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PPG announces succession plan details of general counsel

1. PPG's general counsel to retire in 2026, facilitating leadership transition.

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FAQ

Why Neutral?

Though succession planning mitigates disruption, the impact of leadership changes can vary. Past transitions in legal leadership have shown mixed impacts on stock performance.

How important is it?

The announcement signifies ongoing corporate governance but is unlikely to create immediate market shifts. However, sustained improvements may positively affect perceptions of PPG's leadership stability.

Why Long Term?

Foulkes' transition may influence legal strategies and corporate governance over time. Leadership changes typically unfold over a longer horizon regarding market perception and operational impact.

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PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that Anne M. Foulkes, who has served as senior vice president and general counsel since 2018 and is a 30-year veteran of the company, will retire as part of a planned succession for the role. Effective Jan. 1, 2026, Foulkes, 62, will serve in a new role as senior vice president, legal and special projects, to ensure a smooth transition of general counsel responsibilities and oversee certain projects for the company through August 31, 2.

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