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Meeting calendar
AXTA · Annual meeting · Wednesday, June 3, 2026

Axalta Coating Systems Ltd

9 nominees · 3 ballot items.

Three management proposals: (1) elect nine directors to serve until the 2027 Annual General Meeting; (2) appoint PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm and delegate authority to the Board (through the Audit Committee) to set terms and remuneration; and (3) a non-binding advisory “Say-on-Pay” vote to approve the compensation of the Company’s named executive officers.

Market cap
$6.9B
1Y TSR
+12.5%
Board grade
C+
Record date
Apr 9, 2026
Filing
DEF 14A
Meeting concluded · Jun 3, 2026

Follow how the vote landed and what changed on Axalta Coating Systems Ltd’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of nine directors to serve until the 2027 Annual General Meeting of Members

    ManagementBoard: FOR

    Shareholders will vote to elect nine director nominees to the Board to serve until the 2027 Annual General Meeting (or until earlier death, resignation or removal).

  2. 2

    Appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm and auditor

    ManagementBoard: FOR

    Shareholders are asked to approve the appointment of PricewaterhouseCoopers LLP (PwC) as Axalta’s independent registered public accounting firm and auditor through the 2027 Annual General Meeting and to delegate authority to the Board, acting through the Audit Committee, to set the terms and remuneration.

  3. 3

    Non-binding advisory vote to approve the compensation of our named executive officers

    ManagementBoard: FOR

    A non-binding advisory (“Say-on-Pay”) vote asking shareholders to approve, on an advisory basis, the compensation of the Company’s named executive officers as described in the Compensation Discussion and Analysis and related disclosure.

    More detail

    This is an annual, non-binding advisory 'Say-on-Pay' proposal asking shareholders to approve the compensation paid to Axalta’s named executive officers, encompassing the Compensation Discussion and Analysis, pay tables and narrative disclosures. Management seeks shareholder support to validate its pay-for-performance program, which the Compensation Committee has structured to align a substantial portion of executive pay with company performance (annual bonus tied to Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow; multi-year PSUs tied to Adjusted Diluted EPS and relative TSR), and to retain and motivate leadership through market-competitive long-term incentives. The Compensation Committee emphasizes governance safeguards: a fully independent committee, independent compensation consultant (Pearl Meyer), stock ownership guidelines, clawback policies, double-trigger change-in-control protections for equity, and limits on hedging/pledging. Management highlights 2025 outcomes—record Adjusted EBITDA and Adjusted Diluted EPS—and describes how annual and long-term awards were calibrated (e.g., 2025 ABP payout at 71.7% of target, PSU design and vesting schedules) to reflect performance. Shareholder engagement is documented; the Company reports strong prior Say-on-Pay support (99.12% in 2025) and ongoing outreach to major holders, which the Compensation Committee considers when setting compensation. From a governance and investor-relations perspective, the vote is advisory but materially informative: a strong vote in favor reinforces current pay arrangements and the committee’s approach, while a negative or weak vote would prompt further review and potential changes. Considerations for an analyst: the program mixes near-term cash incentives with multi-year PSUs to drive both operational metrics and relative market performance, includes retention components tied to the pending merger (retention awards contingent on deal close), and contains protections to mitigate excessive risk-taking; however, the pending AkzoNobel merger and special retention awards may raise questions about alignment and incremental payouts tied to deal timing. Overall, the proposal asks shareholders to endorse management’s compensation design and its implementation, with the Board recommending a vote FOR based on demonstrated alignment with reported financial results, governance controls and investor engagement.

Director elections

Nominees on the ballot9

Independent
Tenure on this board
5.9 yrs
Also a director at
Regal Rexnord Corp (RRX)Edgewell Personal Care Co (EPC)Herc Holdings Inc (HRI)
Independent
Tenure on this board
3.8 yrs
Also a director at
Bwx Technologies Inc (BWXT)Regal Rexnord Corp (RRX)
Independent
Tenure on this board
7.1 yrs
Also a director at
Mativ Holdings Inc (MATV)
Independent
Tenure on this board
5.1 yrs
Also a director at
Oshkosh Corp (OSK)Fuelcell Energy Inc (FCEL)
Independent
Tenure on this board
9.6 yrs
Also a director at
Cable One Inc (CABO)Omnicom Group Inc (OMC)Celanese Corp (CE)
Independent
Tenure on this board
2.9 yrs
Also a director at
Onity Group Inc (ONIT)Dime Commercial Bancshares Inc (DCOM)
Not independent
Tenure on this board
3.7 yrs
Also a director at
Franklin Electric Co Inc (FELE)
Ownership

Top institutional holders10

Latest 13F quarter
1Artisan Partners Limited Partnership13.5%28,796,203$798M
2BARROW HANLEY MEWHINNEY STRAUSS LLC8.1%17,370,395$481M
3BlackRock, Inc.5.2%11,153,387$309M
4VANGUARD CAPITAL MANAGEMENT LLC4.5%9,600,071$266M
5VANGUARD PORTFOLIO MANAGEMENT LLC4.4%9,517,578$264M
6DIMENSIONAL FUND ADVISORS LP3.3%7,078,393$196M
7STATE STREET CORP3.0%6,464,569$179M
8BlackRock, Inc.2.9%6,186,451$171M
9AQR CAPITAL MANAGEMENT LLC2.3%4,920,657$134M
10D. E. Shaw Co., Inc.Activist2.2%4,678,139$130M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Axalta Coating Systems Ltd 2026 annual meeting?
Axalta Coating Systems Ltd (AXTA) holds its 2026 annual shareholder meeting on Wednesday, June 3, 2026.
What is the record date for the Axalta Coating Systems Ltd 2026 meeting?
The record date for the Axalta Coating Systems Ltd 2026 meeting is Thursday, April 9, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Axalta Coating Systems Ltd's 2026 meeting?
The board is presenting 9 director nominees at the Axalta Coating Systems Ltd 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Axalta Coating Systems Ltd 2026 meeting?
Shareholders will vote on 3 proposals at the Axalta Coating Systems Ltd 2026 meeting, each tagged with who proposed it and the board's recommendation.
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