PPG Industries elects new boss

Pittsburgh, Pennsylvania – PPG Industries has appointed Michael McGarry as president and CEO, effective 1 Sept, the company announced on 16 July.

McGarry, 57, who has served as PPG’s president and chief operating officer since March, will succeed chairman and CEO Charles Bunch in the role of CEO.

Bunch, who has led PPG for the last decade, will continue as executive chairman.

“Our company is strong financially and our global business portfolio remains well positioned for future growth,” said McGarry.

During his 34 years with PPG, McGarry served in a variety of businesses and oversaw in a number of developments including the acquisition of SigmaKalon; the separation of PPG’s former commodity chemicals business; the acquisition and integration of AkzoNobel’s North American architectural coatings business; and, most recently, the acquisition of Consorcio Comex, SA de CV.