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PPG Industries shareholder proposals 2026
What shareholders asked PPG Industries to do, and how the funds holding Americans’ retirement savings voted on it: the funds in the 401(k) plans we index and the most widely held funds beyond them, with the filing behind every vote.
16 April 2026 · put on the ballot by shareholder
Should the person who runs PPG Industries also chair the board that supervises them?
Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.
“Shareholder proposal to adopt a policy requiring an independent board chair, if properly presented”
3 of 20 funds we track voted for it.
| Fund | Vote | Shares voted |
|---|---|---|
| Vanguard Morningstar Total Stock Market Index Fund | AGAINST | 7,076,962 |
| Vanguard 500 Index Fund | AGAINST | 5,726,944 |
| Vanguard Morningstar Mid-Cap Index Fund | AGAINST | 4,831,902 |
| Vanguard Windsor II Fund | AGAINST | 3,116,100 |
| Fidelity 500 Index Fund | AGAINST | 2,852,269 |
| Putnam Large Cap Value Fund | AGAINST | 2,197,969 |
| Vanguard Morningstar Value Index Fund | AGAINST | 2,069,896 |
| Invesco S&P 500 Equal Weight ETF | FOR | 1,682,252 |
| ProShares S&P 500 Dividend Aristocrats ETF | FOR | 1,479,423 |
| Vanguard Morningstar Mid-Cap Value Index Fund | AGAINST | 1,398,933 |
| Vanguard Institutional Index Fund | AGAINST | 1,272,016 |
| Vanguard Dividend Appreciation Index Fund | AGAINST | 1,206,078 |
| Vanguard Equity Income Fund | AGAINST | 1,188,643 |
| Franklin Mutual Shares Fund | FOR | 1,147,600 |
The same proposal was put to Amazon.com, Exxon Mobil, Wells Fargo, Verizon Communications, PepsiCo, Chevron.
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