Skip to content
AnalystLens

PPG Industries 8-K Report, Executive Changes (Apr 28, 2026)

Reports
Leadership Changes·Exhibits & Filings
Filing Date
Filed April 28, 2026
Period End
April 28, 2026
Security
PPG
In the record · 2016–202610-K1210-Q338-K141

PPG filed 12 annual reports (10-K), 33 quarterly reports (10-Q) and 141 current reports (8-K) between 2016 and 2026.

  1. Restructuring8-K · Dec ’16Dec ’16
  2. Restructuring8-K · Jun ’19Jun ’19
  3. Leadership change8-K · Jul ’21Jul ’21
  4. Leadership change8-K · Apr ’25Apr ’25

01—Abstract

Summary

Summary of the 8-K filed April 28, 2026. Cited figures are marked; the original filing is the authoritative source.

PPG Industries, Inc. (NYSE: PPG) filed this Form 8-K on April 28, 2026 to announce a leadership change in its finance function.

Its board has elected Jamie A. Beggs as Senior Vice President and Chief Financial Officer, effective July 6, 2026, succeeding Vincent J. Morales, who is retiring on the same date after a 41-year career with the company.

Beggs has served as CFO of Avient Corporation since August 2020 and currently sits on the board of International Paper Company. She will report to Chairman and CEO Timothy M. Knavish and join PPG's executive and operating committees, with added executive leadership responsibilities for corporate development and information technology.

The filing discloses Beggs's compensation package: an annual base salary of $800,000,a a signing bonus of $350,000 subject to repayment if she resigns voluntarily before the first anniversary of her start date, a one-time restricted stock unit grant under the 2026 Omnibus Incentive Plan valued at $3.2 million vesting on the third anniversary of the grant date, a prorated 2026 target cash bonus of $800,000, and a 2026 equity grant with an aggregate value of $2.5 million. The 2026 equity grant comprises stock options, time-based and performance-based RSUs, and total shareholder return contingent shares, with a three-year performance period covering 2026 to 2028. She is also eligible for relocation benefits under the company's executive program.

The filing also discloses related-party transactions with Avient Corporation. PPG purchased approximately $524,000b of products from Avient in 2025 and approximately $163,000 in the first fiscal quarter of 2026, and made no sales to Avient in either period.

The company states these purchases were made in the ordinary course of business and were each less than one percent of the consolidated gross revenues of both companies for 2025 and the first quarter of 2026. PPG reported net sales of $15.9 billionc in 2025, according to the accompanying press release.

02—Key points

Key Highlights

  1. CFO transition: Jamie A. Beggs, 49, currently CFO of Avient Corporation since August 2020, will succeed Vincent J. Morales as SVP and CFO effective July 6, 2026, the same date Morales retires after 41 years with PPG.
  2. Expanded remit: Beggs will report to Chairman and CEO Timothy M. Knavish, join the executive and operating committees, and take on executive leadership responsibilities for corporate development and information technology.
  3. Base compensation: Annual base salary of $800,000, plus a $350,000 signing bonus that must be repaid if she voluntarily resigns before the first anniversary of her start date.
  4. Equity awards: A one-time RSU grant valued at $3.2 million vesting on the third anniversary of grant, plus a 2026 grant with an aggregate value of $2.5 million comprising options, RSUs and TSR shares over a 2026–2028 performance period.
  5. Cash bonus: A prorated 2026 target cash bonus of $800,000 under the Incentive Compensation Plan, payable in February 2027.
  6. Related-party purchases: PPG bought about $524,000 of products from Avient in 2025 and about $163,000 in Q1 2026, with no sales to Avient, all in the ordinary course and below one percent of each company's consolidated gross revenues.
  7. Context: The filing references a press release describing the appointment; PPG reported 2025 net sales of $15.9 billion.

03—Questions

Frequently Asked Questions

  1. Who is replacing PPG's CFO, and when does the change take effect?

    Jamie A. Beggs will become Senior Vice President and Chief Financial Officer effective July 6, 2026, succeeding Vincent J. Morales, whose retirement is also effective July 6, 2026.

  2. What is Jamie Beggs's background?

    Beggs has served as Senior Vice President and CFO of Avient Corporation since August 2020 and currently serves on the board of directors of International Paper Company. The press release states she has more than 25 years of financial leadership experience, including earlier roles as CFO of Hunt Consolidated, Inc. and at Celanese Corporation, and began her career at PricewaterhouseCoopers LLP.

  3. What are the key terms of Beggs's compensation package?

    She will receive an $800,000 annual base salary, a $350,000 signing bonus subject to repayment if she resigns voluntarily before the first anniversary of her start date, a one-time RSU grant valued at $3.2 million vesting on the third anniversary of grant, a prorated 2026 target cash bonus of $800,000 payable in February 2027, a 2026 equity grant valued at $2.5 million, and relocation benefits under the company's executive program.

  4. What is Beggs's expanded role at PPG?

    Beggs will report to Chairman and CEO Timothy M. Knavish, join PPG's executive and operating committees, and have executive leadership responsibilities for corporate development and information technology in addition to finance.

  5. Does the filing disclose any related-party transactions?

    Yes. PPG purchased approximately $524,000 of products from Avient Corporation in 2025 and approximately $163,000 in the first fiscal quarter of 2026, and made no sales to Avient in those periods. The company states these were ordinary-course purchases amounting to less than one percent of each company's consolidated gross revenues for 2025 and Q1 2026.

04—Continue

← View all 8-K filings