Axalta's Steven Markevich Promoted to Executive Vice President

Will lead operations in Greater China and continue as President, Transportation Coatings

PHILADELPHIA--(BUSINESS WIRE)-- Axalta Coating Systems (NYSE: AXTA) is pleased to announce that Steve Markevich has been promoted to the position of Executive Vice President. In this new role, Mr. Markevich will continue as President of the company's transportation coatings business and now also be responsible for all of Axalta's operations in greater China.

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Steve Markevich, Executive Vice President, Axalta Coating Systems (Photo: Axalta)

China presents many opportunities for the sustained growth of coatings applications. It is an important market for the production of both light and commercial vehicles. These vehicles fuel the need for Axalta’s refinish coatings that serve the collision repair industry and commercial fleet owners. China’s development also requires a variety of industrial coatings that are used in electrical systems, construction, hundreds of commercial applications and in vehicles as well. Mr. Markevich will be able to promote Axalta’s China growth strategy by integrating the contributions that Axalta’s many coatings technologies can provide to multiple industries.

Before joining Axalta in 2013, Mr. Markevich was Chief Executive Officer of GKN Driveline based in the United Kingdom. Prior to that, he was President, GKN Sinter Metals, which engineers and manufactures precision automotive components for engine, transmission and body chassis applications for major OEMs and top tier customers. He also served as President, Sinter Metals North American Operations and as Vice-President, Sales & Marketing. While at GKN, Mr. Markevich oversaw operations in over 22 countries. At Siegel-Robert Automotive, one of the largest exterior trim suppliers to automotive and commercial truck manufacturers, he led the company’s commercial strategy, sales, account and program management initiatives. At Guardian Automotive, he served in numerous leadership roles and was responsible for all senior level customer relationships. Mr. Markevich started his career with Deloitte & Touche consulting and the National Steel Corporation. He received a finance degree from University of Michigan’s Ross School of Business and is a Certified Public Accountant.

About Axalta Coating Systems

Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, automotive refinish and commercial vehicles to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With nearly 150 years of experience in the coatings industry, the over 12,800 people of Axalta continue to find ways to serve our more than 120,000 customers in 130 countries better every day with the finest coatings, application systems and technology. For more information visit axaltacoatingsystems.com and follow us @axalta on twitter.

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Axalta Coating Systems
Matthew N. Winokur, +1 215-255-7932
matthew.winokur@axaltacs.com
axaltacoatingsystems.com

Source: Axalta Coating Systems

Released October 1, 2015