Business report

PPG appoints Tim Knavish as CEO

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PPG recently named Tim Knavish as President and CEO, effective January 1.

Knavish has worked for PPG since 1987 in several roles. Most recently, he served as senior vice president of industrial coatings, beginning in 2017, and senior vice president of architectural coatings and president of PPG Europe, Middle East and Africa, beginning in January 2019. In October 2019, he was named executive vice president. Chairman, and in March 2022 he became Chief Operating Officer.

Additionally, Knavish joined the board on Thursday.

Knavish will succeed Michael McGarry, who served as CEO since September 2015 and is chairman of the board. McGarry will become executive chairman, effective Jan. 1, and retire Oct. 1 after more than 40 years with the company.

“Michael’s leadership in completing several of PPG’s largest acquisitions has had a significant impact on the expansion of the company’s portfolio and its reach into key growth markets,” said Hugh Grant, Senior Independent Director of PPG. “We thank him for his many contributions and look forward to his continued leadership as Executive Chairman of PPG’s Board of Directors. As we look to the future, the Board of Directors fully supports Tim and the entire PPG team in their efforts to achieve future growth and increased value for our shareholders.