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Akzo Nobel CFO Maarten de Vries extends tenure to steer Axalta merger
Akzo Nobel has announced that CFO Maarten de Vries will extend his term by one year to provide stability during the proposed merger with Axalta, ensuring consistent leadership in a pivotal phase for the coatings industry.
Akzo Nobel has confirmed that Maarten de Vries, its Chief Financial Officer (CFO), will extend his tenure by one year to support the company’s planned merger with Axalta. Originally set to retire in April 2026, de Vries will now remain in his role until April 2027, subject to shareholder approval at the 2026 Annual General Meeting. This strategic decision aims to ensure leadership stability as Akzo Nobel navigates the complexities of the merger, which is expected to be completed by late 2026 or early 2027.
Fredrik Westin, who was scheduled to succeed de Vries as CFO in January 2026, will no longer join the company. Akzo Nobel expressed gratitude for Westin’s understanding, while highlighting the importance of consistent leadership during this transformative period. CEO Greg Poux-Guillaume praised de Vries for his dedication, stating that his continued presence will be instrumental in steering the company through the merger process.
