Leveraging its experience in the industrial and automotive sectors, Carl Anderson will help Axalta to expand its operations into new end markets.
The international coatings manufacturer Axalta Coating Systems Ltd. has recently announced that Carl Anderson will succeed Sean Lannon – who will be leaving the company to pursue other opportunities – as new senior vice-president and Chief Financial Officer (CFO), effective 14th August 2023.
“On behalf of our Board and our entire management team, I want to thank Sean for his many contributions to Axalta throughout his 10 years with the Company. His efforts in advancing our strategic objectives have positioned us for continued strong performance in the years to come. We wish him the best in his future endeavours,” has stated Chris Villavarayan, the Chief Executive Officer and president of Axalta.
Anderson is seasoned financial executive with decades of corporate strategy and financial leadership experience in the global industrial and automotive sectors. He will then bring extensive know-how in building finance and investor relations functions and a demonstrated track record in spearheading growth and shareholder value creation initiatives, increasing supply chain efficiency and driving successful expansion into new end markets.
“Carl brings more than 25 years of experience in the transportation industry with deep expertise in the commercial vehicle market, and I am thrilled he has decided to join Axalta at such an exciting time for the company and our shareholders. Carl’s leadership of finance organizations for one of the largest LTL carriers in North America as well as a global commercial vehicle supplier will provide a unique perspective for our business. I believe he will be a tremendous partner to build on our momentum to position Axalta for accelerated growth and market leadership, and value creation,” has continued Villavarayan.
The new vice-president joins Axalta from XPO, Inc. (one of the largest freight transportation providers in North America), where he has served as CFO since November 2022. Prior to that, Anderson had worked for more than sixteen years for the supplier of commercial vehicle manufacturers Meritor, Inc., holding several other financial leadership positions.
“It is a privilege to step into the CFO role and join a company with such a rich and celebrated history. Axalta has built something special over the last 150-plus years and I look forward to working with the rest of the executive team and Axalta’s exceptional Finance organization to build on Axalta’s outstanding performance and continue furthering the company’s profitable growth trajectory,” has concluded Anderson.