Axalta Coating Systems, the global  coatings manufacturer and the name behind four leading refinish paint brands, has announced the appointment of Terrence Hahn as Chief Executive Officer, effective September 4, 2018. He succeeds Charlie Shaver, who served as Axalta’s Chairman and Chief Executive Officer since 2013 and will continue as Non-Executive Chairman.

Terrence was most recently President and Chief Executive Officer of Honeywell International Inc.’s Home and Building Technologies group. On the appointment Charlie Shaver said,  “We identified Terrence as having a proven track record of success, and the right expertise, experience, and personality for Axalta. I look forward to a successful transition of the Chief Executive Officer role to Terrence and a wonderful partnership with him in my role as 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-added offerings that will deepen existing customer relationships and attract new customers, as well as add inorganic growth through strategic acquisitions. I appreciate the Board’s confidence in me and look forward to working with Charlie and the Axalta leadership team to help drive the next phase of Axalta’s growth and build shareholder value.”