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August 11, 2005
By: KERRY PIANOFORTE
Raymond W. LeBoeuf, chairman and CEO of PPG Industries, will retire July 1 after nearly 25 years with the company, eight of which were spent as chairman and CEO. LeBoeuf joined PPG as treasurer in 1980. He became PPG’s controller in 1984, vice president of purchasing in 1986, vice president of finance and CFO in 1988, and vice president of coatings in 1994. Elected executive vice president in 1994, he continued to lead the coatings business until early 1995. He was elected president and chief operating officer and a member of PPG’s board in 1995. LeBoeuf became CEO in July 1997, and chairman and CEO the following November. Charles E. Bunch will become chairman of the board and CEO on July 1 upon LeBoeuf’s retirement. He was elected president, chief operating officer and a PPG board member in July of 2002. After joining the company in 1979 as an assistant to the corporate controller, Bunch served in a variety of assignments in the U.S. and Europe before being named corporate director of purchasing and distribution in 1988. He became general manager of architectural coatings in 1992, vice president of that unit in 1994, and vice president of fiberglass in 1995. He was elected senior vice president of strategic planning and corporate services in 1997 and executive vice president, coatings, in early 2000.
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