MICHAEL RUGGERI
CCDO
Mr. Ruggeri, age 70, is a Principal with Heritage Corporate Advisors, a boutique business and financial advisory firm.
Prior to joining Heritage, he had a 42-year career with PPG Industries, Inc. (PPG) that included responsibilities for accounting, controllership, finance, business strategy, and business development functions. He was Chief Financial and Administrative Officer for Transitions Optical, Inc., a PPG majority-owned joint venture, with responsibility for finance, accounting, purchasing, IT, and legal functions. During this period, the business delivered double-digit sales and earnings growth.
Subsequently, as Business Controller for PPG’s Optical and Specialty Materials external reporting unit, he was a member of the leadership team which consistently delivered the highest return on sales of any business unit within the PPG portfolio.
He was a member of the PPG deal teams that negotiated M&A transactions totaling more than $5 billion, including the divestiture of the Transitions Optical business with a transaction value of $3.4 billion. He returned to PPG as a consultant where he participated in M&A transactions totaling more than $2 billion.