close
close

Axalta appoints Chris Evans as Vice President, Global Strategy, and Colleen Lubic as Vice President, Investor Relations

Axalta appoints Chris Evans as Vice President, Global Strategy, and Colleen Lubic as Vice President, Investor Relations





Axalta Coating Systems announced the appointment of Chris Evans as Vice President of Global Strategy and Colleen Lubic as Vice President of Investor Relations, effective immediately. Evans, previously VP of Investor Relations at Axalta, brings extensive experience from Ecovyst, Chemours and Goldman Sachs. He will now lead Axalta’s global strategy and M&A efforts and report to Chief Transformation Officer Tim Bowes. Lubic, who joined Axalta in 2022 as VP of Financial Planning & Analysis, has a background in financial leadership roles at Campbell Soup Company. She will serve as the primary liaison between Axalta and its shareholders and report to CFO Carl Anderson.

Positive


  • New leadership appointments can advance strategic initiatives and build investor confidence.

  • Chris Evans’ experience in investor relations and industry analysis will likely benefit Axalta’s global strategy efforts.

  • Colleen Lubic’s extensive finance background can strengthen Axalta’s investor relations and communications.

Negative


  • Changes in management can lead to short-term uncertainty among investors regarding strategic continuity.









PHILADELPHIA, July 8, 2024 (GLOBE NEWSWIRE) — Axalta Coating Systems Ltd. (NYSE: AXTA), a global coatings leader, today announced that Chris Evans has been named Vice President, Global Strategy and Colleen Lubic has been named Vice President, Investor Relations. The appointments are effective immediately and are further testament to the strength of Axalta.

Evans has served as VP, Investor Relations at Axalta since early 2022. Prior to joining the company, he led the investor relations function for Ecovyst and was Director of Investor Relations and Corporate Strategy at Chemours. In addition, he spent more than four years as a sell-side equity analyst for Goldman Sachs covering the U.S. chemical industry. Evans began his career at ExxonMobil as a senior research chemist and head of a research and development laboratory. In his new role, Evans leads Axalta’s global strategy and M&A activities and reports directly to Tim Bowes, Axalta’s Chief Transformation Officer. Evans holds a Ph.D. in chemistry from the University of Rochester and a bachelor’s degree in chemistry from the Rochester Institute of Technology.

“Chris’ leadership in leading investor relations at Axalta has been outstanding and his deep understanding of our business will be invaluable in his new role,” said Carl Anderson, Senior Vice President and Chief Financial Officer. “We believe his assumption of leadership of global strategy will help accelerate the implementation of Axalta’s 2026 A plan, which was unveiled during our recent Strategy Day.”

Lubic joined Axalta in April 2022 as Vice President, Financial Planning & Analysis. Previously, she held several leadership positions at Campbell Soup Company, including Divisional Lead, Supply Chain Finance, as well as Vice President, Finance for Campbell Company of Canada and Senior Manager, Financial Planning & Analysis for Campbell Soup’s U.S. beverage business. She began her career as an auditor at Deloitte. In her new role, Lubic serves as the primary liaison between Axalta, shareholders and the investment community, reporting to Anderson. She holds a bachelor’s degree in accounting from Villanova University.

“Colleen has been an important partner for the firm, leveraging her skills in finance, accounting and business consulting throughout her career,” added Anderson. “Her extensive financial experience coupled with strong communication skills make her an excellent fit to lead our investor relations department.”

About Axalta Coating Systems
Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, attractive and sustainable coatings solutions. From passenger cars, commercial vehicles and refinishes to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and improve durability. With more than 150 years of experience in the coatings industry, Axalta’s global team continues to find ways to serve our more than 100,000 customers in over 140 countries with the best coatings, application systems and technologies every day. For more information, visit axalta.com and follow us on LinkedIn And @axalta on X.









FAQ



What new positions were advertised by Axalta on July 8, 2024?

Axalta announced Chris Evans as Vice President of Global Strategy and Colleen Lubic as Vice President of Investor Relations.


Who is Chris Evans and what is his new role at Axalta?

Chris Evans has been appointed Vice President of Global Strategy at Axalta, where he will lead global strategy and M&A activities.


What experience does Chris Evans bring to his new role at Axalta (AXTA)?

Chris Evans has held positions at Ecovyst, Chemours and Goldman Sachs and holds a PhD in chemistry from the University of Rochester.


Who is Colleen Lubic and what is her new role at Axalta?

Colleen Lubic has been appointed Vice President of Investor Relations at Axalta and will serve as a liaison between the company and its shareholders.


What was Colleen Lubic’s background before joining Axalta (AXTA)?

Colleen Lubic has held several leadership positions at Campbell Soup Company, including Vice President of Finance for Campbell Company of Canada.


How could the new appointments at Axalta (AXTA) impact the company’s strategy?

The appointments could enhance strategic execution and investor relations and potentially accelerate the company’s A-Plan 2026.