Bunch to Retire as PPG Executive Chairman,
CEO McGarry Elected to Succeed
PPG announced that Charles E. Bunch will retire Sept. 1 as execu- tive chairman of the PPG board of
directors after 37 years with the com-
pany. PPG president and chief executive
officer Michael H. McGarry will be-
come chairman and CEO/
Under Bunch’s leadership, PPG ac-
celerated its business transformation,
becoming the world’s leading paints and
coatings company through strategic ac-
tions that focused its business portfolio,
and that expanded and strengthened its
international presence. During his ten-
ure as chairman and CEO, PPG made
more than 30 acquisitions and delivered
extraordinary growth and record finan-
cial performance.
“On behalf of the PPG board of di-
rectors, we want to recognize Chuck’s
outstanding leadership and strategic vi-
sion in guiding PPG through one of the
most important and impactful time pe-
riods in its 133-year history,” said Hugh
Grant, PPG independent lead director
and chairman and CEO of Monsanto
Company. “Chuck’s leadership has
strengthened PPG’s position and set
the company on a solid path for future
growth and success. We thank him for
his many contributions and wish him
the very best.”
Bunch, 66, has served as executive
chairman of the PPG board of directors
since September 2015. He served as PPG
chairman and CEO from July 2005 to
August 2015. Since joining PPG in 1979,
Bunch held many leadership positions
throughout the company. In July 2002,
he was named president, chief operating
officer and board member, and in March
2005, he became president and CEO.
A native of Philadelphia, Bunch earned
a degree in international affairs from
Georgetown University and an MBA
from the Harvard University Graduate
School of Business Administration.
McGarry, 58, has served as PPG
president and CEO since September
2015. During his 35 years with PPG,
he has served in a variety of key busi-
ness and functional leadership roles
in the United States, Europe and Asia.
In recent years, he helped lead several
strategic actions that have transformed
PPG’s business portfolio. A native of
New Orleans, McGarry is a mechanical
engineering graduate of the University
of Texas and completed the Advanced
Management Program at Harvard
Business School. CW
Index to Companies
This index gives the starting page for a department or feature with a significant reference to a manufacturer of paint, coatings, adhesives and sealants
Subsidiaries are indexed under their own names.
AGC Chemicals............................................................................................... 26
AkzoNobel........................................................................................... 10, 26, 41
Axalta Coating Systems .................................................................................. 10
BASF............................................................................................................... 10
Benjamin Moore ....................................................................................... 10, 26
H.B. Fuller ...................................................................................................... 10
Hempel ..................................................................................................... 26, 41
LINE-X........................................................................................................... 10
PPG..................................................................................................8, 10, 26, 41
Sherwin-Williams...................................................................................... 10, 26
Sika........................................................................................................... 10, 66
Valspar............................................................................................................ 51
