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Updated · MarketWatch · Apr 28PPG Industries hires Jamie Beggs as chief financial officer
10 articles · Updated · MarketWatch · Apr 28
- Beggs, 49, will join PPG Industries from Avient on July 6 with a base salary of $800,000 and a $350,000 signing bonus.
- She succeeds Vincent Morales, who is retiring after more than forty years at the Pittsburgh-based paint maker.
- Beggs has served as Avient’s CFO since August 2020; Avient will replace her with Giuseppe Di Salvo following her June 1 departure.
Is PPG's new CFO being positioned as the next chief executive? Does this new CFO hire signal PPG's pivot to high-tech industrial coatings? Will the new CFO's M&A history spark a strategic shake-up at PPG? Why did a successful CFO abruptly leave Avient for a key industry player? How will the new CFO balance dividends with costly green-tech investments?