PPG promotes McGarry to COO
Michael H. McGarry, currently executive VP of Pittsburgh, Pennsylvania-based PPG Industries, has been appointed to the post of chief operating officer.
McGarry will have executive oversight responsibility for all of PPG’s strategic business units and operating regions and for the information technology (IT), environment, health and safety (EH&S), and purchasing functions. He will remain based at PPG’s global headquarters in Pittsburgh and will continue to report to Chairman and CEO Charles E. Bunch.
“Michael’s experience and leadership have been instrumental in driving PPG’s transformation into the world’s leading coatings and specialty materials company,” Bunch said. “In this new role, Michael’s proven operational expertise and demonstrated ability to implement our business strategies will play a key role in our continued focus to deliver increased shareholder value.”
During his 33 years with PPG, McGarry has served in a variety of key business and functional leadership roles in the United States, Europe and Asia. In addition, he helped lead several strategic actions that have transformed PPG’s business portfolio, most notably the acquisition of SigmaKalon; the separation of PPG’s former commodity chemicals business; the acquisition of AkzoNobel’s North American architectural coatings business; and, most recently, the announced agreement to acquire Consorcio Comex, S.A. de C.V.
The promotion is effective Aug. 1.
McGarry joined PPG in 1981 as an engineer at the company’s Lake Charles, La., chemicals complex
HCN Stock Watch: Stocks turn down on starts surprise
A bad day for housing starts became a bad day for the stock market. All but two of HCN’s Top 30 — which included SHW on the heels of its earnings report — were in the red on Thursday.
Golden Hammer Profile: Leviton
Taking home the 2014 Golden Hammer Award for Electrical Supplies was Leviton, Melville, New York-based supplier of electrical wiring systems, network solutions and lighting products.
What set this electrical company apart from the others was its ability to recognize needs as they arise in the marketplace and respond to them at a rapid and innovative clip.
"Leviton strives to deliver innovative and smart solutions that meet the demands of the marketplace, create smart environments and improve people’s lives – from adding product functionality to improving reliability to simplifying ease of use and installation," said VP sales and marketing Carol Lynch.
A few examples of this: Leviton’s Universal Dimmers, which help take the guesswork out of matching dimmers and bulbs (whether they’re LED, CFL or incandescent). Additionally, there’s the USB Charging Device, which makes it possible to charge one’s electronic gadget of choice without taking up a wall outlet. The Slim Ground Fault Circuit Interrupter was invented as a space-saving solution, taking up 25% less space in the wallbox than other GFCIs.
At this rate, more is certainly to be expected of Leviton, which was originally founded as a tinsmithing business producing mantle tips for gas lighting in 1906 by Russian immigrant Isidor Leviton. In 2014, the company has its sights set on sustainability and energy efficiency, as well as more innovations in safety products (Lynch cites the SmartlockPro Self-Test GFCI, which automatically performs a test every 15 minutes to make sure protected power is available).
Of course, bringing Leviton to ultimate Golden Hammer status is its treatment of customers.
"Leviton’s commitment to our customers is evident in every solution we make available," said Lynch. "From the top-down, Leviton holds reliability, safety, service and an uncompromising focus on quality as sacred tenets for operating our business to ensure we meet the needs of our customers and remain ahead of industry trends."
The above is one of a series of profiles recognizing this year’s Golden Hammer Vendor winners, to appear on HomeChannelNews.com and in HCN Daily. Thirty-one Golden Hammer Vendor winners were honored this year at the 2014 National Hardware Show in Las Vegas.