Mark Garrett steps down: Axalta announces board changes
The Board has appointed William M. Cook as its new Chair, effective upon Mr. Garrett’s resignation. Mr. Cook joined Axalta’s Board in 2019. He previously served as Executive Chairman of Donaldson Company, Inc. until 2016, and prior to that served as Chairman, CEO and President of Donaldson for more than ten years.
During his 35-year career at Donaldson, Mr. Cook held various roles of increasing responsibility, including Senior Vice President, International, Chief Financial Officer, and Senior Vice President, Commercial and Industrial. Mr. Cook also brings to the Board strong public company board experience.
He serves on the Boards of Directors of IDEX Corporation and Neenah, Inc., and, previously, served on the Board of Directors of Valspar Corporation. On August 23, 2021, Mr. Cook was named Public Company Director of the Year by the National Association of Corporate Directors.
“Has been an honour”
“It has been an honour to serve as a member of Axalta’s Board of Directors for the past five years, and the Chair for the past two years,” said Mr. Garrett. “Axalta’s future is bright, and I look forward to seeing Robert and the team lead the company to even greater heights.”
“On behalf of the Board, I would like to thank Mark for his Board service and his leadership over the past two years,” said Mr. Cook. “I am excited to assume the role of Chair as Axalta continues to deliver value to our stakeholders.”