Axalta appoints Terrence Hahn

Axalta Coating Systems announced that its board of directors has appointed Terrence Hahn as chief executive officer.

Effective September 4, 2018, Terrence will succeed Charlie Shaver, who served as Axalta’s chairman and chief executive officer since 2013. Terrence will also serve on Axalta’s board of directors, expanding the board’s size from eight to nine directors.

Terrence was most recently president and chief executive officer of Honeywell International’s home and building technologies group. Charlie, who has chosen to step down as chief executive officer to pursue a unique professional opportunity, will remain on Axalta’s board and serve as non-executive chairman.

Terrence commented, ‘I am honoured to join Axalta at this dynamic time for the company and the coatings industry.  Axalta has leading positions, a terrific executive team, strong global presence, and top brands. I am excited about the tremendous opportunity at Axalta to drive organic growth through innovative and value-add offerings that will deepen existing customer relationships and attract new customers, as well as add inorganic growth through strategic acquisitions.’