PPG INDUSTRIES, INC. (NYSE:PPG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

As previously announced, Viktoras R. Sekmakas resigned as Executive Vice President of PPG Industries, Inc. (the “Company”), effective September 30, 2017, and elected to retire from the Company.

In connection with his departure, the Company and Mr.Sekmakas have entered into a Separation Agreement. Under the Separation Agreement, Mr. Sekmakas’s employment with the Company will end on February 28, 2018, and he will retire from the Company on March 1, 2018. to the Separation Agreement, Mr.Sekmakas will receive a lump-sum separation payment of $641,128 and a lump-sum payment of $448,875 in lieu of his annual bonus for 2017. Mr. Sekmakas’s previously awarded stock options, restricted stock units and total shareholder return contingent shares will vest in accordance with their terms.

About PPG INDUSTRIES, INC. (NYSE:PPG)
PPG Industries, Inc. (PPG) manufactures and distributes a range of coatings, specialty materials and glass products. PPG operates through three business segments: Performance Coatings, Industrial Coatings and Glass. The Performance Coatings segment consists of the refinish, aerospace, protective and marine, architectural-Americas and Asia Pacific, and architectural-EMEA coatings businesses. The Industrial Coatings segment consists of the automotive original equipment manufacturer (OEM), industrial coatings, packaging coatings, and specialty coatings and materials businesses. Industrial, automotive OEM, packaging coatings, and specialty coatings and materials products are formulated specifically for the customers’ needs and application methods. The Glass segment consists of the flat glass and fiberglass businesses. The Company’s brands include SIKKENS, PPG PITTSBURGH PAINTS, MULCO, FLOOD, LIQUID NAILS, SICO, CIL, RENNER, TAUBMANS, WHITE KNIGHT and BRISTOL.