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AkzoNobel–Axalta name final directors for joint coatings oversight board

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Sig3.98Sen+4.05Env0.00Soc0.00Gov+3.12

AkzoNobel and Axalta have named the final three non-executive directors to oversee the combined coatings group once their all-share merger closes. Axalta board chair Rakesh Sachdev will chair the combined company, joined by CEO Greg Poux-Guillaume and deputy CEO Chris Villavarayan. The boards will blend Axalta refinish brands with AkzoNobel’s Sikkens, Lesonal and Wanda, with AkzoNobel shareholders owning 55% and Axalta 45%.

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