STOCK TITAN

PPG Appoints Tim Knavish Chief Operating Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management
Rhea-AI Summary

PPG announced the appointment of Tim Knavish as the new Chief Operating Officer, effective March 1, 2022. Knavish, with over 35 years at PPG, has played a significant role in various business sectors and recent acquisitions like Tikkurila and Ennis-Flint. He will oversee all strategic business units, IT, EH&S, and procurement. His experience is expected to enhance collaboration and digital integration, aiming to boost financial performance and shareholder value.

Positive
  • Tim Knavish's extensive 35-year experience at PPG provides strong leadership.
  • Knavish’s oversight of strategic units and digital processes may enhance operational efficiency.
  • His role in recent acquisitions indicates a focus on growth and market expansion.
Negative
  • There may be concerns about potential continuity and experience gaps with Knavish's transition to COO.

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) today announced the appointment of Tim Knavish, executive vice president, as chief operating officer, effective March 1, 2022.

PPG appointed Tim Knavish as chief operating officer, effective March 1, 2022. (Photo: Business Wire)

PPG appointed Tim Knavish as chief operating officer, effective March 1, 2022. (Photo: Business Wire)

Knavish 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 procurement functions. He will remain based at PPG’s global headquarters in Pittsburgh and will continue to report to Chairman and CEO Michael McGarry.

“Tim’s proven experience and leadership throughout his 35-year career at PPG have been instrumental in driving PPG’s performance as a leading coatings and specialty materials company,” McGarry said. “Tim has worked in virtually all of PPG’s businesses and has made structural improvements in each business that he managed. He also played a key role in the most recent Tikkurila and Ennis-Flint acquisitions. Plus, in his primary role as leader of our global architectural business, Tim is delivering further global collaboration, leading the adoption of new digital processes and delivering improved financial performance. In this new role, Tim’s broad operational expertise, global experience and demonstrated ability to lead our business strategies will play a key role in our continued focus to drive growth and deliver increased shareholder value.”

Since 2019, Knavish has served in his current role as executive vice president, where he has been responsible for the global architectural coatings businesses, excluding the Latin America business which was added to his responsibilities this year; the global automotive refinish business; the Latin America region; and the digital and information technology functions.

Knavish joined PPG in flat glass engineering in 1987 at PPG’s global headquarters in Pittsburgh. He then advanced through roles of increasing responsibility in PPG’s flat glass and former automotive glass businesses before joining the architectural coatings business in 2000, as plant manager for the East Point, Georgia, manufacturing facility.

In 2002, Knavish returned to Pittsburgh as director, supply chain, for the former automotive replacement glass business, and in 2004, he became global director, manufacturing and supply chain, for the automotive refinish coatings business. He moved to Australia in 2005 as managing director, Australia and New Zealand coatings, and general manager, automotive refinish. In 2007, Knavish assumed responsibility in Troy, Michigan, as general manager, automotive coatings, Americas, and in early 2010, he was named a vice president with the same scope of responsibility. He relocated to Pittsburgh in 2012 as global vice president, protective and marine coatings, and he returned to Troy in March 2016 as senior vice president, automotive coatings.

Knavish returned to Pittsburgh in October 2017 as senior vice president, industrial coatings. In addition to global leadership of PPG’s industrial coatings, packaging coatings and coatings services businesses, Knavish was responsible for the global supply management function and for PPG’s Asia Pacific region. In January 2019, he was appointed senior vice president, architectural coatings and president, PPG EMEA, before being named executive vice president in October 2019.

A native of Pittsburgh, Knavish earned both a bachelor’s degree in mechanical engineering and an M.B.A. from the University of Pittsburgh. He currently serves on the board of directors of the United Way of Southwestern Pennsylvania.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 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 75 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

CATEGORY Corporate

Media Contact:

Mark Silvey

Corporate Communications

+1-412-434-3046

silvey@ppg.com

Investor Contact:

John Bruno

Investor Relations

+1-412-434-3466

jbruno@ppg.com

investor.ppg.com

Source: PPG

FAQ

Who is the new COO of PPG?

Tim Knavish has been appointed as the new Chief Operating Officer of PPG effective March 1, 2022.

What are Tim Knavish's responsibilities as COO?

As COO, Knavish will oversee all strategic business units, information technology, environment, health and safety, and procurement.

What impact is expected from Knavish's appointment as COO?

Knavish's extensive experience is expected to drive operational efficiency and enhance shareholder value.

When did Tim Knavish join PPG?

Tim Knavish joined PPG in 1987, starting in flat glass engineering.

PPG Industries, Inc.

NYSE:PPG

PPG Rankings

PPG Latest News

PPG Stock Data

28.07B
231.49M
0.2%
85.1%
1.41%
Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Link
United States of America
PITTSBURGH