PPG, Pittsburgh, Pennsylvania, has announced that Tim Knavish, chief operating officer, has been named president and chief executive officer (CEO), effective Jan. 1, 2023. Knavish joined the company’s Board of Directors on October 20, 2022. Knavish, 57, who has served as PPG’s chief operating officer since March, succeeded Chairman and CEO Michael McGarry, 64, in the role of CEO.
McGarry, who served as CEO since September 2015, will become executive chairman on Jan. 1, 2023. McGarry also has announced to the PPG Board of Directors his intention to retire as executive chairman and as a director of the company on October 1, 2023.
“I want to thank Michael and the PPG Board of Directors for their trust and confidence as we continue to drive PPG forward. Our global business portfolio remains well positioned for future growth and to successfully navigate through the current global economic challenges,” said Knavish. “I look forward to continuing to work with the more than 50,000 PPG people across the world to support our customers, deliver excellent business performance and create additional shareholder value.”
Prior to being named chief operating officer, Knavish served as executive vice president beginning in October 2019, where he was responsible for PPG’s global architectural coatings businesses; the global automotive refinish business; the Latin America region; and the digital and information technology functions. A native of Pittsburgh, Knavish earned both a bachelor’s degree in mechanical engineering and an M.B.A. from the University of Pittsburgh. He serves on the board of directors of the United Way of Southwestern Pennsylvania.
For more information, visit www.ppg.com.