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Money Moves: Axalta appoints Carl Anderson as CFO, SVP

Toronto, Ontario — A changing of the guard is underway at Axalta, as the global coatings developer announced Wednesday that Carl Anderson will be taking over for Sean Lannon in the position of senior v-p and CFO, effective Aug. 14.

Having most recently served as CFO at XPO Inc., one of North America’s largest freight providers, in addition to 16 years at Meritor Inc. as CFO, Axalta expressed its confidence that Anderson was exactly the person for the job in its press release.

“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 Axalta CEO and president Chris Villavarayan.

“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.”

Anderson said he is excited to be able to contribute to the legacy of a company like Axalta.

“It is a privilege to step into the CFO role and join a company with such a rich and celebrated history,” said Anderson.

“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.”

Outgoing CFO Lannon will be present for the company’s Aug. 2 conference call, following the release of Q2 2023 financial reports, alongside Villavarayan.

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