PPG Industries Director John V. Faraci Retires at 2022 Annual Meeting; Shareholders Approve Annual Election of Directors

PPG INDUSTRIES INC

Director John V. Faraci retired effective April 21, 2022, under the company's age-72 retirement policy.
Shareholders elected four directors (Heminger, Ligocki, McGarry, Nally) to terms expiring 2025.
Advisory vote on executive compensation approved with ~180.3M votes for vs 9.6M against.
Proposal to amend articles for annual director election passed with ~189.5M votes for (exceeds 80% threshold).
Proposal to eliminate supermajority voting requirements failed to reach 80% threshold; meeting adjourned to May 9, 2022.

item 5.02 item 5.07

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Departed

John V. Faraci

Director

PPG · PPG INDUSTRIES INC

Effective: 2022-04-21
Filed: April 27, 2022, 7:59 PM ET

John V. Faraci turned 72 before the 2022 Annual Meeting and in accordance with this requirement Mr. Faraci retired from the Company’s Board of Directors, effective at the 2022 Annual Meeting.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John V. Faraci retired as Director at PPG INDUSTRIES INC.

Action: retired
Role: Director

Exact text from the filing

John V. Faraci turned 72 before the 2022 Annual Meeting and in accordance with this requirement Mr. Faraci retired from the Company’s Board of Directors, effective at the 2022 Annual Meeting.

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PPG INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000079879-22-000027

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