PPG Industries announced that Jamie A. Beggs will become senior vice president and chief financial officer, effective July 6, 2026. The appointment follows the retirement of Vincent J. Morales, who has served as CFO for 41 years and will also step down on July 6.
Beggs brings more than 25 years of financial leadership in specialty materials and diverse end markets. She has held CFO positions at Avient Corporation—where she served from August 2020 until her resignation in April 2026—and Hunt Consolidated. Her compensation package includes a $800,000 base salary, a $350,000 signing bonus, and equity awards valued at $3.2 million in restricted stock units, underscoring PPG’s commitment to aligning executive incentives with long‑term shareholder value.
"PPG is a company with an incredible legacy and an even more exciting future. I am honored to join such a talented team and look forward to partnering with Tim and the organization to build on the strong momentum underway and capture the significant opportunities ahead," Beggs said. "We are excited to welcome Jamie to PPG as we drive and accelerate our growth strategy. She brings proven financial leadership from her prior CFO experiences, deep industry expertise and extensive business leadership. On behalf of the PPG Board of Directors and our senior leadership team, we look forward to drawing on her expertise as we maintain our focus on delivering increased value creation," added Chairman and CEO Timothy M. Knavish.
The transition is part of a well‑managed succession plan that has been in place since Morales announced his retirement in December 2025. Beggs will report directly to Knavish and will oversee corporate development and information technology, reinforcing PPG’s focus on strategic financial stewardship and operational efficiency. The appointment coincides with the release of PPG’s Q1 2026 earnings, which reported an adjusted EPS of $1.83—up from $1.51 in Q4 2025—highlighting the company’s continued financial strength as it navigates a complex market environment.
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