Axalta appoints Jan Bertsch to Board; director Elizabeth Lempres to step down

Axalta Coating Systems Ltd.

Jan Bertsch, former SVP and CFO of Owens-Illinois, appointed independent director effective Sep 13, 2022.
Bertsch will serve on Audit Committee; receives $75k annual cash stipend and prorated RSUs (~$60k).
Elizabeth Lempres stepping down effective Sep 15, 2022; no disagreement cited.
Board size will be 8 members after Lempres departure; 4 of 8 appointed since 2020.
Board refreshment process ongoing with independent search firm.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Jan Annette Bertsch

Director

AXTA · Axalta Coating Systems Ltd.

Effective: 2022-09-13
Filed: August 29, 2022, 7:59 PM ET

the appointment of Jan Annette Bertsch to fill the newly-created vacancy

Departed

Elizabeth Cahill Lempres

Director

AXTA · Axalta Coating Systems Ltd.

Effective: 2022-09-15
Filed: August 29, 2022, 7:59 PM ET

Elizabeth Cahill Lempres informed the Board that she is stepping down as a member of the Board, effective as of September 15, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jan Annette Bertsch was appointed as Director at Axalta Coating Systems Ltd..

Action: appointed
Role: Director

Exact text from the filing

the appointment of Jan Annette Bertsch to fill the newly-created vacancy

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Elizabeth Cahill Lempres departed as Director at Axalta Coating Systems Ltd..

Action: stepping down
Role: Director

Exact text from the filing

Elizabeth Cahill Lempres informed the Board that she is stepping down as a member of the Board, effective as of September 15, 2022.

View on SEC.gov

Axalta Coating Systems Ltd. filing history →

Source: SEC EDGAR

accession 0001616862-22-000033

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