortmann, Chief Executive Officer, Amyris, Inc.\n<\/li>\n<li>\nMelanie L. Healey, Former Group President, North America, The Procter &amp; Gamble Company\n<\/li>\n<li>\nGary R. Heminger, Retired Chairman of the Board and Chief Executive Officer, Marathon Petroleum Corporation\n<\/li>\n<li>\nTim M. Knavish, Chairman and Chief Executive Officer, PPG\n<\/li>\n<li>\nMichael W. Lamach, retired Executive Chair and Chief Executive Officer, Trane Technologies plc;\n<\/li>\n<li>\nKathleen A. Ligocki, Former Chief Executive Officer, Agility Fuel Solutions, LLC\n<\/li>\n<li>\nMichael T. Nally, CEO, Generate Biomedicines, Inc. and CEO-Partner, Flagship Pioneering\n<\/li>\n<li>\nGuillermo Novo, Chairman and Chief Executive Officer, Ashland Inc.\n<\/li>\n<li>\nChristopher N. Roberts III, Senior Vice President, Global SH&amp;E, Ecolab Inc.\n<\/li>\n<li>\nCatherine R. Smith, Executive Vice President and Chief Financial Officer, Starbucks Corporation\n<\/li>\n<\/ul>\n<p>\nDirector Martin Richenhagen retired from the Board of Directors at the 2025 Annual Meeting. The company thanks Mr. Richenhagen for his 17 years of dedicated service to PPG.\n<\/p>\n<p>\nShareholders also approved the compensation of the named executive officers and ratified PricewaterhouseCoopers LLP as the company\u2019s independent registered public accounting firm for 2025. Shareholders voted against a shareholder proposal requesting that the Board seek shareholder approval of any named executive officer\u2019s new or renewed pay package that provides for severance or termination payments with an estimated value exceeding 2.99 times the sum of the executive\u2019s base salary plus target short-term bonus.\n<\/p>\n<p>\nTo learn more about PPG\u2019s progress in 2024, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fannualreport.ppg.com%2F&amp;esheet=54239513&amp;newsitemid=20250416678023&amp;lan=en-US&amp;anchor=annualreport.ppg.com&amp;index=1&amp;md5=26cbccc4d8bf4b724147466ed0c61f6a\">annualreport.ppg.com<\/a>\/\n<\/p>\n<p><b>PPG: WE PROTECT AND BEAUTIFY THE WORLD\u00ae<\/b><\/p>\n<p>\nAt PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers\u2019 biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.8 billion in 2024. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ppg.com&amp;esheet=54239513&amp;newsitemid=20250416678023&amp;lan=en-US&amp;anchor=www.ppg.com&amp;index=2&amp;md5=72ec50355c0c87f4933bba65cc683122\">www.ppg.com<\/a>.\n<\/p>\n<p>\nThe <i>PPG Logo<\/i> and <i>We protect and beautify the world<\/i> are registered trademarks of PPG Industries Ohio, Inc.\n<\/p>\n<p>\nCATEGORY Corporate\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250416678023r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250416678023\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250416678023\/en\/<\/a><\/span><\/p>\n<p><b>PPG Media Contact<\/b>:<br \/>\n<br \/>Mark Silvey<br \/>\n<br \/>Corporate Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:silvey@ppg.com\">silvey@ppg.com<\/a><\/p>\n<p><b>PPG Investor Contact:<br \/>\n<\/b><br \/>Alex Lopez<br \/>\n<br \/>Investor Relations<br \/>\n<br \/>+1 412 434 3466<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:alejandrolopez@ppg.com\">alejandrolopez@ppg.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Finvestor.ppg.com%2F&amp;esheet=54239513&amp;newsitemid=20250416678023&amp;lan=en-US&amp;anchor=investor.ppg.com&amp;index=3&amp;md5=0f93c68bb5da8f17286970a0b310252a\">investor.ppg.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Commercial Building &amp; Real Estate Construction &amp; Property Chemicals\/Plastics Specialty Interior Design Manufacturing Other Construction &amp; Property Retail Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250416678023\/en\/514781\/3\/PPG_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>PPG highlights 2024 performance during annual meeting of shareholders PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; PPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company\u2019s 2024 performance. PPG achieved full-year 2024 net sales from continuing operations of $15.8 billion, and adjusted EPS increased 6%, supported by PPG\u2019s strong portfolio and driven by sales of PPG\u2019s technology-advantaged products and strong brands. The company delivered record results in several businesses in 2024, including aerospace coatings, automotive refinish coatings, and architectural coatings Latin America. \u201cI want to thank PPG\u2019s approximately 45,000 employees throughout the world who are dedicated to being a trusted partner for customers, delivering value for shareholders, supporting the communities where we operate and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PPG highlights 2024 performance during annual meeting of shareholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-838811","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PPG highlights 2024 performance during annual meeting of shareholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPG highlights 2024 performance during annual meeting of shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PPG highlights 2024 performance during annual meeting of shareholders PITTSBURGH&#8211;(BUSINESS WIRE)&#8211; PPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company\u2019s 2024 performance. PPG achieved full-year 2024 net sales from continuing operations of $15.8 billion, and adjusted EPS increased 6%, supported by PPG\u2019s strong portfolio and driven by sales of PPG\u2019s technology-advantaged products and strong brands. The company delivered record results in several businesses in 2024, including aerospace coatings, automotive refinish coatings, and architectural coatings Latin America. \u201cI want to thank PPG\u2019s approximately 45,000 employees throughout the world who are dedicated to being a trusted partner for customers, delivering value for shareholders, supporting the communities where we operate and &hellip; Continue reading &quot;PPG highlights 2024 performance during annual meeting of shareholders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-17T16:25:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250416678023r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PPG highlights 2024 performance during annual meeting of shareholders\",\"datePublished\":\"2025-04-17T16:25:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\\\/\"},\"wordCount\":793,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250416678023r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\\\/\",\"name\":\"PPG highlights 2024 performance during annual meeting of shareholders - 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PPG achieved full-year 2024 net sales from continuing operations of $15.8 billion, and adjusted EPS increased 6%, supported by PPG\u2019s strong portfolio and driven by sales of PPG\u2019s technology-advantaged products and strong brands. The company delivered record results in several businesses in 2024, including aerospace coatings, automotive refinish coatings, and architectural coatings Latin America. \u201cI want to thank PPG\u2019s approximately 45,000 employees throughout the world who are dedicated to being a trusted partner for customers, delivering value for shareholders, supporting the communities where we operate and &hellip; Continue reading \"PPG highlights 2024 performance during annual meeting of shareholders\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-17T16:25:12+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250416678023r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PPG highlights 2024 performance during annual meeting of shareholders","datePublished":"2025-04-17T16:25:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/"},"wordCount":793,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250416678023r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-highlights-2024-performance-during-annual-meeting-of-shareholders\/","name":"PPG highlights 2024 performance during annual meeting of shareholders - 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