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  "documentTitle": "Trian Partners | Activist Presentation Deck | 42 slides",
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  "authorName": "Trian Partners",
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  "presentationDate": "2018-10-01 00:00:00",
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  "notes": "The chart shows a shift from a diversified portfolio to a pure-play coatings business.",
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      "kind": "chart",
      "text": "Net Sales Mix: 2005 vs. Today",
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      "kind": "list",
      "text": "In addition to significant divestitures, PPG accelerated its growth in coatings through acquisitions, averaging 7% growth per year in coatings sales over the last decade",
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      "text": "Bunch transformed PPG into a pure-play coatings company. CY 2017: Sold North American fiber glass. CY 2016: Sold flat glass and automotive glass. CY 2014: Sold Transitions Optical. CY 2012: Divested Commodity Chemicals.",
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      "text": "Source: Investor presentations.",
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      "text": "Bunch Transformed PPG's Portfolio",
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