Axalta Coating Systems Ltd, a leading global supplier of liquid and powder coatings, announced that Charlie Shaver has resigned as Chairman of its Board of Directors, effective June 30, 2019, to focus on other professional commitments. The Board of Directors has appointed current Independent Presiding Director Mark Garrett as its new Chairman. Mr. Garrett also serves as Chairman of Axalta’s Strategic Review Committee.
“Axalta’s tremendous progress in recent years has enabled the Company to review a range of strategic alternatives from a position of strength, which I strongly believe is the best course of action for Axalta and its shareholders, customers and employees. With the review underway, now is the right time to make this important transition at the Board level. I look forward to watching the next great chapter in Axalta’s journey under the exemplary leadership of Mark and Robert Bryant.”