-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, R0YaxFjlamj+BxK/N5a1I/XptJ2biQTl41jg8mebh4Sy/OK9wiRLzW1WH1I3bqxy rsEILFX0vaNs8368GGAzUQ== 0000950152-08-003096.txt : 20080428 0000950152-08-003096.hdr.sgml : 20080428 20080428140358 ACCESSION NUMBER: 0000950152-08-003096 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20080424 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080428 DATE AS OF CHANGE: 20080428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPG INDUSTRIES INC CENTRAL INDEX KEY: 0000079879 STANDARD INDUSTRIAL CLASSIFICATION: PAINTS, VARNISHES, LACQUERS, ENAMELS & ALLIED PRODUCTS [2851] IRS NUMBER: 250730780 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01687 FILM NUMBER: 08780415 BUSINESS ADDRESS: STREET 1: ONE PPG PL 40 EAST CITY: PITTSBURGH STATE: PA ZIP: 15272 BUSINESS PHONE: 4124343131 MAIL ADDRESS: STREET 1: ONE PPG PL 40 EAST CITY: PITTSBURGH STATE: PA ZIP: 15272 FORMER COMPANY: FORMER CONFORMED NAME: PITTSBURGH PLATE GLASS CO DATE OF NAME CHANGE: 19681219 8-K 1 l31262ae8vk.htm PPG INDUSTRIES, INC. 8-K PPG Industries, Inc. 8-K
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 24, 2008
PPG INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
         
Pennsylvania   001-01687   25-0730780
         
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)
         
One PPG Place, Pittsburgh, Pennsylvania       15272
         
(Address of principal executive offices)       (Zip code)
Registrant’s telephone number, including area code: (412) 434-3131
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 28, 2008, PPG Industries, Inc. (the “Company”) issued a press release announcing that Kevin F. Sullivan, Senior Vice President, Chemicals will retire from the Company. A copy of the Company’s press release is attached hereto as Exhibit 99.
In connection with his decision to retire from the Company, on April 24, 2008, the Company entered into a verbal retirement arrangement with Mr. Sullivan, the material terms of which are set forth on Exhibit 10 attached hereto and incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
         
Exhibit 10
  -   Material terms of retirement arrangement with Kevin F. Sullivan.
 
       
Exhibit 99
  -   Press release dated April 28, 2008.

 


 

SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
Dated: April 28, 2008  PPG INDUSTRIES, INC.
(Registrant)
 
 
  By:   /s/ William H. Hernandez    
    William H. Hernandez   
    Senior Vice President, Finance and Chief Financial Officer   
 

 

EX-10 2 l31262aexv10.htm EX-10 EX-10
 

r

Exhibit 10
Material Terms of Retirement Arrangement with Kevin F. Sullivan
The retirement arrangement between PPG Industries, Inc. and Kevin F. Sullivan, entered into as of April 24, 2008, was a verbal agreement. The material terms of the agreement are set forth below.
     
Effective date of retirement:
  January 1, 2009
Monthly base salary of $30,000 continues through:
  December 31, 2008
Eligible for annual incentive award payable for fiscal 2008:
  Yes, payable in first quarter 2009
Cash payment for unused vacation prior to July 1, 2008:
  Yes, payable January 1, 2009

EX-99 3 l31262aexv99.htm EX-99 EX-99
 

Exhibit 99
     
(PPG LOGO)
  PPG Industries
 
   
 
  PPG Industries, Inc.
 
  One PPG Place
 
  Pittsburgh, Pennsylvania 15272 USA
 
  www.ppg.com
 
   
News
  Contact:
Jack Maurer
412-434-2181
jmaurer@ppg.com
 
   
 
  Investors:
 
  Vince Morales
 
  412-434-3740
 
  vmorales@ppg.com
PPG Senior Vice President Sullivan to retire
PITTSBURGH, April 28, 2008 — Kevin Sullivan, senior vice president, chemicals, announced today that he will retire from PPG Industries (NYSE:PPG). He will transition his responsibilities as of July 1.
“Kevin’s contributions to both our chemicals and fiber glass businesses over the years have been significant and his natural business acumen will be missed,” said Charles E. Bunch, chairman and chief executive officer. “On the personal side, I am happy for him and wish him the best in his well-earned retirement.”
Sullivan joined PPG’s fiber glass business in 1973 as a management trainee and worked as a sales representative in Atlanta and Cleveland before returning to Pittsburgh in 1981 as reinforcements marketing manager. He was named Cincinnati zone sales manager the following year, and director of fiber glass sales in 1985.
In 1990, Sullivan was appointed general manager, fiber glass reinforcements, and in 1997 he was elected vice president, fiber glass. He became vice president, chemicals, in 2002 and senior vice president, chemicals, in 2005.
A native of Baltimore, Sullivan graduated from Franklin and Marshall College, Lancaster, Pa., and received a master’s degree in business administration from Case Western Reserve University in Cleveland.
About PPG
Pittsburgh-based PPG is a global supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiber glass. The company has more than 150 manufacturing facilities and equity affiliates and operates in more than 60 countries. PPG’s sales in 2007 were $11.2 billion. SigmaKalon, a worldwide coatings producer based in Uithoorn, Netherlands, that PPG acquired Jan. 2, 2008, had 2007 sales of $2.9 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.

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