NYSE:PPGChemicals
New PPG CFO Appointment Puts Focus On Valuation And Capital Allocation
PPG Industries (NYSE:PPG) has appointed Jamie A. Beggs as incoming CFO.
Beggs will succeed Vincent J. Morales following his retirement after a 41 year career with the company.
For investors watching NYSE:PPG, this change in the finance leadership comes as the shares trade at $107.68, with a 1 year return of 6.5%. Over longer periods the picture has been mixed, with a 3 year return of 17.6% decline and a 5 year return of 33.4% decline. This provides some context for why capital allocation...