Business & Finance
Business and Finance
Business and Finance
Fri, December 10, 2010
Thu, December 9, 2010 Stephen F. Angel of Praxair Joins PPG Industries Board
PITTSBURGH--([ BUSINESS WIRE ])--PPG Industries (NYSE: PPG) announced today that its directors have elected Stephen F. Angel as a member of the companya™s board, effective today. He also has been appointed to the boarda™s Nominating and Governance Committee and the Technology and Environment Committee. Angel, 55, is chairman, president and CEO, Praxair, Inc., Danbury, Conn., a leading producer and distributor of atmospheric, process and specialty gases and high-performance surface coatings.
"Stevea™s strong global business experience will be valuable in helping guide PPGa™s efforts to optimize profitable growth, especially in emerging regions"
aStevea™s strong global business experience will be valuable in helping guide PPGa™s efforts to optimize profitable growth, especially in emerging regions,a said Charles E. Bunch, PPG chairman and CEO.
Angel became president and CEO of Praxair, Inc., in January 2007, and chairman of Praxair in May 2007. Before becoming CEO, he served as president and chief operating officer from March to December 2006 and as executive vice president from 2001 to 2006. Prior to joining Praxair, Angel held various executive positions at General Electric Company, including general manager for GEa™s industrial systems power equipment business and general manager, marketing and sales, for GEa™s transportation systems business. Angel is a director on the boards of the U.S.-China Business Council and the American Chemistry Council. He also is a member of the Business Roundtable and the U.S.-Brazil CEO Forum. Angel received a bachelora™s degree in civil engineering from North Carolina State University and a mastera™s degree in business administration from Loyola College in Baltimore.
About PPG
PPG Industriesa™ vision is to continue to be the worlda™s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG operates in more than 60 countries around the globe. Sales in 2009 were $12.2 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit [ www.ppg.com ].
