PPG appoints Jain vice president, strategic planning and corporate development
PITTSBURGH, Dec. 23, 2010 – PPG Industries (NYSE: PPG) today announced the appointment of Anup Jain as vice president, strategic planning and corporate development, effective Jan. 1, 2011. Jain will join the company’s operating committee and report directly to Chairman and CEO Charles E. Bunch at PPG’s global headquarters in downtown Pittsburgh.
“Anup brings a broad range of experience to this important strategic role, which will be instrumental to PPG as we continue to grow and expand our businesses globally,” Bunch said. “It’s my pleasure to welcome Anup to PPG and my leadership team.”
Jain previously held the positions of vice president and general manager, global test and measurement, and director, strategy, for Honeywell Corp. From 2002 to 2004, he was an operating principal with Three Cities Research, a private equity firm, serving on its board of directors and working with top management at portfolio companies to drive turnaround and growth. Jain worked from 1997 to 2002 with McKinsey and Co., where he developed expertise in pricing and product strategies. He began his career with IBM Corporation as a systems sales engineer, and later became manager, strategy/business development, retail solutions.
Jain attended the University of Michigan, where he graduated summa cum laude with a Bachelor of Science degree in computer and electrical engineering and earned a Master of Business Administration degree. He assumes leadership for PPG’s strategic planning from Aziz Giga, PPG vice president, strategic planning, and treasurer, who will continue to serve as vice president and treasurer and as a member of PPG’s operating committee.
“Aziz has done an extraordinary job leading the treasury and strategic planning functions for PPG since 2007, during one of the most challenging business and financial periods in the company’s history,” Bunch said. “His keen intellect and broad range of knowledge and experience contribute to PPG’s success well beyond his functional responsibilities.”
PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG operates in more than 60 countries around the globe. Sales in 2009 were $12.2 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.
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