| Business Summary | | PPG
Industries,
Inc.
is
comprised
of
three
basic
business
segments,
coatings,
glass
and
chemicals.
The
coatings
business
involves
the
supply
of
protective
and
decorative
finishes
for
automotive
original
equipment,
appliances,
industrial
equipment
and
packaging;
factory-finished
aluminum
extrusions
and
coils
for
architectural
uses;
aircraft;
and
other
industrial
and
consumer
products.
PPG's
major
flat
glass,
fabricated
glass
and
continuous-strand
fiver
glass
markets
are
automotive
original
equipment,
automotive
replacement,
residential
and
commercial
construction,
the
furniture
and
electronics
industries,
insurance
services
and
other
markets.
The
chemical
segment
is
engaged
primarily
in
the
production
and
marketing
of
chlor-alkali
chemicals. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PPG
Industries,
Inc.
makes
protective
and
decorative
coatings,
flat
and
fabricated
glass,
continuous-strand
fiber
glass
products,
and
chlor-alkali
and
specialty
chemicals.
For
the
six
months
ended
6/30/01,
sales
decreased
4%
to
$4.26
billion.
Net
income
decreased
39%
to
$211
million.
Revenues
reflect
volume
declines
in
all
segments
and
the
negative
effects
of
currency
translation.
Earnings
reflect
costs
related
to
workforce
reduction
and
asset
write-downs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Raymond LeBoeuf, 54 Chairman,
CEO | $1.8M | -- | Frank Archinaco, 57 Exec.
VP | 915K | $202K | Charles Bunch, 51 Exec.
VP | 788K | 87K | William Hernandez, 52 Sr.
VP, Fin. | 625K | 136K | James Diggs, 52 Sr.
VP and Gen. Counsel | 586K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|