PPG announces industrial coatings leadership changes

Rhea-AI Summary

PPG (NYSE:PPG) has announced key leadership changes in its industrial coatings division, effective January 1, 2025. Juliane Hefel, current vice president of specialty coatings and materials (SCM), will be promoted to senior vice president of industrial coatings while maintaining her SCM leadership. She will report to CEO Tim Knavish and join PPG's operating committee. Irene Tasi will transition to senior vice president and chief transformation officer, while Xiaobing Nie will expand her leadership responsibilities to include all of Asia Pacific industrial coatings operations.

Positive

• Strategic leadership reorganization strengthens industrial coatings division management
• Expansion of Asia Pacific operations under unified leadership indicates focus on regional growth

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• None.

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced the following leadership changes within industrial coatings, effective Jan. 1, 2025:

Juliane Hefel, currently vice president, specialty coatings and materials (SCM), has been appointed senior vice president of industrial coatings in addition to her strategic and operational leadership of the global SCM business, effective Jan. 1, 2025. (Photo: Business Wire)

• Juliane Hefel, currently vice president, specialty coatings and materials (SCM), has been appointed senior vice president of industrial coatings in addition to her strategic and operational leadership of the global SCM business. Hefel will report to Tim Knavish, PPG Chairman and CEO, and will also become a member of PPG’s operating committee. Hefel joined PPG in September 2022 from Henkel, a multinational chemical and consumer goods company, where she held various leadership roles of increasing responsibility. Hefel replaces Irene Tasi, currently PPG senior vice president, industrial coatings, who will become senior vice president and chief transformation officer. Tasi will continue to report to Knavish and remain on the company’s operating committee.

• Xiaobing Nie, currently vice president, industrial coatings, China and global consumer products, and president, PPG Asia Pacific, will expand her leadership responsibilities with industrial coatings to now include all of Asia Pacific. Nie will remain based in Shanghai and report to Juliane Hefel, senior vice president, industrial coatings and SCM. Nie joined PPG in 2021 from DuPont where she held several commercial and marketing positions including Asia-Pacific leader for the company’s Shelter division.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At 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’ 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 $18.2 billion in 2023. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

CATEGORY Corporate

View source version on businesswire.com: https://www.businesswire.com/news/home/20241113404917/en/

Media Contact:

Mark Silvey

Corporate Communications

+1 412 434 3046

silvey@ppg.com

www.ppg.com

Investor Contact:

Alex Lopez

Investor Relations

+1 412 434 3466

alejandrolopez@ppg.com

investor.ppg.com

Source: PPG

FAQ

When will PPG's new industrial coatings leadership changes take effect?

The leadership changes at PPG will take effect on January 1, 2025.

Who is the new senior vice president of industrial coatings at PPG?

Juliane Hefel has been appointed as the new senior vice president of industrial coatings while maintaining her role leading specialty coatings and materials (SCM).

What is Irene Tasi's new role at PPG?

Irene Tasi will become senior vice president and chief transformation officer at PPG.

What changes were announced for PPG's Asia Pacific operations?

Xiaobing Nie will expand her leadership responsibilities to include all of Asia Pacific industrial coatings operations while remaining based in Shanghai.