ppg-20210218

Pennsylvania

001-1687

25-0730780

(State or Other Jurisdiction
of Incorporation)

(Commission
File Number)

(I.R.S. Employer
Identification No.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $1.66 2/3

PPG

New York Stock Exchange

0.875% Notes due 2022

PPG 22

New York Stock Exchange

0.875% Notes due 2025

PPG 25

New York Stock Exchange

1.400% Notes due 2027

PPG 27

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02						Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 18, 2021, the Board of Directors of PPG Industries, Inc. (the “Company”) elected Michael T. Nally and Guillermo Novo as directors of the Company to serve in the class whose term expires at the 2021 Annual Meeting of Shareholders. The Board of Directors appointed Mr. Nally to the Audit Committee and the Technology and Environment Committee of the Board of Directors and Mr. Novo to the Audit Committee and the Officers-Directors Compensation Committee of the Board of Directors.

As independent directors of the Company, Messrs. Nally and Novo will be entitled to receive compensation consistent with that of the Company’s other independent directors who are not employees of the Company, as described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 5, 2020 under the caption “Compensation of Directors,” which portion of such proxy statement is incorporated herein by reference.

Mr. Novo is Chairman of the Board and Chief Executive Officer of Ashland Global Holdings Inc. In 2020, PPG purchased approximately $21,500,000 of products and services from Ashland Global Holdings. Such purchases and sales were made in the ordinary course of each company’s business and amount to less than two percent of each company’s consolidated gross revenues for 2020.

Neither Mr. Nally nor Mr. Novo were selected as a director of the Company pursuant to any arrangement or understanding between either Messrs. Nally and Novo and any other person or entity.

A press release reporting the approval of the election of Messrs. Nally and Novo as directors of the Company is attached hereto as Exhibit 99 and is incorporated herein by reference.


Exhibit Number						Description
99						Press release of PPG Industries, Inc. dated February 18, 2021.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


		PPG INDUSTRIES, INC.
		(Registrant)

Date: February 18, 2021	By:	/s/ Michael H. McGarry
		Michael H. McGarry
		Chairman and Chief Executive Officer



PPG INDUSTRIES, INC.
(Exact Name of Registrant as Specified in Charter)



FORM			8-K


Item 9.01						Financial Statements and Exhibits.