Axalta Welcomes New Vice President of Strategy and Business Development

News From: Products Finishing, from Modern Machine Shop

Posted on: 6/27/2014

In this position, Rajeev Rao will support the implementation of the company's strategic plan to chart growth opportunities across its global business portfolio.

Rajeev Rao joined Axalta Coating Systems as Vice President of Strategy and Business Development. In this position, Mr. Rao will report to Charlie Shaver, Axalta Chairman and CEO, and support the implementation of the company's strategic plan to chart dynamic, organic growth opportunities and potential merger and acquisition initiatives across its global business portfolio.

Mr. Rao brings extensive industry and consulting experience to the company. Before joining Axalta, he worked at Halliburton Company since 2012 where he was Senior Director of Strategy and Marketing for its Drilling and Evaluation Division. Prior to that role, Mr. Rao spent six years with McKinsey & Company, where most recently he served as a leader in its North America Chemicals Practice. He started his career in 2000 working at Akzo Nobel, another coatings company, where he held a number of research and development positions.

Mr. Rao holds a doctorate in Chemical Engineering from Pennsylvania State University, an MBA from New York University's Stern School of Business and a bachelor's degree in Chemical Engineering from Anna University.

"Our customers are the foundation of our business," Mr. Shaver explained. "Rajeev's expertise and guidance will advance and accelerate key elements of our long term strategy to meet the needs of our OEM, industrial and refinish customers."

Axalta Coating Systems is a global provider of liquid and powder coatings to automotive, transportation, general industrial, and architectural and decorative customers.

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