PPG financial chief: Company focused on 'transformation'
March 16, 2012 2:59 am
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Robert Dellinger, PPG Industries' new chief financial officer, believes the company's recent restructuring actions -- including plant closings and cost reductions -- helped it weather the worst of the recession and position the coatings, glass and chemicals maker for recovery entering 2010.
His remarks came today during a presentation at the 2009 Citi Basic Materials Conference in New York. PPG continues to focus its "transformation," he said, on growing its coatings and specialty chemicals segments especially in Asian markets. The company expects to save $250 million this year and next as a result of restructuring actions that included slashing 2,500 jobs worldwide. Mr. Dellinger has held the CFO's post since October.
First Published December 1, 2009 12:57 pm
