Axalta Names Mary S. Zappone to Board of Directors
26 Octobre 2023 - 10:15PM
Axalta Coating Systems Ltd. (NYSE: AXTA), a leading global coatings
company, today announced that Mary S. Zappone, current Chief
Executive Officer of Sundyne LLC, a leader in the design and
manufacture of mission critical pumps and compressors, has been
appointed to Axalta’s Board of Directors as an independent
director, effective as of October 25, 2023. She will serve on the
Audit and Environment, Health, Safety and Sustainability
Committees. Axalta also announced that Steven M. Chapman has
decided that he will not stand for re-election at Axalta’s 2024
Annual General Meeting of Members.
“We are pleased to welcome Mary to our Board of Directors,” said
Rakesh Sachdev, Axalta’s Board Chair. “We’re looking forward to
leveraging her deep expertise across a wide range of industrial
sectors, including chemicals, energy infrastructure, manufacturing,
and distribution. We expect that her experience and leadership will
help us further position Axalta as a leader in our key end markets
and in product and service innovations that drive growth for our
business and our shareholders.”
Chris Villavarayan, Axalta’s Chief Executive Officer and
President added, “Mary is joining Axalta at an exciting time as we
continue our focus on market leadership, profitable growth and
value creation. She has an impressive track record of growing
businesses across sectors that are important to Axalta. We believe
that her experience as a CEO and as a chemical engineer will be a
strong complement to our Board. We are thrilled to have Mary’s
partnership as we look to execute on our global growth plans.”
Sachdev added, “On behalf of our entire Board, I want to thank
Steve for his leadership and commitment to Axalta during his
tenure. His experience, particularly his global and operational
insight, has helped guide Axalta’s continued evolution and growth
trajectory. We appreciate his many contributions.”
With the appointment of Zappone, Axalta’s Board of Directors
will be composed of 11 directors, seven of whom have been appointed
to the Board since the beginning of 2020. Axalta’s directors bring
unique backgrounds and experiences in areas important to the
company’s business, including executive leadership, finance, audit,
information technology and global operations, and in relevant
industries, including specialty chemicals, and Axalta’s end
markets.
About Mary S. Zappone
Zappone has served as CEO of Sundyne – a global leader in the
design and manufacture of mission critical pumps and compressors
for the chemicals, industrials, and energy markets, including
renewables and decarbonization – since July 2021. She has more than
20 years of leadership experience in growing industrial companies
across a variety of sectors including chemical, energy
infrastructure, manufacturing, and distribution and equipment
rental. Prior to joining Sundyne she was the CEO and a board member
of Brace Industrial Group, a nationwide provider of scaffolding,
insulation, painting, coating and fire-proofing services to
industrial clients. Before that, Zappone was the president and CEO
of Service Champ, a large independent distributor of automotive
parts and accessories. She has also served as President and CEO of
RecoverCare, as president of Alcoa’s Oil & Gas products
business, and has held several leadership positions at Tyco, GE,
McKinsey & Company and ExxonMobil. Zappone earned a bachelor’s
degree in chemical engineering from Johns Hopkins Whiting School of
Engineering and an M.B.A. in finance and marketing from Columbia
Business School.
About Axalta
Axalta is a global leader in the coatings industry, providing
customers with innovative, colorful, beautiful, and sustainable
coatings solutions. From light vehicles, commercial vehicles and
refinish applications to electric motors, building facades and
other industrial applications, our coatings are designed to prevent
corrosion, increase productivity, and enhance durability. With more
than 150 years of experience in the coatings industry, the global
team at Axalta continues to find ways to serve our more than
100,000 customers in over 130 countries better every day with the
finest coatings, application systems and technology. For more
information, visit axalta.com and follow
us
on Facebook, LinkedIn and @axalta on
X.
Investor ContactChristopher EvansD +1
484-724-4099Christopher.Evans@axalta.com |
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Media ContactRobert DonohoeD +1
267-756-3803Robert.Donohoe@axalta.com |
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