Charlie Shaver has stepped down as chairman of Axalta’s board of directors, with Mark Garrett (an Australian national), stepping into his position.
Garrett has over 30 years of senior management experience in the chemical sector. Currently, he serves as CEO Marquard-Bahls AG, a Hamburg, Germany based company specializing in energy supply, trading, and logistics. Garrett was previously CEO of Borealis AG, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. During his time at Borealis, he set the company on a strong trajectory that included driving growth as vice chairman at Abu Dhabi Polymers Company Ltd. (Borouge ADP), a leading provider of innovative, value creating plastics solutions, established in a joint venture with Abu Dhabi National Oil Company (ADNOC).
Garrett also is a member of the board of firectors of Nova Chemicals and chairman of its remuneration committee. Nova is one of world’s leading suppliers of plastics and chemicals.