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Meeting calendar
PPG · Annual meeting · Thursday, April 16, 2026

Ppg Industries Inc

12 nominees · 5 ballot items.

Election of 12 directors; advisory vote to approve named executive officer compensation (say-on-pay); ratification of PricewaterhouseCoopers LLP as independent auditors; approval of the PPG Industries, Inc. 2026 Omnibus Incentive Plan; shareholder proposal to adopt a policy requiring an independent board chair; and any other business.

Market cap
$26.2B
1Y TSR
+6.2%
Board grade
C+
Record date
Feb 20, 2026
Filing
DEF 14A
Meeting concluded · Apr 16, 2026

Follow how the vote landed and what changed on Ppg Industries Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot5

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Elect twelve named nominees to the Board to serve until the 2027 Annual Meeting.

  2. 2

    Advisory Vote on Approval of the Compensation of the Named Executive Officers (Say-on-Pay

    ManagementBoard: FOR

    Non-binding, advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement.

    More detail

    The advisory say-on-pay proposal asks shareholders to approve, on a non-binding basis, the compensation paid to PPG’s named executive officers as disclosed in the proxy statement. Management seeks shareholder endorsement to validate its pay-for-performance philosophy that ties large portions of pay to short- and long-term performance metrics (adjusted EPS, cash flow, organic sales growth, TSR, cash flow return on capital). The Board and the Human Capital Management and Compensation Committee argue the program balances cash and equity, uses a mix of performance-based RSUs, TSR-contingent shares and options, maintains stock ownership requirements and includes safeguards (clawback policy, anti-hedging, overboarding limits). The committee notes strong prior shareholder support (≈93% in 2025) and that compensation is heavily weighted to performance; the company says executive pay is set at market median and links to measured performance outcomes. The key context: PPG missed some EPS and organic sales targets in 2025 while exceeding cash flow, resulting in variable payouts and zero TSR payouts for some cycles; management highlights improvements in cash generation, share repurchases and dividends. Shareholders should weigh alignment of pay with performance, effectiveness of metrics and governance safeguards when casting votes.

  3. 3

    Ratification of Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify PricewaterhouseCoopers LLP as PPG’s independent registered public accounting firm for 2026.

  4. 4

    Approval of the PPG Industries, Inc. 2026 Omnibus Incentive Plan

    ManagementBoard: FOR

    Approve the 2026 Omnibus Incentive Plan and authorize 1.5 million additional shares (total 6,903,753) for equity awards to employees, consultants and directors.

    More detail

    Management asks shareholders to approve the 2026 Omnibus Incentive Plan to replenish equity award capacity and preserve equity-based compensation programs used for retention and incentive purposes. The plan would authorize 6,903,753 shares (inclusive of adjustments), include typical award types (options, RSUs, PBRSUs, TSR shares, performance awards), retain governance features such as prohibition on repricing options and no dividends on unearned RSUs, and set director award limits. The board argues approval avoids disruption to grant programs when the 2016 Plan expires, supports competitive grant practices (with an average 3-year run-rate ~0.29%), and includes customary adjustments for corporate events and change-in-control treatment. Analysts and institutional investors typically assess dilution, run rate, performance metrics, and governance safeguards when evaluating such plan approvals.

  5. 5

    Shareholder Proposal to Adopt a Policy Requiring an Independent Board Chair

    Shareholder — John CheveddenBoard: AGAINST

    Shareholder proposal requesting the Board adopt a policy so that the roles of Chair and CEO are held by different individuals and the Chair is an independent director; Lead Director not a substitute.

Director elections

Nominees on the ballot12

Independent
Tenure on this board
2.3 yrs
Also a director at
Fmc Corp (FMC)
Independent
Tenure on this board
10.5 yrs
Also a director at
Hilton Worldwide Holdings Inc (HLT)Kenvue Inc (KVUE)
Independent
Tenure on this board
9.1 yrs
Also a director at
Fifth Third Bancorp (FITB)
Not independent
Tenure on this board
3.7 yrs
Also a director at
Rockwell Automation Inc (ROK)
Independent
Tenure on this board
11.5 yrs
Also a director at
Nucor Corp (NUE)Honeywell International Inc (HON)Columbus Mckinnon Corp (CMCO)
Independent
Tenure on this board
6.3 yrs
Also a director at
Lear Corp (LEA)Carpenter Technology Corp (CRS)
Independent
Tenure on this board
5.4 yrs
Also a director at
Generate Biomedicines Inc (GENB)
Independent
Tenure on this board
5.4 yrs
Also a director at
Ashland Inc (ASH)
Independent
Tenure on this board
0.5 yrs
Also a director at
Cintas Corp (CTAS)
Independent
Tenure on this board
7.3 yrs
Also a director at
Boston Scientific Corp (BSX)
Independent
Tenure on this board
1.0 yrs
Also a director at
Nucor Corp (NUE)
Ownership

Top institutional holders10

Latest 13F quarter
1VANGUARD CAPITAL MANAGEMENT LLC6.5%14,539,229$1.6B
2VANGUARD PORTFOLIO MANAGEMENT LLC5.8%12,826,055$1.4B
3STATE STREET CORP5.7%12,747,007$1.4B
4WELLINGTON MANAGEMENT GROUP LLP4.4%9,760,718$1.0B
5BlackRock, Inc.3.6%7,992,836$854M
6PZENA INVESTMENT MANAGEMENT LLC3.3%7,350,116$786M
7First Eagle Investment Management, LLC2.8%6,307,579$674M
8HOTCHKIS WILEY CAPITAL MANAGEMENT LLC2.8%6,159,946$658M
9GEODE CAPITAL MANAGEMENT, LLC2.4%5,322,124$566M
10BlackRock, Inc.2.2%5,013,830$536M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Ppg Industries Inc 2026 annual meeting?
Ppg Industries Inc (PPG) holds its 2026 annual shareholder meeting on Thursday, April 16, 2026.
What is the record date for the Ppg Industries Inc 2026 meeting?
The record date for the Ppg Industries Inc 2026 meeting is Friday, February 20, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Ppg Industries Inc's 2026 meeting?
The board is presenting 12 director nominees at the Ppg Industries Inc 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Ppg Industries Inc 2026 meeting?
Shareholders will vote on 5 proposals at the Ppg Industries Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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