PPG appoints Alejandro Lopez as director, investor relations

Rhea-AI Summary

PPG (NYSE:PPG) announced the appointment of Alejandro Lopez as the new director of investor relations, effective June 1, 2024. Lopez, currently the global finance director for automotive OEM coatings, will report to PPG's CFO, Vince Morales. Jonathan Edwards, the current director of investor relations, will succeed Lopez in his previous role.

Lopez has over 20 years of business and international experience, having served in various finance roles at PPG since 2006. He holds a bachelor's degree from Universidad Autonoma de Queretaro and an MBA from Michigan State University. PPG operates in over 70 countries with net sales of $18.2 billion in 2023.

Positive

• Appointment of an experienced professional, Alejandro Lopez, as director of investor relations.
• Lopez has over 20 years of business and international experience.
• PPG reported net sales of $18.2 billion in 2023.
• Lopez has held various significant roles at PPG, enhancing his expertise in finance.
• PPG operates in over 70 countries, indicating a strong global presence.

Negative

• No immediate information on revenue growth or profitability improvements linked to the new appointment.
• Potential uncertainties during the transition period between Edwards and Lopez might affect investor confidence.

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced that Alejandro Lopez, currently global finance director for automotive original equipment manufacturer (OEM) coatings, has been named director, investor relations, effective June 1, 2024. Lopez will report to Vince Morales, PPG senior vice president and chief financial officer (CFO). He replaces Jonathan Edwards, who will transition to succeed Lopez as global finance director for automotive OEM coatings, also effective June 1, 2024.

PPG named Alejandro Lopez director, investor relations, effective June 1, 2024. (Photo: Business Wire)

Lopez brings more than 20 years of business and international experience to the investor relations role. He began his career at PPG in 2006 as financial planning and analysis (FP&A) manager, Mexico, and then advanced through various finance roles of increasing responsibility. In 2008, Lopez moved to Brazil as PPG Latin America business controller for automotive and industrial coatings. In 2010, he relocated to Troy, Michigan, as global FP&A manager automotive coatings, and in 2014 moved to PPG’s global headquarters in Pittsburgh as corporate FP&A director. To help support the growth of PPG Comex, Lopez relocated to Mexico City in 2017 as Latin America finance director for architectural coatings, and then returned back to Pittsburgh in 2021 in his current role as global finance director for automotive coatings.

Prior to joining PPG, Lopez worked at General Electric Appliances, as part of its Financial Management Program in Mexico City and Louisville, Kentucky. He earned a bachelor’s degree in business administration from Universidad Autonoma de Queretaro and a Master of Business Administration (MBA) degree from Michigan State University.

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/20240524225128/en/

PPG Media Contact:

Mark Silvey

Corporate Communications

silvey@ppg.com

Source: PPG

FAQ

Who has PPG appointed as the new director of investor relations?

PPG has appointed Alejandro Lopez as the new director of investor relations, effective June 1, 2024.

When will Alejandro Lopez start his role as director of investor relations at PPG?

Alejandro Lopez will start his role as director of investor relations at PPG on June 1, 2024.

Who will Alejandro Lopez report to in his new role at PPG?

Alejandro Lopez will report to Vince Morales, PPG senior vice president and CFO.

What role will Jonathan Edwards transition to on June 1, 2024?

Jonathan Edwards will transition to the role of global finance director for automotive OEM coatings on June 1, 2024.

What is PPG's stock symbol?

PPG's stock symbol is PPG.

What are PPG's reported net sales for 2023?

PPG's reported net sales for 2023 are $18.2 billion.