PPG announced that its board of directors has unanimously elected PPG president and CEO, Tim Knavish, 58, as chair of the company’s board of directors and CEO.
“After a thoughtful and deliberative process, the board agreed that appointing Tim as chair and CEO enhances the alignment between PPG management and the board in implementing PPG’s enterprise growth strategy,” said Hugh Grant, PPG independent lead director and retired chairman and chief executive officer, Monsanto Company.
Knavish succeeds Michael McGarry, 65, who served as chairman and CEO from 2016 to 2022 and has retired as executive chairman.
“We want to recognize the significant contributions Michael has made in leading PPG through some of the most challenging periods in its 140-year history,” said Grant.
Knavish has served in his current role as president and CEO since January 1, 2023 and previously served as chief operating officer beginning in March 2022.
Prior to being named chief operating officer, Knavish was executive vice president beginning in October 2019.
Knavish joined PPG in 1987 at PPG’s global headquarters in Pittsburgh and he has held roles of increasing responsibility during his 36 years with the company.
“Tim has an intimate knowledge of the business, can quickly identify and implement strategic priorities, and has demonstrated the ability to serve as an effective bridge between the board and management,” said Grant.