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PPG Industries shareholder proposals
What shareholders asked PPG Industries to do, and how the funds inside American retirement plans voted on it — with the filing behind every vote.
17 April 2025 · put on the ballot by shareholder · Executive pay
Should shareholders get a vote before PPG Industries pays a departing executive?
Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.
“Shareholder proposal requesting shareholder approval of certain executive officer severance arrangements”
0 of 3 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Vanguard Mid-Cap Index Fund | AGAINST | 5,004,215 |
| Vanguard Mid-Cap Value Index Fund | AGAINST | 1,559,032 |
| Fidelity Mid Cap Index Fund | AGAINST | 742,498 |
The same proposal was put to Pfizer, Johnson & Johnson, Citigroup, Capital One Financial, GE Aerospace, PACCAR.
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