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PPG Industries logoPPG Industries PPG

PPG said Senior Vice President, Operations Ramaprasad Vadlamannati has announced his intention to retire and will step down from that role effective October 1, 2024 but will remain with the company through December 31, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. PPG said Senior Vice President, Operations Ramaprasad Vadlamannati has announced his intention to retire and will step down from that role effective October 1, 2024 but will remain with the company through December 31, 2024.

  2. PPG said Kevin Braun, currently senior vice president, industrial coatings segment, will become senior vice president, operations, effective October 1, 2024, succeeding Vadlamannati. Braun will continue to report to Chairman and CEO Tim Knavish and serve on the operating committee.

  3. The company said Braun will lead the operations organization, covering supply chain, operational excellence, manufacturing operations, procurement, and environment, health and safety functions. The automotive OEM and industrial coatings businesses will report directly to Knavish.

  4. The company said Vadlamannati joined PPG with the acquisition of ICI Autocolor in 1999 and was appointed head of operations in January 2023. Braun started at PPG as a production engineer in 1991 and was named senior vice president, industrial coatings segment in 2023.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Vadlamannati Retirement and End of Role Timing

PPG said Senior Vice President, Operations Ramaprasad Vadlamannati has announced his intention to retire and will step down from that role effective October 1, 2024 but will remain with the company through December 31, 2024.

Source · Based on the filing body and exhibits

Kevin Braun Named Successor

PPG said Kevin Braun, currently senior vice president, industrial coatings segment, will become senior vice president, operations, effective October 1, 2024, succeeding Vadlamannati. Braun will continue to report to Chairman and CEO Tim Knavish and serve on the operating committee.

Source · Based on the filing body and exhibits

Braun's Responsibilities and Reporting Changes

The company said Braun will lead the operations organization, covering supply chain, operational excellence, manufacturing operations, procurement, and environment, health and safety functions. The automotive OEM and industrial coatings businesses will report directly to Knavish.

Source · Based on the filing body and exhibits

Career History of Both Executives at PPG

The company said Vadlamannati joined PPG with the acquisition of ICI Autocolor in 1999 and was appointed head of operations in January 2023. Braun started at PPG as a production engineer in 1991 and was named senior vice president, industrial coatings segment in 2023.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.