GLEN MILLS, Penn.– Axalta Coating Systems Ltd. announced Carl Anderson has been appointed senior vice president and CFO, effective Aug. 14. Anderson will succeed Sean Lannon, who will be leaving the company to pursue other opportunities.

Anderson joins Axalta from XPO, Inc., one of North America’s largest freight transportation providers, where he served as CFO since November 2022. Prior to XPO, he spent more than 16 years at Meritor, Inc., a leading global supplier for commercial vehicle manufacturers, where he served as CFO for more than three years in addition to holding numerous other financial leadership positions.

“It is a privilege to step into the CFO role and join a company with such a rich and celebrated history," Anderson said. "Axalta has built something special over the last 150-plus years and I look forward to working with the rest of the executive team and Axalta’s exceptional Finance organization to build on Axalta’s outstanding performance and continue furthering the company’s profitable growth trajectory.”

“Carl brings more than 25 years of experience in the transportation industry with deep expertise in the commercial vehicle market, and I am thrilled he has decided to join Axalta at such an exciting time for the company and our shareholders,” said Chris Villavarayan, Axalta president and CEO. “Carl’s leadership of finance organizations for one of the largest LTL carriers in North America as well as a global commercial vehicle supplier will provide a unique perspective for our business. I believe he will be a tremendous partner to build on our momentum to position Axalta for accelerated growth and market leadership, and value creation."

Villavarayan added, “On behalf of our Board and our entire management team, I want to thank Sean for his many contributions to Axalta throughout his 10 years with the company. His efforts in advancing our strategic objectives have positioned us for continued strong performance in the years to come. We wish him the best in his future endeavors.”