Former PPG Chairman Williams was Leader in 'Truest Sense of Word'.PITTSBURGH -- L. Stanton Williams, former PPG Industries PPG Industries (NYSE: PPG) was founded in 1883 as the Pittsburgh Plate Glass Company. PPG is an American manufacturer of glass and chemical products, including automotive safety glass. (NYSE NYSE See: New York Stock Exchange :PPG PPG Points Per Game (basketball player statistic) PPG Power Play Goals (hockey) PPG Planning Policy Guidance (UK) PPG Programmable Pulse Generator PPG Power Puff Girls ) chairman and chief executive officer, died Sunday from complications following a heart attack. He was 86. Williams retired from PPG in 1984 after six years as chairman and chief executive officer, and from PPG's board in 1990, capping a 44-year career with the company. "Stan was a leader in the truest sense of the word," said Charles E. Bunch, PPG's chairman and chief executive officer. "He led our company through an impressive era of growth. In addition, Stan was a leader in the community, tirelessly working to improve the quality of life for everyone. On a personal level, Stan's spirit and warm personality will be sorely missed. He represented the best in all of us at PPG." During Williams' tenure as chairman, the company's annual sales increased 50 percent and its earnings more than doubled. Also during that period, PPG Place PPG Place is one of the major distinctive and recognizable features of the Downtown Pittsburgh, Pennsylvania skyline. Although it is most well known for its tower, it is actually a complex of six buildings, all of matching glass design. , the distinctive six-building office complex in Pittsburgh, was conceived and constructed. PPG continues to maintain its world headquarters at PPG Place, having sold the complex in 1999 to Market Associates, an affiliate of the Hillman Hillman was a famous British automobile marque, manufactured by the Rootes Group. It was based in Ryton-on-Dunsmore, near Coventry, England, from 1907 to 1976. Before 1907 the company had built bicycles. Co. After three years as a U.S. Navy officer during World War II, Williams joined PPG in 1946 as an accountant and progressed to controller in 1956. Elected vice president of finance in 1963, he was executive vice president and then vice chairman prior to becoming chairman and chief executive officer on Jan. 1, 1979. Williams was a director of Texaco Inc., Prudential Insurance Co. of America, Mellon Bank Corp., Rubbermaid Inc. and Dravo Corp., and former chairman and director of Federal Home Loan Bank of Pittsburgh. He was also chairman of the Young Men's Christian Association Young Men's Christian Association (YMCA), organization having as its objective the development of values and behaviors that are consistent with Christian principles. national board and a trustee of the national YMCA YMCA in full Young Men's Christian Association Nonsectarian, nonpolitical Christian lay movement that aims to develop high standards of Christian character among its members. Retirement Fund. Born in Honolulu in 1919, Williams graduated from Phillips Andover Academy and Amherst College, and received a Master of Business Administration degree from Harvard University's Graduate School of Business. He also received honorary degrees from Amherst and Thiel colleges. He is survived by his wife of 62 years, Dorothy Reed Williams, four children, five grandchildren, one great-grandchild and one brother. Friends will be received from 4 to 7 p.m. Friday at the Freyvogel Funeral Home in the Oakland section of Pittsburgh. Funeral service will be conducted Saturday at 2 p.m. at Shadyside Presbyterian Church. In lieu of flowers, memorial contributions may be made to The Pittsburgh Foundation, One PPG Place, 30th floor, Pittsburgh, Pa., 15222 or the ICFC ICFC In the Community for the Community Endowment Fund, c/o Brian Huber, 4060 E. Brookhaven Drive, Atlanta, Ga., 30319. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion