ProxyMiner / Company

PPG INDUSTRIES INCPPG

Latest proxy: 2026 · view on SEC ↗ · CIK 0000079879

CEO total pay

$14,885,022

T. M. Knavish · 2025

Say on pay

93%

Latest disclosed shareholder vote

CEO pay ratio

CD&A

352 to 1

Median employee: $14,885,022

Compensation committee

CD&A

Human Capital Management and Compensation Committee

Per the latest proxy

Filings indexed: 2 · 2026 · 2025

Executive pay

What did they pay them?

From the Summary Compensation Table. Pay mix and YoY are computed from these rows.

ExecutiveRoleTotalYoYPay mixSalaryStockCash incentiveOther
T. M. Knavish2025 compensation
Chairman and Chief Executive Officer
$14,885,022↑ 27%
89% at-risk
$1,300,000$7,333,542$1,924,000$342,861
V. J. Morales2025 compensation
Senior Vice President and Chief Financial Officer
$5,502,819↑ 19%
81% at-risk
$845,833$2,266,752$785,000$146,507
A. M. Foulkes2025 compensation
Senior Vice President Legal and Special Projects
$3,133,187↑ 14%
73% at-risk
$683,333$1,066,802$534,000$117,108
K. H. Bergström2025 compensation
Senior Vice President, Global Architectural Coatings
$2,466,158↑ 22%
63% at-risk
$728,614$800,044$346,000$191,499
K. D. Braun2025 compensation
Senior Vice President, Operations
$2,420,040
70% at-risk
$587,500$800,044$436,000$98,620

Pay mix: base cash incentive equity other

CD&A excerpt

Compensation discussion & analysis

Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.

Our Named Executive Officers in 2025 This Compensation Discussion and Analysis focuses on the compensation of our Named Executive Officers for 2025, whose names and current positions with the Company are set forth below. TIMOTHY M. KNAVISHChairman and ChiefExecutive OfficerVINCENT J. MORALESSenior Vice President and Chief FinancialOfficerANNE M. FOULKESSenior Vice President Legal and Special Projects; served as Senior Vice President and General Counsel during 2025K. HENRIK BERGSTRÖMSenior Vice President, Global ArchitecturalCoatingsKEVIN D. BRAUNSenior Vice President,Operations Executive Compensation Best Practices The Human Capital Management and Compensation Committee’s decision making reflects the following core governance principles and practices that we employ to promote our overall compensation objectives and to align executive compensation with the interests of our shareholders: WHAT WE DOWHAT WE DON’T DO•Hold an annual say-on-pay advisory vote for shareholders•Pay for performance – a substantial portion of compensation is performance-based•Use an appropriate peer group when establishing compensation•Balance short-term and long-term incentives•Align executive compensation wi…

Read the full CD&A on SEC.gov ↗

Peer comparison

Who they benchmark against

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Governance

Policy guardrails

  • hedging

    prohibited

    “Prohibition on Derivatives Trading, Hedging and Pledging PPG Securities”

  • pledging

    prohibited

    “Prohibition on Derivatives Trading, Hedging and Pledging PPG Securities”

  • clawback

    present

    “recoupment policy in the event of a financial restatement affecting their incentive compensation payout”

  • stock ownership guidelines

    present

    “ownership requirements”

  • change in control

    Change in Control

    “Change in Control”

  • compensation consultant

    independent

    “Retain a fully independent, external compensation consultant whose independence is reviewed annually by the Human Capital Management and Compensation Committee”

  • compensation committee

    Human Capital Management and Compensation Committee

    “Human Capital Management and Compensation Committee”

Performance markers

Metric facts

  • revenue

    $15.9 billion

    “price growth all four quarters resulting in an increase of 2% in organic sales, exceeding market growth and led by sales of our technology advantaged products. We delivered record results in several of our businesses, in…”

  • performance rsu vesting

    11%

    “vested in December 2025 and are reflected in the Option Exercises and Stock Vested table as zero. Performance-based RSUs. Performance-based RSUs, or PBRSUs, represent a contingent share grant that is made at the beginnin…”

  • performance equity mix

    5.0%

    “No dividend equivalents are awarded on performance-based RSUs.”

  • time equity mix

    0%

    “Bergström the vesting of 1,635 time-based RSUs in 2025.”

  • say on pay

    93%

    “Our executive officers receive two forms of annual compensation—base salary and annual incentive awards—which together constitute an executive’s total annual compensationSay-on-PayWhy You Should Approve Our Say on Pay”

  • ceo pay ratio

    352 to 1

    “on the employee's occupation and where the employee works globally. Mr. Knavish served as our Chairman and Chief Executive Officer in 2025. Mr. Knavish’s 2025 total compensation was $14,885,022, as reported in the Summar…”

  • median employee compensation

    $14,885,022

    “can be comprised of different compensation elements and is dependent on where the employee works globally. Our median employee’s total 2025 compensation was $47,032. The median employee’s base salary was comparable to th…”

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