Axalta Coating Systems has announced that its Board of Directors has named Robert Bryant Chief Executive Officer on a permanent basis, effective immediately. He had been serving as interim CEO since October 2018. Mr.

Charlie Shaver, Axalta's Chairman of the Board, said, "Over the past two months, Robert has seamlessly stepped into the role of interim CEO and led the company in a challenging market environment. Having worked closely with him over the past six years, I am extremely confident in his ability to lead Axalta effectively as our permanent CEO. The Board and I look forward to seeing Axalta build on its success and continue to thrive under Robert's leadership."

Mr. Bryant said, "I appreciate the Board's confidence in me and am honoured to continue working alongside a talented management team and dedicated employees to build on Axalta's well-deserved reputation for customer service and innovation."

The Company also announced that Sean Lannon has been named Chief Financial Officer on a permanent basis, effective immediately. He had been serving as Vice President and Interim Chief Financial Officer since October 2018.

Mr. Bryant commented, "Sean's business and financial acumen, years of experience working in increasingly senior finance roles at Axalta, and extensive background in financial reporting make him a great fit to succeed me as Axalta's CFO. I am very excited to continue working with Sean to grow Axalta and build shareholder value over the long term."