8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM	8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 18, 2024

PPG INDUSTRIES, INC.
(Exact Name of Registrant as Specified in Charter)		Pennsylvania	001-1687	25-0730780
---	---	---
(State or Other Jurisdiction<br>of Incorporation)	(Commission<br>File Number)	(I.R.S. Employer<br>Identification No.)

One PPG Place, Pittsburgh, Pennsylvania, 15272

(Address of Principal Executive Offices, and Zip Code)

(412) 434-3131

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $1.66 2/3	PPG	New York Stock Exchange
0.875% Notes due 2025	PPG 25	New York Stock Exchange
1.875% Notes due 2025	PPG 25A	New York Stock Exchange
1.400% Notes due 2027	PPG 27	New York Stock Exchange
2.750% Notes due 2029	PPG 29A	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 18, 2024, the Board of Directors of PPG Industries, Inc. (the “Company”) elected Kathy L. Fortmann as a director of the Company, effective July 17, 2024. Ms. Fortmann will serve in the class of directors whose term expires at the 2025 Annual Meeting of Shareholders. The Board of Directors appointed Ms. Fortmann to the Audit Committee and the Sustainability and Innovation Committee of the Board of Directors.

As an independent director of the Company, Ms. Fortmann will be entitled to receive compensation consistent with that of the Company’s other independent directors who are not employees of the Company, as described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 7, 2024 under the caption “Compensation of Directors,” which portion of such proxy statement is incorporated herein by reference.

Ms. Fortmann was not selected as a director of the Company pursuant to any arrangement or understanding between Ms. Fortmann and any other person or entity.

A press release reporting the election of Ms. Fortmann as a director of the Company is attached hereto as Exhibit 99 and is incorporated herein by reference.

Item 9.01	Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
99	Press release of PPG Industries, Inc. dated April 22, 2024
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		PPG INDUSTRIES, INC.
		(Registrant)
Date: April 22, 2024	By:	/s/ Timothy M. Knavish
		Timothy M. Knavish
		Chairman and Chief Executive Officer

Document

Exhibit 99

News

PPG Media Contact:

Mark Silvey

Corporate Communications

silvey@ppg.com

PPG Investor Contact:

Jonathan Edwards

Investor Relations

+1-412-434-3466

jonathanedwards@ppg.com

investor.ppg.com

Kathy Fortmann joins PPG Board of Directors

PITTSBURGH, April 22, 2024 – PPG (NYSE:PPG) today announced that Kathy L. Fortmann has been elected to join its board of directors, effective July 17, 2024. Fortmann most recently served from 2021 to 2023 as Chief Executive Officer of ACOMO N.V., a Dutch publicly-listed company focused on conventional and organic niche food products and ingredients for the food and beverage industry. She will serve on the PPG board’s Audit Committee and the Sustainability and Innovation Committee.

Prior to ACOMO, Fortmann held various roles at International Flavors & Fragrances Inc. (“IFF”) from 2020 until 2021, including Division President of Nourish, Division Chief Executive Officer, Taste, and Head, Taste Strategy and Cross Fertilization. Previously, she was an executive at FrieslandCampina, a dairy cooperative in Europe from 2017 to 2019, serving as Business Group President, Ingredients and a Member of the Executive Committee. From 2005 until 2017, Fortmann held various leadership positions at Cargill, Incorporated, a world leading provider of food ingredients and agricultural services and products. Prior to Cargill, she held positions with increasing responsibility at E.I. DuPont de Nemours, Inc. from 1989 until 2005. Fortmann currently serves as a Director of FMC Corporation, a global agricultural sciences company, and previously served as a Director of ACOMO NV from 2021 until 2023 and James Finlay Limited from 2019 until 2021.

“PPG’s board of directors continually seeks to maintain an appropriate balance of directors with varying tenure, expertise and diversity,” said Michael W. Lamach, PPG lead independent director. “We are pleased that Kathy has joined the board, as her proven leadership capabilities will help to further strengthen PPG and help guide its strategic direction.”

“Kathy brings to PPG nearly 35 years of global business experience across a variety of industries. Her senior leadership roles at several leading, multinational companies provides her with extensive experience managing business operations,” said Timothy M. Knavish, PPG chairman and chief executive officer. “In particular, Kathy’s experience leading businesses in Europe and growing businesses with a sustainability focus will provide valuable expertise to PPG and our leadership team.”

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 140 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 70 countries and reported net sales of $18.2 billion in 2023. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.