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PPG INDUSTRIES, INC.

(PPG)
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PPG appoints Irene Tasi as chief growth officer

11/29/2021 | 08:26am EST

Release date -

November 23, 2021

PITTSBURGH--(BUSINESS WIRE)-- 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.

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.

CATEGORY Corporate

PPG Media Contact

Mark Silvey

Corporate Communications

1 412-434-3046 silvey@ppg.com www.ppg.com

PPG Investor Contact

John Bruno

Investor Relations

+1-412-434-3466

jbruno@ppg.com

investor.ppg.com

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
MASCO CORPORATION -2.58% 63.48 Delayed Quote.-7.43%
PPG INDUSTRIES, INC. -0.68% 154.125 Delayed Quote.-10.26%
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Financials (USD)
Sales 2021 16 671 M - -
Net income 2021 1 472 M - -
Net Debt 2021 5 275 M - -
P/E ratio 2021 26,2x
Yield 2021 1,46%
Capitalization 36 804 M 36 804 M -
EV / Sales 2021 2,52x
EV / Sales 2022 2,28x
Nbr of Employees 46 900
Free-Float -
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Number of Analysts 24
Last Close Price 155,03 $
Average target price 174,95 $
Spread / Average Target 12,9%
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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
Robert King VP-Global Operations, Industrial Segment
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