Date: 3 April 2014
Cole reports to Executive Vice President Viktor Sekmakas. PPG announced earlier today it has completed the sale of its 51-percent ownership interest in its Transitions Optical joint venture.
Anup Jain, previously PPG vice president, silica products, has been appointed vice president, specialty coatings and materials. In this expanded leadership role, Jain will assume responsibility for the optical monomers and coatings and OLED/specialty synthesis businesses, and the photochromics research-and-development organization. He will continue to oversee PPG’s silica products business. Jain reports to Sekmakas.
“These executives have demonstrated strong performance in leading their respective businesses. I am confident that Dave and Anup will continue to contribute significantly to PPG’s business success in these key leadership roles,” Sekmakas said.
Rick Elias, previously senior vice president, optical and specialty materials, has retired from the company. Rick joined PPG in 1975 as a chemist at the company’s Allison Park, Pa., coatings research and development center. He was named vice president of sales and marketing when Transitions Optical, Inc. was established in 1990, and he progressed through various leadership roles in PPG’s optical products business, prior to being named senior vice president, optical and specialty materials, in 2008.
“Rick’s leadership in building the Transitions Optical business from the ground up to its current status as a global leader in photochromic ophthalmic eyewear is one of PPG’s greatest success stories,” said PPG Chairman and CEO Charles E. Bunch.
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PPG Industries' vision is to continue to be the world’s leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
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Media:
Mark Silvey
PPG Corporate Communications
412-434-3046
silvey@ppg.com
Investors:
Vince Morales
PPG Investor Relations
412-434-3740
vmorales@ppg.com
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