PPG Industries (NYSE: PPG) discloses July 2026 retirement of CFO Vincent J. Morales

Rhea-AI Filing Summary

PPG Industries, Inc. announced that Senior Vice President and Chief Financial Officer Vincent J. Morales intends to retire from the company on July 1, 2026. His previously awarded stock options, restricted stock units and total shareholder return contingent shares will continue to vest according to their existing terms, meaning there are no special or accelerated equity arrangements tied to this decision. The company issued a press release on December 1, 2025 to communicate his planned retirement to the broader market.

Insights

Corporate governance analyst

PPG discloses an orderly, advance-planned CFO retirement with standard equity treatment.

The announcement that PPG Industries CFO Vincent J. Morales will retire effective July 1, 2026 signals a long lead time for leadership transition. This extended notice typically allows the board and management to plan succession and maintain continuity in financial oversight and strategy.

The company states that Mr. Morales’s previously granted stock options, restricted stock units and total shareholder return contingent shares will vest in accordance with their existing terms. That indicates there are no special exit bonuses or modified vesting tied to this retirement, which aligns with typical governance expectations around executive departures.

The related press release dated December 1, 2025 formalizes the communication to the market. Future disclosures in company reports may provide details on his successor or any interim arrangements, which will help clarify how PPG plans to manage the transition in its finance leadership.

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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): November 28, 2025

PPG INDUSTRIES, INC.

(Exact Name of Registrant as Specified in Charter)

Pennsylvania

001-1687

25-0730780

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

One PPG Place, Pittsburgh, Pennsylvania, 15272

(Address of Principal Executive Offices, and Zip Code)

(412) 434-3131

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

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:

    ☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $1.66 2/3

PPG

New York Stock Exchange

1.400% Notes due 2027

PPG 27

New York Stock Exchange

2.750% Notes due 2029

PPG 29A

New York Stock Exchange

3.250% Notes due 2032

PPG32

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

    Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 28, 2025, Vincent J. Morales, Senior Vice President and Chief Financial Officer of PPG Industries, Inc. (the “Company”), announced his intention to retire from the Company on July 1, 2026. His previously awarded stock options, restricted stock units and total shareholder return contingent shares will vest in accordance with their terms.

On December 1, 2025, the Company issued a press release announcing Mr. Morales’s retirement. The press release is attached hereto as Exhibit 99 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number						Description
99						Press release of PPG Industries, Inc. dated December 1, 2025
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

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.

						PPG INDUSTRIES, INC.
						(Registrant)
Date: December 1, 2025			By:			/s/ Timothy M. Knavish
						Timothy M. Knavish
						Chairman and Chief Executive Officer

FAQ

What executive change did PPG (PPG) announce in this report?

PPG Industries, Inc. announced that Senior Vice President and Chief Financial Officer Vincent J. Morales intends to retire from the company on July 1, 2026.

When will PPG CFO Vincent J. Morales retire?

PPG stated that its Chief Financial Officer, Vincent J. Morales, plans to retire from the company effective July 1, 2026.

How will Vincent J. Morales’s equity awards be treated upon retirement from PPG?

PPG disclosed that Mr. Morales’s stock options, restricted stock units and total shareholder return contingent shares will vest in accordance with their existing terms, with no special vesting changes announced.

Did PPG issue a press release about its CFO’s retirement?

Yes. PPG issued a press release dated December 1, 2025 announcing Vincent J. Morales’s planned retirement. This press release is identified as Exhibit 99 in the report.

Which executive signed the PPG report announcing the CFO retirement?

The report was signed on behalf of PPG Industries, Inc. by Timothy M. Knavish, who is the company’s Chairman and Chief Executive Officer.

What securities of PPG are listed on the New York Stock Exchange?

PPG lists its Common Stock, par value $1.66 2/3 under the symbol PPG, as well as its 1.400% Notes due 2027, 2.750% Notes due 2029, and 3.250% Notes due 2032 on the New York Stock Exchange.