{"schema_version":"secwatch.filing_event.v1","accession":"0000079879-22-000072","form_type":"8-K","ticker":"PPG","cik":"0000079879","company_name":"PPG INDUSTRIES INC","filed_at":"2022-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.593578+00:00","generated_at":"2026-06-23T02:48:32.513837+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"CEO succession at PPG: Knavish to become CEO Jan 1, 2023; McGarry Executive Chairman then retiring Oct 1, 2023","bullets":["Tim Knavish elected President and CEO effective Jan 1, 2023; joins Board Oct 20, 2022.","Michael McGarry named Executive Chairman Jan 1, 2023; plans to retire Oct 1, 2023.","Knavish salary set at $1.2M, target bonus $1.74M, equity grant worth $7.5M.","McGarry to receive time-based RSUs valued at $5M, vesting on/after July 1, 2023 retirement.","Knavish previously COO since March 2022; McGarry CEO since Sept 2015."],"urls":{"canonical":"https://secwatch.observer/filing/0000079879-22-000072","json":"https://secwatch.observer/filing/0000079879-22-000072.json","markdown":"https://secwatch.observer/filing/0000079879-22-000072.md","text":"https://secwatch.observer/filing/0000079879-22-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79879/000007987922000072/0000079879-22-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79879/000007987922000072/ppg-20221019.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T02:48:32.513837+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c48d1dd2a","claim":"Michael H. McGarry departed as Executive Chairman and director at PPG INDUSTRIES INC.","evidence_excerpt":"Mr. McGarry also informed the Board of Directors that he intends to retire as Executive Chairman and as a director of the Company, effective October 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987922000072/0000079879-22-000072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"intends to retire"},{"label":"Role","value":"Executive Chairman and director"}],"fact_type":"executive_change"},{"claim_id":"a2f020240e","claim":"Timothy M. Knavish was elected as director at PPG INDUSTRIES INC.","evidence_excerpt":"The Board of Directors also elected Mr. Knavish as a director","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987922000072/0000079879-22-000072-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}