PPG Names President And CEO Tim Knavish As Chair And CEO, Effective Oct. 1, 2023; Michael McGarry To Retire As Executive Chairman
Portfolio Pulse from Benzinga Newsdesk
PPG Industries has announced that its President and CEO, Tim Knavish, will take on the additional role of Chair, effective October 1, 2023. The current Executive Chairman, Michael McGarry, is set to retire.
September 26, 2023 | 8:17 pm
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NEUTRAL IMPACT
PPG Industries' leadership transition with Tim Knavish becoming Chair could potentially impact the company's strategic direction and operations.
Leadership changes can often lead to shifts in company strategy and operations. However, as Tim Knavish is already serving as President and CEO, the transition might be smooth and the impact on the company's stock price in the short term is uncertain.
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