Kathy Fortmann joins PPG board of directors
Kathy Fortmann joins PPG board of directors
PPG (NYSE:PPG) today announced that Kathy L. Fortmann has been elected to join its board of directors, effective July 17, 2024. Fortmann most recently served from 2021 to 2023 as Chief Executive Officer of ACOMO N.V., a Dutch publicly-listed company focused on conventional and organic niche food products and ingredients for the food and beverage industry. She will serve on the PPG board’s Audit Committee and the Sustainability and Innovation Committee.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240422514023/en/
PPG announced that Kathy L. Fortmann has been elected to join its board of directors, effective July 17, 2024. (Photo: Business Wire)
Prior to ACOMO, Fortmann held various roles at International Flavors & Fragrances Inc. (“IFF”) from 2020 until 2021, including Division President of Nourish, Division Chief Executive Officer, Taste, and Head, Taste Strategy and Cross Fertilization. Previously, she was an executive at FrieslandCampina, a dairy cooperative in Europe from 2017 to 2019, serving as Business Group President, Ingredients and a Member of the Executive Committee. From 2005 until 2017, Fortmann held various leadership positions at Cargill, Incorporated, a world leading provider of food ingredients and agricultural services and products. Prior to Cargill, she held positions with increasing responsibility at E.I. DuPont de Nemours, Inc. from 1989 until 2005. Fortmann currently serves as a Director of FMC Corporation, a global agricultural sciences company, and previously served as a Director of ACOMO NV from 2021 until 2023 and James Finlay Limited from 2019 until 2021.
“PPG’s board of directors continually seeks to maintain an appropriate balance of directors with varying tenure, expertise and diversity,” said Michael W. Lamach, PPG lead independent director. “We are pleased that Kathy has joined the board, as her proven leadership capabilities will help to further strengthen PPG and help guide its strategic direction.”
“Kathy brings to PPG nearly 35 years of global business experience across a variety of industries. Her senior leadership roles at several leading, multinational companies provides her with extensive experience managing business operations,” said Timothy M. Knavish, PPG chairman and chief executive officer. “In particular, Kathy’s experience leading businesses in Europe and growing businesses with a sustainability focus will provide valuable expertise to PPG and our leadership team.”
PPG: WE PROTECT AND BEAUTIFY THE WORLD®
At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $18.2 billion in 2023. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.
The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
CATEGORY Corporate
PPG Media Contact:
Mark Silvey
Corporate Communications
+1-412-434-3046
silvey@ppg.com
PPG Investor Contact:
Jonathan Edwards
Investor Relations
+1-412-434-3466
jonathanedwards@ppg.com
investor.ppg.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20240422514023/en/
-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
Berkshire Hathaway Earnings: Strong Insurance Results Continue to Lift Revenue and Profitability
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025
-
4 Utility Stocks to Play the AI Data Center Boom