secwatch.observer — SEC 8-K summary
======================================

Issuer:     PPG INDUSTRIES INC (PPG)
CIK:        0000079879
Form:       8-K
Filed at:   2021-12-15T23:59:59+00:00
Accession:  0000079879-21-000082
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PPG appoints Tim Knavish as COO effective March 1, 2022
-------------------------------------------------------

- Tim Knavish appointed COO; will oversee all SBUs, operating regions, IT, EH&S, and procurement.
- Knavish has 35-year tenure at PPG; previously EVP leading global architectural coatings.
- Knavish's monthly salary increased to $75,000; prorated target cash bonus of $990,000.
- Grant of $2.8M in equity (stock options, RSUs, TSR shares) on Feb 16, 2022.
- Knavish played key role in Tikkurila and Ennis-Flint acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79879/000007987921000082/0000079879-21-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79879/000007987921000082/ppg-20211209.htm
  HTML page:      https://secwatch.observer/filing/0000079879-21-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer