Axalta Coating Systems announced that Michael Cash resigned as senior vice president and president of Axalta’s industrial coatings business to pursue an opportunity outside of the coatings industry.
Cash is succeeded by Rajeev Rao, who serves as vice president for global powder and business development/strategy within industrial coatings, and David Heflin, who currently serves as vice president for global industrial coating systems.
Rao will continue to run the powder business, while Heflin was promoted to vice president of global industrial liquid coatings, where he will oversee Axalta’s general industrial, coil coatings, wood coatings, and energy solutions businesses.
Together, Rao and Heflin will serve as co-heads of industrial coatings and report directly to CEO Robert Bryant.
“Rajeev and Dave are both seasoned executives with extensive industry experience and a deep understanding of the strategic direction and future growth opportunities across our industrial coatings business,” Bryant says. “Their leadership and guidance will help build upon the strength of our business and our talented team in a manner consistent with our strategic imperatives prioritizing people, innovation, growth, and performance. I am confident that Rajeev and Dave will position the business and Axalta for sustained growth.”
“I also want to thank Mike for his dedication to Axalta over the past six years,” Bryant adds. “He has helped meaningfully shape and grow our industrial coatings business, and we wish him all the best in his future endeavors.”
Source: Axalta, www.axalta.com.