PPG INDUSTRIES, INC.

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PPG Receives 2021 Carnegie Science Award for Corporate Leadership

11/15/2021 | 10:52am EDT

PPG (NYSE:PPG) today announced that it received the 2021 Carnegie Science Award in the corporate leadership category at the 25th annual celebration held Nov. 5, 2021, in Pittsburgh, Pennsylvania.

“The Carnegie Science Awards celebrate the accomplishments of the creative and forward-thinking minds in Pittsburgh’s science, technology and education communities and provide opportunities for them to meet and share their stories,” said Jason Brown, Henry Buhl, Jr., director, Carnegie Science Center. “These individuals and companies are making incredible contributions to their fields and directly impacting the health, growth and economic vitality of our region as a whole.”

A committee of peers – past awardees and industry leaders – selected the recipients in eight award categories following a rigorous review. The Corporate Leadership Award honors a company or team/individual for accomplishments in manufacturing and materials processes, biomedical or life sciences, and/or information technology that have led to significant economic or societal benefits for the Western Pennsylvania region.

David Bem, PPG vice president, science and technology, and chief technology officer, accepted the award on behalf of PPG at the 25th Annual Carnegie Science Awards Celebration. Bem serves on the Carnegie Science Center’s Museum Advisory Board.

“We are honored to be recognized by our peers for our leadership in innovation, sustainability and color as well as our commitment to addressing the needs of the Pittsburgh region through initiatives focused on Science, Technology, Engineering and Math (STEM) education, COVID-19 relief, social justice and employee volunteerism,” said Bem.

In addition to celebrating the award recipients, the event raised funds to support Carnegie Science Center education programs that nurture the next generation of leaders in science and technology.

For more information about the awards, visit www.CarnegieScienceCenter.org/Awards.

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


ę Business Wire 2021
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Financials (USD)
Sales 2022 18 417 M - -
Net income 2022 1 501 M - -
Net Debt 2022 5 546 M - -
P/E ratio 2022 20,1x
Yield 2022 1,92%
Capitalization 29 366 M 29 366 M -
EV / Sales 2022 1,90x
EV / Sales 2023 1,75x
Nbr of Employees 49 300
Free-Float 40,5%
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 124,33 $
Average target price 158,50 $
Spread / Average Target 27,5%
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Managers and Directors
Michael H. McGarry Chairman & Chief Executive Officer
Vincent J. Morales Chief Financial Officer & Senior Vice President
David S. Bem CTO, Vice President-Science & Technology
Bhaskar Ramachandran Chief Information Officer & Vice President
Timothy M. Knavish Chief Operating Officer
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