PPG's Bunch got $2.25 million in salary, bonus in 2005

PPG Industries Inc. paid Chief Executive Charles E. Bunch $2.25 million in salary and bonus last year.

Bunch got $750,000 in base salary in 2005, a 25 percent increase over his $600,000 base salary in 2004, and a bonus of $1.5 million, according to a proxy statement filed with the Securities and Exchange Commission by the Downtown-based glass, paint and chemicals company.Bunch was named president and CEO on March 31 and chairman effective July 1, succeeding Raymond W. LeBoeuf, who retired as chairman July 1. LeBoeuf received $557,693 as base salary in 2005, and a $775,000 bonus. PPG's annual meeting will be April 20 in the East Club Lounge at Heinz Field. Shareholders are being asked to approve a plan to consolidate several of the company's existing compensatory plans.

600450 PPG's Bunch got $2.25 million in salary, bonus in 2005 glassonweb.com

See more news about:

Others also read

New STEM education facility at Carnegie Science Center targeted to open in 2018.
PPG has designed and produced windows for the Breakthrough Laminar Aircraft Demonstrator in Europe (BLADE), a Clean Sky Smart Fixed Wing Aircraft Integrated Technology Demonstrator (SFWA ITD).
PPG reaches agreement with Nippon Electric Glass for sale of remaining fiberglass operations.
PPG and Vision Systems have reached a commercial agreement to work together on developing new applications utilizing Vision Systems’ electronically dimmable window shading solutions for aircraft.
Annual conference for decorated glass and ceramics set for Pittsburgh, April 22-24.
$55 million investment to enable production of jumbo-sized energy-efficient glass

Add new comment