Timothy M. Knavish is the President and CEO of PPG Industries, a leading manufacturer of paints and coatings. Taking the helm in January 2023, he has built an impressive career at PPG, starting in 1987 and working his way up...

Timothy M. Knavish is the President and CEO of PPG Industries, a leading manufacturer of paints and coatings. Taking the helm in January 2023, he has built an impressive career at PPG, starting in 1987 and working his way up through key roles, including Chief Operating Officer and Executive Vice President. Knavish has a strong focus on enhancing sales capabilities and digital offerings, which is crucial for a company operating in today’s fast-paced market. He's led important acquisitions, like expanding PPG's European presence with Tikkurila Oyj. His compensation reflects the company's pay-for-performance philosophy, reaching over $3.5 million in 2023. Knavish is also committed to sustainability, aligning PPG's operations with modern environmental standards.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other PPG Industries CEOs

P

Timothy M. Knavish

CEO of PPG Industries

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Basic Materials

Born

January 1, 1978 - 47 years ago

CEO of PPG Industries for

2 years 3 months (Jan 2023 - Present)

Previous Experience

Formerly Executive Vice President of PPG Industries, Inc.

Rivals

Competitors/colleagues of Timothy M. Knavish

R

Michael H. Sullivan

CEO of RPM International

2023 Compensation

Stock

$1.27M

Salary

$1.07M

Bonus

$1.58M

Other

$250.54K

Total Holdings

$6.00M

A

Chris Villavarayan

CEO of Axalta Coating Systems

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$1.94M

Other

$356.06K

Total Holdings

$6.04M

C

Sean D. Keohane

CEO of Cabot Corporation

2023 Compensation

Stock

$0.00

Salary

$1.08M

Bonus

$1.05M

Other

$235.25K

Total Holdings

$31.67M

H

Patrick H. Hawkins

CEO of Hawkins

2021 Compensation

Stock

$0.00

Salary

$500.00K

Bonus

$100.00K

Other

$59.74K

Total Holdings

$35.06M

F

John F. Kasel

CEO of Foster (Lb) Co.

2023 Compensation

Stock

$0.00

Salary

$675.00K

Bonus

$987.19K

Other

$133.07K

Total Holdings

$3.82M

L

Sanjiv Lamba

CEO of Linde

2023 Compensation

Stock

$6.01M

Salary

$1.38M

Bonus

$3.48M

Other

$185.57K

Total Holdings

$43.81M

Holdings

See how much did Timothy M. Knavish make over time.

Timothy Knavish has actively managed his holdings in PPG Industries. Over recent months, his reported insider trades have shown a pattern of increasing confidence in PPG's stock, with his holdings fluctuating significantly. In December 2023, his holdings reached approximately $10.10...

Timothy Knavish has actively managed his holdings in PPG Industries. Over recent months, his reported insider trades have shown a pattern of increasing confidence in PPG's stock, with his holdings fluctuating significantly. In December 2023, his holdings reached approximately $10.10 million, marking a notable increase from earlier periods. Notably, in 2021, his holdings peaked around $8.11 million, coinciding with pivotal growth phases for the company. As of early March 2024, his stock value reflects solid growth, underpinning PPG's strategic initiatives and Knavish's leadership in transforming the company.

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Total Stock Sold

$7.48M

PPG

$7.48M

52,251 PPG shares

What if they kept their stock?

If Timothy M. Knavish didn't sell their stock, today they would have:
Extra PPG52,251 shares worth $4.76M.
This is -36.36% and $2.72M less than what they got when they sold the stock.

Charitable Transactions

PPG

100 shares

PPG

Recent Charitable Transactions

PPG

100 shares

PPG

Dec 31, 2017

Charity

Insider Trading

See recent insider trades of Timothy M. Knavish.

PPG

7,766 shares

PPG

Feb 19, 2025

Received

PPG

$568.08K

PPG at $118.35/share

Feb 14, 2025

Sale

PPG

$274.61K

PPG at $133.24/share

May 8, 2024

Purchase

PPG

4,568 shares

PPG

Feb 29, 2024

Received

PPG

7,183 shares

PPG

Feb 14, 2024

Received

PPG

4,132 shares

PPG

Feb 15, 2023

Received

PPG

6,240 shares

PPG

Feb 16, 2022

Received

PPG

$4.09M

PPG at $178.78/share

May 24, 2021

Sale

PPG

3,826 shares

PPG

Feb 17, 2021

Received

PPG

$1.85M

PPG at $120.69/share

Aug 31, 2020

Sale

Compensation History

See how much did Timothy M. Knavish make over time.

In 2023, Timothy M. Knavish's total compensation from PPG Industries was over $3.5 million, showcasing the company's commitment to pay-for-performance. His salary included a base of $1.2 million, but the bulk came from a significant bonus of $2.2 million tied to achieving high-performance targets. Knavish also saw value from vested stocks worth about $1.2 million, which reflects his long-term alignment with company performance. The structure of his compensation aligns with PPG's emphasis on hitting key performance metrics like earnings growth and sales volume, making it clear that the company rewards success in a competitive environment.

Year

2023

Total Compensation

$4.65M

Salary

$1.20M

Board Justification

PPG's compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the achievement of both short-term and long-term performance objectives.

Bonus

$2.21M

Board Justification

The annual incentive awards were based on the achievement of performance objectives, resulting in a payout of 184% of target for 2023.

Other

$0.00

Board Justification

No additional compensation reported outside of salary, bonus, stock, and options.

Restricted Stock

$1.24M(1.18K TSR shares)

Board Justification

The number of shares acquired upon the vesting of TSR awards granted in 2021, which were paid 50% in shares of PPG common stock and 50% in cash.

Performance Metrics

Performance metrics for 2023 included adjusted earnings per diluted share, adjusted cash flow from operating activities, price increase, and sales volume growth.

Other PPG Industries CEOs

Here are other CEOs of PPG Industries

Michael H. McGarry

Ex-CEO of PPG Industries

September 2015 - December 2022