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  "docSlug": "90d63e982928",
  "documentTitle": "PPG Industries, Inc. (PPG)",
  "authorId": "06_Trian_Partners",
  "authorName": "Trian Partners",
  "documentKindSlug": "activist-deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-10-11 00:00:00",
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  "pageNumber": 9,
  "pageCount": 42,
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  "slideType": "peer_benchmark",
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  "density": "balanced",
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  "notes": "The slide highlights a performance gap between PPG and its competitors, specifically referencing volume growth targets relative to GDP.",
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      "kind": "callout",
      "text": "The Company has also missed its volume growth target for the last 3 years, which is intended to track closely to GDP",
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      "kind": "chart",
      "text": "Organic Sales Growth CAGR: 2015a-2017a",
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      "kind": "list",
      "text": "The Company has also missed its volume growth target for the last 3 years, which is intended to track closely to GDP (1)",
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      "text": "Organic Sales Growth CAGR: 1.1%",
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      "kind": "source-note",
      "text": "Source: Company filings, Bloomberg. (1)-(5) footnotes.",
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      "kind": "title",
      "text": "PPG's Organic Revenue Growth Has Underperformed Peers and Missed Interim Targets",
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      "evidence": "Comparing PPG performance against peer group and GDP benchmark",
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      "evidence": "The document highlights PPG's underperformance, missed targets, and accounting irregularities, and exposes contradictions in management's decisions and actions.",
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      "evidence": "The document highlights PPG's underperformance compared to peers and the S&P.",
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