Management ChangeApr 28, 2026, 08:12 AM
PPG Appoints Jamie Beggs as SVP & CFO; Vince Morales Retires
AI Summary
PPG Industries, Inc. announced the appointment of Jamie A. Beggs as Senior Vice President and Chief Financial Officer, effective July 6, 2026. Ms. Beggs, 49, previously served as CFO of Avient Corporation since August 2020 and brings over 25 years of financial leadership experience. She will succeed Vincent J. Morales, who is retiring on the same date after a 41-year career with PPG. Ms. Beggs' compensation package includes an $800,000 annual base salary, a $350,000 signing bonus, and various equity grants.
Key Highlights
- Jamie A. Beggs appointed Senior Vice President and CFO, effective July 6, 2026.
- Vincent J. Morales to retire as CFO on July 6, 2026, after 41 years with PPG.
- Ms. Beggs' annual base salary set at $800,000.
- Ms. Beggs to receive a $350,000 signing bonus.
- One-time restricted stock unit grant of $3,200,000, vesting on the third anniversary.
- Prorated 2026 target cash bonus of $800,000.
- 2026 grant of stock options, RSUs, and TSR shares with an aggregate value of $2,500,000.
Price Impact
More from PPG