The new member of Axalta’s Board of Directors will aid the company to further strengthen its position in the paints and coatings market.
The international paints and coatings manufacturer Axalta
has announced that Mary Zappone has been appointed to its Board of Directors
as an independent director. She will serve on the Audit and Environment, Health, Safety and Sustainability Committees.
“We are pleased to welcome Mary to our Board of Directors. We are 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,” has stated Rakesh Sachdev, Axalta’s Board Chair.
“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,” has added Chris Villavarayan, CEO and President of Axalta.
The Board of Directors of Axalta is now 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 as well as in relevant fields such as specialty chemicals.
“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,” has concluded Sachdev.