Axalta Coating Systems Ltd. Axalta Coating Systems Ltd. appointed Carl Anderson as the Company?s Senior Vice President, and Sean M. Lannon, the Company?s current Senior Vice President and Chief Financial Officer, and the Company mutually agreed that Mr. Lannon would resign from such positions. Mr. Anderson, age 53, will start on August 14, 2023, immediately prior to which Mr. Lannon will cease to serve as Senior Vice President and Chief Financial Officer. Mr. Lannon?s departure is not related to any disagreement on any matter relating to the Company?s operations, policies or practices.

From November 2022 to August 2023, Mr. Anderson served as the chief financial officer of XPO Inc. (?XPO?), a leading provider of freight transportation services. Prior to XPO, Mr. Anderson served from March 2019 to October 2022 as the chief financial officer of Meritor Inc. (?Meritor?), a global supplier of a broad range of integrated systems, modules and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation and industrial sectors. Meritor was acquired by Cummins Inc. in August 2022.

Prior to that he served in a series of increasing leadership positions with Meritor, including group vice president of finance from March 2018 until March 2019 where he had responsibility for all global finance functions, vice president and treasurer from February 2012 until March 2018 where he had responsibility for global treasury, tax planning and investor relations, assistant treasurer from August 2009 until February 2012 and director of capital markets from September 2006 until August 2009. Prior to joining Meritor, Mr. Anderson held increasing leadership positions with General Motors Acceptance Corporation and First Chicago Corporation. Mr. Anderson has a master?s degree in business administration from Wayne State University and a bachelor?s degree in economics from Michigan State University.