IP's Faraci Elected to Board of PPG Industries
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PPG Industries, Pittsburgh, Pa., USA, elected John V. Faraci, chairman and CEO of International Paper Co, Memphis, Tenn., as a member of its board, effective this past October 18. He also has been appointed a member of the board's audit committee and nominating and governance committee.
"John brings a breadth of global business knowledge and leadership that will provide PPG with valuable perspective and guidance as we continue to grow our operations around the world," said Charles E. Bunch, PPG chairman and CEO.
In 2003, Faraci was elected president and a director of International Paper, and he previously served as EVP and CFO from 2000 to 2003. From 1999 to 2000, Faraci was the company's SVP–finance and CFO. From 1995 to 1999, he was CEO and managing director of Carter Holt Harvey Ltd., a former majority-owned subsidiary of IP, located in New Zealand.
Faraci is a member of the board of directors of United Technologies Corp. and the National Fish and Wildlife Foundation. He also serves on the board of the Moscow School of Management and is U.S. section chair for the U.S. – Brazil CEO Forum. He is a trustee of Denison University and the American Enterprise Institute.
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