Andreas Kramvis, Vice Chairman of Honeywell, joins Axalta's Board of Directors

PHILADELPHIA--(BUSINESS WIRE)--

Axalta Coating Systems, a leading global supplier of liquid and powder coatings, is pleased to announce that Andreas Kramvis has joined its Board of Directors and will serve on the Audit Committee. Mr. Kramvis is a Vice Chairman of Honeywell Inc., a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials.

“Andreas will bring a superb perspective to our Board,” said Axalta Chairman and CEO Charlie Shaver. “His extensive experience managing a diverse array of technology-based businesses and a lifetime working in the global business arena makes Andreas an ideal match for Axalta. His background will enable him to understand and enhance our focus on innovation, R&D and engineering and leverage our extensive global footprint to meet evolving customer expectations.”

“Axalta has an extensive range of products in an industry with a diverse customer base,” explained Andreas Kramvis. “I'm looking forward to contributing to the Board and to Axalta's opportunities for continued growth around the world.”

In his role as Vice Chairman, Mr. Kramvis is focused on strategic components for the achievement of Honeywell's five year plan. Prior to current role, Mr. Kramvis served as the President and Chief Executive Officer of Honeywell Performance Materials and Technologies, a global leader in process technology for the oil and gas industry as well as the development and production of high-purity, high-quality performance chemicals and materials. Mr. Kramvis has also served as the President and CEO of Honeywell's Environmental and Combustion Controls business.

Intimately familiar with key markets and economies around the world, Mr. Kramvis has managed companies with global scope across five different industries. He is the author of a book titled “Transforming the Corporation: Running a Business in the 21st Century,” which demonstrates how to systematically transform a business for high performance.

Mr. Kramvis serves on the Board of Directors of the AptarGroup Inc. ATR. He is a graduate of Cambridge University, where he studied engineering specializing in electronics and holds an M.B.A. from Manchester Business School.

Axalta Coating Systems is a leading global provider of liquid and powder coatings to automotive, transportation, general industrial, and architectural and decorative customers. Doing business in more than 130 countries, Axalta operates 35 manufacturing centers, seven R&D facilities and 45 customer training centers. Axalta will continue to build on more than 145 years of experience in the coatings industry. For more information visit www.axaltacoatingsystems.com.

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