Source-grounded facts extracted from Axalta Coating Systems Ltd.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Axalta Coating Systems Ltd. shareholders approved Approval of compensation of named executive officers for 2025 at the 2026-06-03 meeting.
“Say on Pay for 2025: Votes For Votes Against Broker Non-Votes Abstentions 175,746,487 2,013,619 5,087,439 114,945”
Axalta Coating Systems Ltd. shareholders approved Appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm and auditor at the 2026-06-03 meeting.
“Appointment of PricewaterhouseCoopers LLP: Votes For Votes Against Abstentions 178,516,805 4,352,198 93,487”
Axalta Coating Systems Ltd. shareholders approved Election of nine directors at the 2026-06-03 meeting.
“Election of Nine Directors: Name Votes For Votes Withheld Broker-Non-Votes Jan A. Bertsch 175,398,682 2,476,369 5,087,439 William M. Cook 174,519,296 3,355,755 5,087,439 Tyrone M. Jordan 168,990,869 8,884,182 5,087,439 Deborah J. Kissire 174,557,043 3,318,008 5,087,439 Rakesh Sachdev 172,104,009 5,771,042 5,087,439 Samuel L. Smolik 176,344,625 1,530,425 5,087,439 Kevin M. Stein 176,832,476 1,042,574 5,087,439 Chris Villavarayan 177,247,432 627,618 5,087,439 Mary S. Zappone 176,084,028 1,791,022 5,087,439”
Axalta Coating Systems Ltd. amended Amendment No. 1 to the Merger Agreement with Akzo Nobel N.V. (effective 2026-05-27).
“On May 27, 2026, the Company entered into Amendment No. 1 to the Merger Agreement (the “Amendment”, and the Original Merger Agreement, as amended by the Amendment, the “Merger Agreement”) with AkzoNobel, which amends the Original Merger Agreement to, among other things, (i) provide for the incorporation of a second wholly owned subsidiary of AkzoNobel organized as an exempted company under the laws of Bermuda (“AkzoNobel Sub 2”), which will be the direct parent of AkzoNobel Sub (together with AkzoNobel Sub 2, the “Merger Subs”), (ii) provide for a second merger (the “Second Merger”) pursuant to which, immediately following the Merger and certain related contributions, the Surviving Company will be merged with and into AkzoNobel Sub 2, with AkzoNobel Sub 2 continuing as the surviving company of the Second Merger (the “Second Surviving Company”) and as a direct wholly owned subsidiary of AkzoNobel and (iii) provide that any of the independent directors to be jointly nominated by Axalta a”
Axalta Coating Systems Ltd. reported first quarter ended March 31, 2026 results: revenue $1.25 billion, net income $91 million.
“ended March 31, 2026. First Quarter 2026 Highlights: ▪ Exceeded guidance for first quarter net sales, Adjusted EBITDA and Adjusted Diluted EPS ▪ First quarter net sales of $1.25 billion ▪ Net income of $91 million with a net income margin of 7.3% ▪ Adjusted EBITDA of $259 million and Adjusted EBITDA margin of 20.6% ▪ Diluted EPS of $0.42 and Adjusted Diluted EPS”
Axalta Coating Systems Ltd. reported the first quarter ended March 31, 2024 results: revenue $1.3 billion, net income $39 million, EPS $0.18. Guidance raised.
“global coatings company, announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights: ▪ Net sales increased 0.8% year-over-year to $1.3 billion ▪ Announced 2024 Transformation Initiative with an estimated annual $75 million run-rate savings expected in 2026 ▪ Net income declined $22 million year-over-year to $39 million”
Robert M. McLaughlin departed as Director at Axalta Coating Systems Ltd..
“Director Robert M. McLaughlin to Retire On March 19, 2024, current director Robert M. McLaughlin informed the Board of Directors (the “Board”) of Axalta Coating Systems Ltd. (the “Company”) that he does not intend to stand for re-election to the Board at the 2024 Annual General Meeting of Members (the "2024 AGM") and that he is retiring from the Board when his term as a director expires at the 2024 AGM.”
Axalta Coating Systems Ltd. amended Fourteenth Amendment to Credit Agreement with Barclays Bank PLC, as administrative agent and collateral agent (effective 2024-03-18).
“On March 18, 2024, Axalta Coating Systems Dutch Holding B B.V. and Axalta Coating Systems U.S. Holdings, Inc., as borrowers, Axalta Coating Systems Ltd. (the “Company”), Axalta Coating Systems U.S., Inc. and certain other subsidiaries of the Company party thereto, as guarantors, certain lenders party thereto and Barclays Bank PLC, as administrative agent and collateral agent, entered into the Fourteenth Amendment to Credit Agreement (“Amendment No. 14”), which amended that certain Credit Agreement dated as of February 1, 2013 (as amended, the "Credit Agreement").”
Axalta Coating Systems Ltd. announced a restructuring with charges of approximately $75 - $110 million (approximately 600 employees).
“first quarter of 2024 and be completed by 2026. In connection with the 2024 Transformation Initiative, the Company estimates that it will incur pre-tax costs of approximately $75 - $110 million in the aggregate, of which $65 - $90 million represents severance and other exit-related costs and $10 - $20 million represents non-cash accelerated depreciation”
Axalta Coating Systems Ltd. updated its first quarter 2024 guidance (initiated).
“First Quarter 2024 Outlook: • Net Sales: Flat Year-Over-Year • Adjusted EBITDA: ~$240 million • Adjusted Diluted EPS: ~$0.40”
Axalta Coating Systems Ltd. reported full year ended December 31, 2023 results: EPS adjusted diluted earnings per share for 2023 improved by 6% to $1.57.
“Full year 2023 net sales increased 6.1% year-over-year (5.6% excluding foreign currency translation) to $5.2 billion.”
Axalta Coating Systems Ltd. reported fourth quarter ended December 31, 2023 results: EPS adjusted diluted earnings per share improved by 13% to $0.43.
“adjusted diluted earnings per share improved by 13% to $0.43 compared to $0.38 in the same period last year”
Axalta Coating Systems Ltd. reported fourth quarter and year ended December 31, 2023 results: revenue $1.3 billion, net income $74 million, EPS $0.33.
“Net sales increased 4.9% year-over-year to $1.3 billion”
Axalta Coating Systems Ltd. incurred senior notes of $500.0 million at 7.250% maturing due 2031.
“issued $500.0 million in aggregate principal amount of 7.250% Senior Notes due 2031 (the "Notes")”
Axalta Coating Systems Ltd. reported the third quarter ended September 30, 2023 results: revenue $1.3 billion, net income $73 million, EPS $0.33 per diluted share. Guidance raised.
“coatings company, announced its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights: ▪ Net sales increased 5.7% year-over-year to $1.3 billion ▪ Income from operations increased $40 million year-over-year to $163 million and Adjusted EBIT increased $40 million year over year to $188 million ▪ Operating margins increased”
Steven M. Chapman departed as Director at Axalta Coating Systems Ltd..
“current director Steven M. Chapman informed the Company that he does not intend to stand for re-election to the Board when his term as a Director expires at the 2024 AGM.”
Mary S. Zappone was appointed as Director at Axalta Coating Systems Ltd..
“on October 25, 2023, the Board of Directors (the “Board”) of Axalta Coating Systems Ltd. (“Axalta” or the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”), approved an increase in its size from ten to eleven members and the appointment of Mary S. Zappone to fill the newly-created vacancy.”
Alex Tablin-Wolf was appointed as Senior Vice President, General Counsel and Corporate Secretary at Axalta Coating Systems Ltd..
“The Board has appointed Alex Tablin-Wolf to succeed Mr. Berube as Senior Vice President, General Counsel and Corporate Secretary, effective January 1, 2024.”
Brian A. Berube departed as Senior Vice President, General Counsel and Corporate Secretary at Axalta Coating Systems Ltd..
“On September 19, 2023, Brian A. Berube, Senior Vice President, General Counsel and Corporate Secretary of Axalta Coating Systems Ltd. (the “Company”), informed the Company’s Board of Directors (the “Board”) of his decision to retire from such positions, effective as of December 31, 2023.”
Axalta Coating Systems Ltd. amended Thirteenth Amendment to Credit Agreement with Barclays Bank PLC, as administrative agent and collateral agent (effective 2023-08-18).
“On August 18, 2023, Axalta Coating Systems Ltd. (the “Company”), Axalta Coating Systems Dutch Holding B B.V. and Axalta Coating Systems U.S. Holdings, Inc. (together, the “Borrowers”), Axalta Coating Systems U.S., Inc., certain subsidiaries of the Company party thereto as guarantors, certain lenders party thereto and Barclays Bank PLC, as administrative agent and collateral agent, entered into the Thirteenth Amendment to Credit Agreement (“Amendment No. 13”), which amended that certain Credit Agreement, dated as of February 1, 2013, among, among others, the Borrowers, the guarantors party thereto, the lenders from time to time party thereto and Barclays Bank PLC, as administrative agent and collateral agent (as amended, the “Credit Agreement”).”
Axalta Coating Systems Ltd. reported the second quarter ended June 30, 2023 results: revenue $1,293.9.
“Total Axalta Net Sales $1,293.9 $1,234.9 4.8% (3.7%) 6.8% 0.1% 1.6%”
Kevin M. Stein was appointed as Director at Axalta Coating Systems Ltd..
“On July 31, 2023, the Board of Directors (the “Board”) of Axalta Coating Systems Ltd. (“Axalta” or the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”), approved an increase in its size from nine to ten members and the appointment of Mr. Kevin M. Stein to fill the newly-created vacancy, such increase and appointment to be effective as of September 1, 2023.”
Sean M. Lannon resigned as Senior Vice President and Chief Financial Officer at Axalta Coating Systems Ltd..
“the Company mutually agreed that Mr. Lannon would resign from such positions.”
Carl Anderson was appointed as Senior Vice President and Chief Financial Officer at Axalta Coating Systems Ltd..
“Axalta Coating Systems Ltd. (the “Company”) appointed Carl Anderson as the Company’s new Senior Vice President and Chief Financial Officer”
Axalta Coating Systems Ltd. shareholders approved Say-on-pay vote on compensation of named executive officers for 2022 at the 2023-06-07 meeting.
“Say on Pay for 2022: Votes For Votes Against Broker Non-Votes Abstentions 189,519,586 15,558,691 3,838,416 74,712”
Axalta Coating Systems Ltd. shareholders approved Amendment and restatement of the Amended and Restated 2014 Incentive Award Plan at the 2023-06-07 meeting.
“Amendment and Restatement of the Amended and Restated 2014 Incentive Award Plan: Votes For Votes Against Broker Non-Votes Abstentions 198,027,079 7,052,155 3,838,416 73,755”
Axalta Coating Systems Ltd. shareholders approved Approval of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2023-06-07 meeting.
“Appointment of PricewaterhouseCoopers LLP: Votes For Votes Against Abstentions 202,351,016 6,586,134 54,255”
Axalta Coating Systems Ltd. shareholders approved Election of nine directors at the 2023-06-07 meeting.
“Election of Nine Directors: Name Votes For Votes Withheld Broker-Non-Votes Jan A. Bertsch 204,465,804 687,185 3,838,416 Steven M. Chapman 201,890,368 3,262,621 3,838,416 William M. Cook 200,605,597 4,547,392 3,838,416 Tyrone M. Jordan 197,076,501 8,076,488 3,838,416 Deborah J. Kissire 180,245,813 24,907,176 3,838,416 Robert M. McLaughlin 201,493,843 3,659,146 3,838,416 Rakesh Sachdev 191,142,767 14,010,222 3,838,416 Samuel L. Smolik 198,410,950 6,742,039 3,838,416 Chris Villavarayan 203,456,174 1,696,815 3,838,416”
Axalta Coating Systems Ltd. reported first quarter ended March 31, 2023 results: revenue $1,283.9, net income $60.5 million, EPS $0.27.
“Price/Mix FX Performance Coatings Net Sales $847.1 $814.4 4.0% (3.4%) 10.3% (2.9%) Mobility Coatings Net Sales $436.8 $359.7 21.4% 16.5% 7.2% (2.3%) Total Axalta Net Sales $1,283.9 $1,174.1 9.4% 2.7% 9.4% (2.7%) Income from operations $125.3 $86.3 45.2% Adjusted EBIT $149.3 $119.5 24.9% % margin 11.6% 10.2% 1 Performance Coatings Results ($ in millions) Q1”
Axalta Coating Systems Ltd. reported financial results for fourth quarter and year ended December 31, 2022.
“Axalta Coating Systems Ltd. issued a press release and posted an earnings call presentation to its website reporting its financial results for the fourth quarter and year ended December 31, 2022.”
Axalta Coating Systems Ltd. amended Eleventh Amendment to Credit Agreement and First Amendment to Amended and Restated Guaranty Agreement with Barclays Bank PLC, as administrative agent and collateral agent valued at $2.0 billion (effective 2022-12-20).
“On December 20, 2022, Axalta Coating Systems Ltd. (the “Company”), Axalta Coating Systems Dutch Holding B B.V. and Axalta Coating Systems U.S. Holdings, Inc. (together, the “Borrowers”), Axalta Coating Systems U.S., Inc., certain subsidiaries of the Company party thereto as guarantors, certain lenders party thereto and Barclays Bank PLC, as administrative agent and collateral agent, entered into the Eleventh Amendment to Credit Agreement and First Amendment to Amended and Restated Guaranty Agreement (“Amendment No. 11”), which amended that certain Credit Agreement, dated as of February 1, 2013, among the Borrowers, the guarantors party thereto, the lenders from time to time party thereto and Barclays Bank PLC, as administrative agent and collateral agent (as amended, the “Credit Agreement”).”
Chris Villavarayan was appointed as Director at Axalta Coating Systems Ltd..
“appointed Mr. Villavarayan as a director”
Rakesh Sachdev departed as Interim Chief Executive Officer and President at Axalta Coating Systems Ltd..
“Mr. Villavarayan, age 52, succeeds Rakesh Sachdev, who notified the Company on November 11, 2022 that he is stepping down as Interim Chief Executive Officer and President, effective as of immediately prior to the Appointment Time.”
Chris Villavarayan was appointed as Chief Executive Officer and President at Axalta Coating Systems Ltd..
“appointed Chris Villavarayan as the Company’s Chief Executive Officer and President, effective as of January 1, 2023”
Elizabeth Cahill Lempres departed as Director at Axalta Coating Systems Ltd..
“Elizabeth Cahill Lempres informed the Board that she is stepping down as a member of the Board, effective as of September 15, 2022.”
Jan Annette Bertsch was appointed as Director at Axalta Coating Systems Ltd..
“the appointment of Jan Annette Bertsch to fill the newly-created vacancy”
Rakesh Sachdev was appointed as Interim Chief Executive Officer and President at Axalta Coating Systems Ltd..
“The Board has appointed Rakesh Sachdev, currently an independent member of the Board, to serve as Interim Chief Executive Officer and President (“Interim CEO”) of the Company, effective as of August 31, 2022”
Robert Bryant departed as Director at Axalta Coating Systems Ltd..
“Mr. Bryant will also step down from the Company’s Board of Directors (the “Board”) on such date.”
Robert Bryant departed as Chief Executive Officer and President at Axalta Coating Systems Ltd..
“Robert Bryant will step down from his position as Chief Executive Officer and President (“CEO”) of the Company, effective as of August 31, 2022.”
William M. Cook was appointed as Chair at Axalta Coating Systems Ltd..
“The Board has appointed current Director William M. Cook as its new Chair, and has decreased the size of the Board from ten to nine members, in each case effective upon Mr. Garrett's resignation.”
Mark Garrett resigned as Chair at Axalta Coating Systems Ltd..
“On August 26, 2021, Mark Garrett informed the board of directors (the "Board") of Axalta Coating Systems Ltd. (the "Company") of his resignation as a member, and as Chair, of the Board, effective as of August 26, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.