PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced at its annual meeting of shareholders
that Cathy R. Smith, executive vice president and chief financial
officer, Target Corporation, and Steven A. Davis, former chairman and
chief executive officer, Bob Evans Farms, Inc., have been elected to
join its board of directors, effective immediately. Smith will serve on
the PPG board’s Audit Committee, and Technology and Environment
Committee. Davis will serve on the Nominating and Governance Committee,
and the Technology and Environment Committee.
Smith, who has announced plans for a May 2020 retirement from Target,
has served in her current role since she joined the company in 2015.
Prior to joining Target, Smith served as executive vice president and
CFO of Express Scripts Holding Company, a Fortune 20 company and the
nation’s largest pharmacy benefit manager. She has also served in
leadership roles such as CFO of the Walmart International segment of
Wal-Mart Stores, Inc. and of GameStop Corp. Smith also serves on the
board of Baxter International Inc. and on the board of overseers of the
Carlson School of Management at the University of Minnesota.
Davis served as chairman and chief executive officer of Bob Evans Farms
from 2006 to 2015. He also held a variety of leadership positions in the
restaurant and consumer packaged goods industries, including president
of Yum! Brands’ Long John Silver’s and A&W All-American Food Restaurants
and other senior executive and operational positions at Yum! Brands and
at Kraft General Foods. Davis currently serves on the boards of
directors of Marathon Petroleum Corporation, Albertsons Companies, Inc.
and Legacy Acquisition Corp. and he previously served on the boards of
CenturyLink, Inc., Walgreens Boots Alliance and the Sonic Corp. He also
serves on the International Board of Directors for the Juvenile Diabetes
“PPG’s board of directors continually seeks to maintain an appropriate
balance of directors with varying tenure, expertise and diversity. We
are pleased that Cathy and Steve will join the board, as their
significant and proven leadership experiences will help to further
strengthen the company,” said Michael H. McGarry, PPG chairman and chief
executive officer. “Cathy’s experience in financial reporting,
accounting and internal controls, and leading retail companies with a
national and international footprint similar to PPG’s, brings valuable
expertise to the board. Steve brings to the board significant experience
managing a network of branded retail locations with a focus on customer
service and experience.”
PPG: WE PROTECT AND BEAUTIFY THE WORLD™
At PPG (NYSE:PPG), we work every day to develop and deliver the paints,
coatings and materials that our customers have trusted for more than 135
years. Through dedication and creativity, we solve our customers’
biggest challenges, collaborating closely to find the right path
forward. With headquarters in Pittsburgh, we operate and innovate in
more than 70 countries and reported net sales of $15.4 billion in 2018.
We serve customers in construction, consumer products, industrial and
transportation markets and aftermarkets. To learn more, visit www.ppg.com.
We protect and beautify the world is a trademark and the PPG
Logo is a registered trademark of PPG Industries Ohio, Inc.