Axalta Coating Systems has announced the appointment of Steven M. Chapman to its board of directors, where he will serve on the company’s audit and environment, health, safety and sustainability committees.
“I’m pleased to welcome Steve to our board of directors,” said Mark Garrett, Board Chair, Axalta. “He brings extensive China and emerging markets experience from his long and distinguished career at Cummins Inc., a global Fortune 500 manufacturing leader. Axalta continues to focus on growing our customer base, and Steve has a proven track record of building a successful business in China and he understands the M&A market in the region, as well as how to leverage partnerships and joint ventures to drive performance. His guidance will help Axalta further build our leadership position in the coatings industry around the world.”
“Steve’s background and 30-plus years of experience in China and emerging markets where he successfully grew Cummins’ China business make him a great fit for Axalta’s business goals and priorities,” said Robert Bryant, CEO of Axalta. “Moreover, Steve will complement our board’s current expertise in the automotive and commercial vehicle markets, particularly in China.”
Chapman, 66, is currently Group Vice President – China and Russia at Cummins, and is responsible for driving business growth in both countries. He is a senior advisor to the US-China Industrial Cooperation Partnership, a private equity fund managed by Goldman Sachs, and also serves on the board of directors for Cooper Tire & Rubber, the board of trustees for Carthage College in Kenosha, Wisconsin, and the Yale Greater China board of advisors.