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PPG: CEO gets improved bonus

PPG Industries Inc. said 7 March 2003 that Chairman and Chief Executive Officer R.W. LeBoeuf had been given a USD 1.2 million bonus in 2002, compared with a USD 800,000 bonus in 2001, according to a …

PPG Industries Inc. said 7 March 2003 that Chairman and Chief Executive Officer R.W. LeBoeuf had been given a USD 1.2 million bonus in 2002, compared with a USD 800,000 bonus in 2001, according to a preliminary proxy filed with the US Securities and Exchange Commission. LeBoeuf“s salary in 2002 was USD 880,000, the same as in 2001. LeBoeuf also received 280,406 options in 2002, compared with 160,000 options in 2001, the filing said. PPG Industries manufactures chemicals, coatings, resins, glass and fiberglass products.

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