[8-K] PPG Industries, Inc. Reports Material Event
PPG Industries announced that Anne M. Foulkes, Senior Vice President and General Counsel, intends to retire on August 31, 2026. To ensure an orderly handover, she will transition on January 1, 2026 to a role as Senior Vice President, Legal and Special Projects to oversee certain projects and assist the change in counsel. Ms. Foulkes will be eligible for a payment under the companys annual incentive plan in 2027 covering the full year of 2026, and her previously awarded stock options, restricted stock units and total shareholder return contingent shares will vest according to their terms.
The company named Joseph R. Gette, currently Vice President, Deputy General Counsel and Secretary, to become Senior Vice President, General Counsel and Secretary effective January 1, 2026. The company issued a press release announcing the transition, filed as Exhibit 99.
PPG Industries ha annunciato che Anne M. Foulkes, Senior Vice President e General Counsel, si ritirer脿 il 31 agosto 2026. Per assicurare un passaggio di consegne ordinato, dal 1 gennaio 2026 assumer脿 il ruolo di Senior Vice President, Legal and Special Projects per sovrintendere a determinati progetti e agevolare il cambio della direzione legale. La signora Foulkes avr脿 diritto a un pagamento previsto dal piano di incentivazione annuale della societ脿 nel 2027 relativo all'intero anno 2026, e le opzioni su azioni gi脿 assegnate, le restricted stock unit e le azioni condizionate legate al total shareholder return matureranno secondo i rispettivi termini.
L'azienda ha nominato Joseph R. Gette, attualmente Vice President, Deputy General Counsel and Secretary, a ricoprire la carica di Senior Vice President, General Counsel and Secretary con decorrenza 1 gennaio 2026. La societ脿 ha pubblicato un comunicato stampa sulla transizione, depositato come Exhibit 99.
PPG Industries anunci贸 que Anne M. Foulkes, Senior Vice President y General Counsel, tiene previsto retirarse el 31 de agosto de 2026. Para garantizar una entrega ordenada, a partir del 1 de enero de 2026 asumir谩 el puesto de Senior Vice President, Legal and Special Projects para supervisar determinados proyectos y facilitar el cambio de asesor铆a legal. La Sra. Foulkes tendr谩 derecho a un pago bajo el plan de incentivos anual de la compa帽铆a en 2027 correspondiente a todo el a帽o 2026, y sus opciones sobre acciones ya otorgadas, las restricted stock units y las acciones contingentes vinculadas al total shareholder return se consolidar谩n de acuerdo con sus t茅rminos.
La compa帽铆a nombr贸 a Joseph R. Gette, actualmente Vice President, Deputy General Counsel and Secretary, como Senior Vice President, General Counsel and Secretary con efecto a partir del 1 de enero de 2026. La empresa emiti贸 un comunicado de prensa anunciando la transici贸n, presentado como Exhibit 99.
PPG Industries電� Anne M. Foulkes 靾橃劃攵�靷灔 瓴� 氩曤齑濌磩(General Counsel)鞚� 2026雲� 8鞗� 31鞚�攵�搿� 鞚�韲错暊 鞓堨爼鞚措澕瓿� 氚滍憸頄堨姷雼堧嫟. 鞗愴櫆頃� 鞚胳垬鞚戈硠毳� 鞙勴暣 2026雲� 1鞗� 1鞚�攵�搿� Senior Vice President, Legal and Special Projects 歆侅眳鞙茧 鞚措彊頃橃棳 韸轨爼 頂勲鞝濏姼毳� 臧愲弲頃橁碃 氩曤 毂呾瀯鞛� 甑愳泊毳� 歆�鞗愴暊 鞓堨爼鞛呺媹雼�. Foulkes 鞌姅 2026雲� 鞝勳泊 旮瓣皠鞚� 雽�靸侅溂搿� 頃� 須岇偓鞚� 鞐瓣皠 鞚胳劶韹半笇 頂岆灉鞐� 霐半澕 2027云�鞐� 歆�旮夓潉 氚涭潉 鞛愱博鞚� 鞛堨溂氅�, 鞚措 攵�鞐悳 欤检嫕毵れ垬甓�, 鞝滍暅攵� 欤检嫕 雼渼(Restricted Stock Units) 氚� 齑濎＜欤检垬鞚�(Total Shareholder Return) 臁瓣贝攵� 欤检嫕鞚� 鞎届爼霅� 臁瓣贝鞐� 霐半澕 頄夓偓路頇曥爼霅╇媹雼�.
須岇偓電� 順勳灛 攵�靷灔 瓴� Deputy General Counsel and Secretary搿� 鞛 欷戩澑 Joseph R. Gette毳� 2026雲� 1鞗� 1鞚�攵�搿� Senior Vice President, General Counsel and Secretary搿� 鞛勲獏頄堨姷雼堧嫟. 鞚� 鞝勴櫂鞚� 氚滍憸頃橂姅 氤措弰鞛愲電� Exhibit 99搿� 鞝滌稖霅橃棃鞀惦媹雼�.
PPG Industries a annonc茅 que Anne M. Foulkes, Senior Vice President et General Counsel, a l'intention de prendre sa retraite le 31 ao没t 2026. Pour assurer une passation de responsabilit茅s ordonn茅e, elle passera au poste de Senior Vice President, Legal and Special Projects 脿 compter du 1er janvier 2026 afin de superviser certains projets et d'aider la transition de la direction juridique. Mme Foulkes sera 茅ligible 脿 un paiement au titre du plan d'incitation annuel de la soci茅t茅 en 2027 couvrant l'ensemble de l'ann茅e 2026, et ses options d'achat d'actions d茅j脿 attribu茅es, ses restricted stock units et ses actions conditionnelles li茅es au total shareholder return acquerront selon leurs modalit茅s.
La soci茅t茅 a nomm茅 Joseph R. Gette, actuellement Vice President, Deputy General Counsel and Secretary, au poste de Senior Vice President, General Counsel and Secretary 脿 compter du 1er janvier 2026. La soci茅t茅 a publi茅 un communiqu茅 de presse annon莽ant la transition, d茅pos茅 comme Exhibit 99.
PPG Industries gab bekannt, dass Anne M. Foulkes, Senior Vice President und General Counsel, beabsichtigt, am 31. August 2026 in den Ruhestand zu treten. Um eine geordnete 脺bergabe zu gew盲hrleisten, wird sie ab dem 1. Januar 2026 die Position Senior Vice President, Legal and Special Projects 眉bernehmen, um bestimmte Projekte zu betreuen und den Wechsel der Rechtsf眉hrung zu unterst眉tzen. Frau Foulkes hat Anspruch auf eine Zahlung im Rahmen des j盲hrlichen Bonusplans des Unternehmens im Jahr 2027, die das gesamte Jahr 2026 abdeckt, und ihre bereits gew盲hrten Aktienoptionen, Restricted Stock Units sowie die an die Total Shareholder Return gekn眉pften bedingten Aktien werden gem盲脽 ihren Bedingungen vesten.
Das Unternehmen hat Joseph R. Gette, derzeit Vice President, Deputy General Counsel and Secretary, zum Senior Vice President, General Counsel and Secretary mit Wirkung zum 1. Januar 2026 ernannt. Das Unternehmen ver枚ffentlichte eine Pressemitteilung zur 脺bergabe, die als Exhibit 99 eingereicht wurde.
- Orderly succession: Internal successor Joseph R. Gette named General Counsel effective January 1, 2026
- Planned transition role: Anne M. Foulkes will serve as Senior VP, Legal and Special Projects to ensure handover
- Compensation continuity: Ms. Foulkes is eligible for a 2027 annual incentive payment covering 2026
- Equity clarity: Previously awarded options, RSUs and TSR contingent shares will vest in accordance with their terms
- Leadership change: The company will lose its current Senior Vice President and General Counsel when Anne M. Foulkes retires on August 31, 2026
Insights
TL;DR An orderly, internal succession preserves continuity and aligns incentives for a smooth legal transition.
The announcement details a planned retirement with an explicit transition period and an internal successor, which reduces execution risk compared with an external hire. Maintaining Ms. Foulkes in a senior legal/projects role through the transition and confirming that equity awards will vest per their terms are retention elements that support continuity. The eligibility for a 2027 incentive payment for 2026 work further aligns compensation with transition objectives. Overall, governance practices shown are consistent with minimizing disruption to legal oversight.
TL;DR Internal promotion and a multi-month handover limit near-term operational and disclosure risk.
From a market-impact perspective, the item is routine: the company appointed an internal successor effective January 1, 2026 and set a clear timeline to the retirees final date of August 31, 2026. The explicit statement that equity awards will vest per plan and the specified incentive payment timing reduce uncertainty about compensation-related costs. There are no financial metrics or indications of material liabilities tied to this change, so immediate investor impact appears limited.
PPG Industries ha annunciato che Anne M. Foulkes, Senior Vice President e General Counsel, si ritirer脿 il 31 agosto 2026. Per assicurare un passaggio di consegne ordinato, dal 1 gennaio 2026 assumer脿 il ruolo di Senior Vice President, Legal and Special Projects per sovrintendere a determinati progetti e agevolare il cambio della direzione legale. La signora Foulkes avr脿 diritto a un pagamento previsto dal piano di incentivazione annuale della societ脿 nel 2027 relativo all'intero anno 2026, e le opzioni su azioni gi脿 assegnate, le restricted stock unit e le azioni condizionate legate al total shareholder return matureranno secondo i rispettivi termini.
L'azienda ha nominato Joseph R. Gette, attualmente Vice President, Deputy General Counsel and Secretary, a ricoprire la carica di Senior Vice President, General Counsel and Secretary con decorrenza 1 gennaio 2026. La societ脿 ha pubblicato un comunicato stampa sulla transizione, depositato come Exhibit 99.
PPG Industries anunci贸 que Anne M. Foulkes, Senior Vice President y General Counsel, tiene previsto retirarse el 31 de agosto de 2026. Para garantizar una entrega ordenada, a partir del 1 de enero de 2026 asumir谩 el puesto de Senior Vice President, Legal and Special Projects para supervisar determinados proyectos y facilitar el cambio de asesor铆a legal. La Sra. Foulkes tendr谩 derecho a un pago bajo el plan de incentivos anual de la compa帽铆a en 2027 correspondiente a todo el a帽o 2026, y sus opciones sobre acciones ya otorgadas, las restricted stock units y las acciones contingentes vinculadas al total shareholder return se consolidar谩n de acuerdo con sus t茅rminos.
La compa帽铆a nombr贸 a Joseph R. Gette, actualmente Vice President, Deputy General Counsel and Secretary, como Senior Vice President, General Counsel and Secretary con efecto a partir del 1 de enero de 2026. La empresa emiti贸 un comunicado de prensa anunciando la transici贸n, presentado como Exhibit 99.
PPG Industries電� Anne M. Foulkes 靾橃劃攵�靷灔 瓴� 氩曤齑濌磩(General Counsel)鞚� 2026雲� 8鞗� 31鞚�攵�搿� 鞚�韲错暊 鞓堨爼鞚措澕瓿� 氚滍憸頄堨姷雼堧嫟. 鞗愴櫆頃� 鞚胳垬鞚戈硠毳� 鞙勴暣 2026雲� 1鞗� 1鞚�攵�搿� Senior Vice President, Legal and Special Projects 歆侅眳鞙茧 鞚措彊頃橃棳 韸轨爼 頂勲鞝濏姼毳� 臧愲弲頃橁碃 氩曤 毂呾瀯鞛� 甑愳泊毳� 歆�鞗愴暊 鞓堨爼鞛呺媹雼�. Foulkes 鞌姅 2026雲� 鞝勳泊 旮瓣皠鞚� 雽�靸侅溂搿� 頃� 須岇偓鞚� 鞐瓣皠 鞚胳劶韹半笇 頂岆灉鞐� 霐半澕 2027云�鞐� 歆�旮夓潉 氚涭潉 鞛愱博鞚� 鞛堨溂氅�, 鞚措 攵�鞐悳 欤检嫕毵れ垬甓�, 鞝滍暅攵� 欤检嫕 雼渼(Restricted Stock Units) 氚� 齑濎＜欤检垬鞚�(Total Shareholder Return) 臁瓣贝攵� 欤检嫕鞚� 鞎届爼霅� 臁瓣贝鞐� 霐半澕 頄夓偓路頇曥爼霅╇媹雼�.
須岇偓電� 順勳灛 攵�靷灔 瓴� Deputy General Counsel and Secretary搿� 鞛 欷戩澑 Joseph R. Gette毳� 2026雲� 1鞗� 1鞚�攵�搿� Senior Vice President, General Counsel and Secretary搿� 鞛勲獏頄堨姷雼堧嫟. 鞚� 鞝勴櫂鞚� 氚滍憸頃橂姅 氤措弰鞛愲電� Exhibit 99搿� 鞝滌稖霅橃棃鞀惦媹雼�.
PPG Industries a annonc茅 que Anne M. Foulkes, Senior Vice President et General Counsel, a l'intention de prendre sa retraite le 31 ao没t 2026. Pour assurer une passation de responsabilit茅s ordonn茅e, elle passera au poste de Senior Vice President, Legal and Special Projects 脿 compter du 1er janvier 2026 afin de superviser certains projets et d'aider la transition de la direction juridique. Mme Foulkes sera 茅ligible 脿 un paiement au titre du plan d'incitation annuel de la soci茅t茅 en 2027 couvrant l'ensemble de l'ann茅e 2026, et ses options d'achat d'actions d茅j脿 attribu茅es, ses restricted stock units et ses actions conditionnelles li茅es au total shareholder return acquerront selon leurs modalit茅s.
La soci茅t茅 a nomm茅 Joseph R. Gette, actuellement Vice President, Deputy General Counsel and Secretary, au poste de Senior Vice President, General Counsel and Secretary 脿 compter du 1er janvier 2026. La soci茅t茅 a publi茅 un communiqu茅 de presse annon莽ant la transition, d茅pos茅 comme Exhibit 99.
PPG Industries gab bekannt, dass Anne M. Foulkes, Senior Vice President und General Counsel, beabsichtigt, am 31. August 2026 in den Ruhestand zu treten. Um eine geordnete 脺bergabe zu gew盲hrleisten, wird sie ab dem 1. Januar 2026 die Position Senior Vice President, Legal and Special Projects 眉bernehmen, um bestimmte Projekte zu betreuen und den Wechsel der Rechtsf眉hrung zu unterst眉tzen. Frau Foulkes hat Anspruch auf eine Zahlung im Rahmen des j盲hrlichen Bonusplans des Unternehmens im Jahr 2027, die das gesamte Jahr 2026 abdeckt, und ihre bereits gew盲hrten Aktienoptionen, Restricted Stock Units sowie die an die Total Shareholder Return gekn眉pften bedingten Aktien werden gem盲脽 ihren Bedingungen vesten.
Das Unternehmen hat Joseph R. Gette, derzeit Vice President, Deputy General Counsel and Secretary, zum Senior Vice President, General Counsel and Secretary mit Wirkung zum 1. Januar 2026 ernannt. Das Unternehmen ver枚ffentlichte eine Pressemitteilung zur 脺bergabe, die als Exhibit 99 eingereicht wurde.
FAQ
When will PPG's General Counsel retire?
Who will replace the General Counsel at PPG (PPG)?
Will Anne Foulkes receive any incentive payments related to 2026?
What happens to Ms. Foulkes equity awards?
Is there a press release about the transition?
