PPG appoints current VP as its new chief financial officer

PPG appoints current VP as its new chief financial officer

5:49 AM, 20th January 2017
Vincent Morales
Vincent Morales appointed as new chief financial officer of PPG Industries.

PITTSBURGH, US: PPG Industries Inc has appointed current vice president, finance, Vincent Morales as its new senior vice president (VP) and chief financial officer (CFO), effective 1 March.

Morales is replacing Frank Sklarsky as CFO, who has announced his retirement also effective 1 March. Morales will report to chairman and CEO Michael McGarry. Morales will also join PPG’s executive and operating committees.

Morales (51), joined PPG in 1985 and advanced through various finance roles of increasing responsibility in the company’s corporate controller’s function, shared financial service centre, plants and business units. He also served as VP, investor relations, and treasurer before assuming his current role as VP, finance.

“Throughout Vince’s more than 30 years at PPG, he has been a change agent and played a key role in our transformation to become a leading provider of paints, coatings and speciality materials. His appointment to this role recognises his leadership, demonstrated experience in finance, and deep understanding of PPG’s global businesses and strategies. In this new role, he will further assist PPG as we continue to grow and expand around the globe and work to create additional shareholder value,” said McGarry.

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