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PITTSBURGH - PPG (NYSE:PPG) announced Monday that Joe Gette, currently vice president, deputy general counsel and secretary, will be appointed senior vice president, general counsel and secretary, effective January 1, 2026. The company, which currently maintains a market capitalization of $24.1 billion and demonstrates strong financial health according to InvestingPro analysis, continues to strengthen its executive team.
Gette, 53, will succeed Anne M. Foulkes, 62, who has announced her intent to retire. Foulkes will transition to serve as senior vice president, legal and special projects, starting January 1, 2026, to ensure a smooth transition and oversee certain projects for the company.
In his new role, Gette will join PPG’s operating and executive committees, reporting directly to PPG chairman and CEO Tim Knavish.
Gette has been with PPG since 2005, when he joined as an assistant counsel. Throughout his tenure, he has held positions of increasing responsibility, including assistant general counsel for mergers and acquisitions and securities in 2018, before being named to his current position in 2022.
In his present role, Gette handles corporate secretary responsibilities while providing oversight for the company’s corporate development activities. He also oversees securities and commercial legal activities for PPG’s U.S. and Latin America regions.
Prior to joining PPG, Gette worked for the law firm K&L Gates in Pittsburgh. He holds a bachelor’s degree from Allegheny College and a law degree from Vanderbilt University.
PPG, headquartered in Pittsburgh, operates in more than 70 countries and reported net sales of $15.8 billion in 2024, according to the company’s press release statement.
In other recent news, PPG Industries reported its second-quarter 2025 earnings, revealing a minor miss on earnings per share (EPS) but exceeding revenue expectations. The company posted an EPS of $2.22, slightly below the forecasted $2.23, while revenue reached $4.2 billion, surpassing the expected $4.16 billion. Despite the revenue beat, investor concerns arose due to the EPS miss and regional demand challenges. Bernstein SocGen Group recently raised its price target for PPG Industries to $140, maintaining an Outperform rating, following a 5% decline in the company’s shares. The firm noted that the stock’s recent weakness is not attributed to fundamental issues. In contrast, BMO Capital lowered its price target to $130 but also maintained an Outperform rating, highlighting PPG Industries’ ability to drive core top-line and volume growth despite a challenging environment. These developments indicate a mixed outlook from analysts regarding PPG Industries’ future performance.
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