PPG INDUSTRIES, INC.

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PPG appoints Irene Tasi as chief growth officer

11/23/2021 | 08:09am EDT

PPG (NYSE: PPG) today announced the appointment of Irene Tasi as chief growth officer (CGO), effective December 6, 2021. In this newly created role – which reports to PPG Chairman and Chief Executive Officer Michael McGarry – Tasi will lead and accelerate PPG’s growth agenda with responsibility for corporate strategy, long-range planning, marketing, brand and sales excellence, digital, market-driven innovation, and new growth initiatives. She will be based at PPG’s global headquarters in Pittsburgh and serve as a member of the company’s Operating Committee.

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PPG appointed Irene Tasi as chief growth officer (CGO), effective December 6, 2021. (Photo: Business Wire)

PPG appointed Irene Tasi as chief growth officer (CGO), effective December 6, 2021. (Photo: Business Wire)

“Irene is a proven, entrepreneurial leader who will help to drive our growth strategy and deliver distinctive experiences for our customers,” McGarry said. “She brings strong expertise in commercial excellence, strategic marketing, digital and data analytics, and brand management. Throughout her career, Irene has demonstrated a record of helping businesses grow and delivering exceptional results for customers and shareholders.”

Over the past 20 years, Tasi has served in various leadership roles of increasing responsibility at Masco Corporation (NYSE: MAS), a global leader in the design, manufacture and distribution of branded home improvement and building products. Most recently, Tasi was president of Kichler Lighting, where she successfully completed the integration of the business into Masco. This included developing and executing a strategic plan to achieve revenue and profit growth, driving operational excellence, and building a new product development engine. Prior to this, she served as vice president of sales for Masco Cabinetry (now Cabinetworks), where she led the dealer and retail channels, and developed and implemented strategies to maximize market penetration and overall revenue.

Since joining Masco in 2000, Tasi has also served as director of investor relations at Masco Corporation; director of retail channel marketing at Masco Cabinetry; project manager, Masco Business System Office; and manager, Masco Resource Center.

Tasi holds a Bachelor of Arts degree in International Relations from the University of Windsor, Ontario, Canada, and Master of Business Administration from Eastern Michigan University.

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.

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© 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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