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PPG (NYSE:PPG) today announced that its Board of Directors has unanimously elected PPG president and chief executive officer (CEO), Tim Knavish, 58, as chair of the company’s Board of Directors and CEO, effective Oct. 1, 2023. Knavish succeeds Michael McGarry, 65, who served as chairman and CEO from 2016 to 2022 and is retiring as executive chairman, also effective Oct. 1, 2023. PPG's Board ...
Michael H. McGarry is chairman and chief executive officer of PPG. He became chairman of the board September 1, 2016, after transitioning into the CEO role in September 2015. McGarry joined PPG in 1981 as an engineer at the company’s Lake Charles, Louisiana, chemicals complex. He then progressed through management assignments such as market ...
Oct 19, 2022 · Tim Knavish has been named PPG president and chief executive officer (CEO), effective Jan. 1, 2023. Knavish will join the company’s Board of Directors, effective October 20, 2022. (Photo: Business Wire) Knavish, 57, who has served as PPG’s chief operating officer since March, will succeed Chairman and CEO Michael McGarry, 64, in the role of ...
Sep 26, 2023 · PPG (NYSE:PPG) today announced that its Board of Directors has unanimously elected PPG president and chief executive officer (CEO), Tim Knavish, 58, as chair of the company’s Board of Directors and CEO, effective Oct. 1, 2023. Knavish succeeds Michael McGarry, 65, who served as chairman and CEO from 2016 to 2022 and is retiring as executive chairman, also effective Oct. 1, 2023. PPG's Board ...
- Michael Is A Rhetorical Question
- Mcgarry Is A Patronymic Name
- Studied in The University of Texas System
- Studied Mechanical Engineering
- Director of Axiall Corporation
- Director of Eagle Spinco
- Has Held Previous High-Ranking Positions at PPG Industies
- Several Perceived Missteps Have Happened Under Him
- Got Targeted by Trian Fund Management
- There Are Various Factors For Underperformance
Michael is one of the numerous Biblical names that refers either El or YHWH. It is interesting in that its meaning is phrased as a question, “Who Is Like God?” However, it should be noted that the question is rhetorical in nature because the intended meaning is that no one is like God.
Chance are good that Gaelic names that start with either “Mc” or “Mac” are patronymic names. This is because the Gaelic word mac means “Son Of,” thus making it a very easy way to come up with a new surname.
McGarry got his education in the University of Texas System. In short, this refers to the system that oversees a total of 14 institutions in the state of Texas. Out of the 14 institutions, 8 are academic institutions, while 6 are standalone health institutions.
In school, McGarry studied mechanical engineering, which is the branch that uses engineering and related fields for the purpose of creating, examining, manufacturing, and maintaining machines. As a result, mechanical engineering is one of the oldest as well as one of the broadest branches of engineering, seeing as how it can make a solid claim to h...
It isn’t uncommon for CEOs to serve as directors on the boards of other corporations. In McGarry, it is interesting to note that he is serving as a director of Axiall Corporation, which some people might better recognize under the name of Georgia Gulf Corporation. Regardless, said corporation specializes in the manufacturing as well as the marketin...
On a related note, McGarry is also a director at Eagle Spinco, which is a corporation that specializes in the making of commodity chemicals. Like their name suggests, commodity chemicals are chemicals that are produced in huge volumes for the purpose of satisfying a hungry global market. Often times, such chemicals are divided up into organic and i...
Before becoming CEO and Chairman, McGarry held other high-ranking positions at PPG Industries. For example, he was the COO between August of 2014 and September of 2015. Likewise, he has been involved in various segments that range from architectural coatings to silica products.
In recent times, PPG Industries has been underperforming. There are those who blame this underperformance on McGarry because of several incidents that have happened under his leadership. One example is a failed takeover of a Dutch rival while another example consists of the lost sales when Lowe’s chose Sherwin Williamsfor its exclusive paint suppli...
As a result, McGarry got targeted by Trian Fund Management, which wants the Board of Directors to replace him with his predecessor Charles Bunch, who seems to have been receptive to the idea. There is no indication that the board is willing to make this move, seeing as how it has stated that it stands firm behind McGarry. However, it has also state...
There are various causes for the underperformance that PPG Industries has been experiencing. For instance, there has been an increase in the cost of raw materials. Likewise, there have been some serious fluctuations in foreign exchange rates, which tend to make preparing for those issues that much more complicated and thus that much more resource-i...
This is a brief history of Michael McGorry and his intense passion for sports ranting to everyone and anyone who will listen. Enter: 1957, Michael McGorry is born. A true legend in his own mind, the eldest of 4 and growing up in idyllic suburbia, this child is destined for greatness.
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Michael is a highly-accomplished global business leader who most recently served as Executive Chairman of PPG Industries in 2023, and as Chairman and CEO from 2016 to 2022. During his tenure, PPG Industries led a successful portfolio transformation to become one of the world’s largest specialty coatings companies, with net sales of USD 18.2 ...
