Charlie Shaver resigns from board.
Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that Charlie Shaver has resigned as Chairman of its Board of Directors, effective June 30, 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.
Shaver served six years as CEO of Axalta. Last year, he stepped down from the CEO role, but remained as Chairman. Shaver was named the CEO of the Nouryon, the former specialty chemicals business of AkzoNobel that was