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    Breaking News

    PPG Appoints Melkko Interim CEO of Tikkurila

    Melkko joined Tikkurila in 2019 and has served as CFO and a member of the management team.

    PPG Appoints Melkko Interim CEO of Tikkurila
    Markus Melkko. (Source: PPG)
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    • PPG Reports Second Quarter 2021 Financial Results
    • PPG Completes its Acquisition of Tikkurila, a Leading Nordic Paint and Coatings Company
    06.14.21
    PPG announced that Markus Melkko has been named interim chief executive officer (CEO) of Tikkurila Oyj, effective immediately, in addition to his current responsibilities as its chief financial officer (CFO).

    Following the closing of PPG’s acquisition of Tikkurila on June 10, 2021, Elisa Markula notified the Tikkurila board of directors of her decision to resign as president and CEO of Tikkurila to take a CEO role at another company in another industry sector. Markula’s resignation will be effective on a date to be announced and she will remain with Tikkurila until then to ensure a smooth transition.

    “I want to thank Elisa for her leadership and many contributions to Tikkurila,” said Tim Knavish, PPG executive vice president. “She has built a strong team and together they executed a strategy to profitably grow the Tikkurila business.

    “Markus is a proven leader and he has been instrumental in the transformation of the Tikkurila business, which positions us well to achieve continued growth and success.  He has played a key role on the leadership team in executing the business strategy and delivering increased value to Tikkurila stakeholders.”

    Melkko joined Tikkurila in 2019 and has served as CFO and a member of the management team.
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      Vainikka will have full accountability for the AC EMEA north and east region, which includes the Tikkurila legacy business.
      09.10.21

    • Top Companies Report

      Top Companies Report

      Coatings World is proud to bring the industry our annual Top Companies Report
      Kerry Pianoforte, Editor 07.28.21


    • Breaking News | Financial News
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      PPG recorded second quarter net sales of nearly $4.4 billion.
      07.20.21

    • Breaking News | Paint & Coatings Manufacturer News
      PPG Completes its Acquisition of Tikkurila, a Leading Nordic Paint and Coatings Company

      PPG Completes its Acquisition of Tikkurila, a Leading Nordic Paint and Coatings Company

      More than 80% of Tikkurila's revenue comes from Finland, Sweden, Russia, Poland, and the Baltic states.
      06.10.21

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