Global Coatings Company Appoints New CFO in July
PPG Industries, Inc. announced on April 28 that its board of directors has appointed Jamie A. Bex as vice president and chief financial officer, effective July 6, and that Vincent J. Morales, who has served as CFO for 41 years, will retire on the same date. Bex, currently CFO of Avient and a director at International Paper, will report to Chairman and CEO Timothy M. Knabish. In addition to leading finance, she will oversee corporate development and information technology, and will work alongside Morales during the transition to assume full CFO responsibilities.
Avient, preparing for Bex’s departure, has already announced a succession plan that names its new CFO effective June 1.
Headquartered in Pittsburgh, Pennsylvania, PPG Industries is a Fortune 500 company and the world’s second-largest coatings supplier, delivering paints, coatings, and specialty materials in over 70 countries. The company serves industries ranging from automotive and industrial to protective coatings and ranks among the leading global coatings firms alongside Sherwin-Williams and AkzoNobel.
Source: SEC 8K Filing