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Charles W. Shaver is a seasoned leader with a strong background in finance and a focus on performance-driven strategies. He earned his B.A. in Economics from the University of Florida and an M.B.A. from Harvard Business School, equipping him with...

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Charles W. Shaver

Ex-CEO of Axalta Coating Systems

Education

B.A. degree in Economics from the University of Florida; M.B.A. degree from the Harvard Business School

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Basic Materials

Born

January 1, 1968 - 57 years ago

CEO of Axalta Coating Systems for

3 years 8 months (Oct 2015 - Jun 2019)

Previous Experience

Executive Vice President and Chief Financial Officer of Axalta from 2013 until that appointment; Chief Financial Officer and Senior Vice President of Roll Global LLC; Executive Vice President of Strategy, New Business Development, and Information Technology at Grupo Industrial Saltillo, S.A.B. de C.V.

Holdings

See how much did Charles W. Shaver make over time.

Charles W. Shaver's insider trading history reveals a dynamic engagement with Axalta's stock. At his peak in September 2019, his holdings were valued at an impressive $38.09 million, indicating strong confidence in the company's growth potential. However, values fluctuated during...

Mar 18, 2025

Total Stock Sold

$129.75M

AXTA

$128.57M

4,524,916 AXTA shares

SLCA

$1.17M

82,000 SLCA shares

What if they kept their stock?

If Charles W. Shaver didn't sell their stock, today they would have:
Extra AXTA4,524,916 shares worth $81.36M and SLCA82,000 shares worth $113.98K.
This is -37.21% and $48.27M less than what they got when they sold the stock.

Charitable Transactions

AXTA

17,445 shares

AXTA

SLCA

57,942 shares

SLCA

Recent Charitable Transactions

SLCA

3,280 shares

SLCA

Jul 23, 2024

Charity

SLCA

11,662 shares

SLCA

May 12, 2022

Charity

SLCA

43,000 shares

SLCA

May 17, 2021

Charity

AXTA

11,290 shares

AXTA

May 14, 2018

Charity

AXTA

6,155 shares

AXTA

Feb 5, 2018

Charity

Insider Trading

See recent insider trades of Charles W. Shaver.

SLCA

3,280 shares

SLCA

Jul 23, 2024

Charity

SLCA

13,548 shares

SLCA

May 9, 2024

Received

SLCA

16,908 shares

SLCA

May 11, 2023

Received

SLCA

$472.00K

SLCA at $14.75/share

Aug 19, 2022

Sale

SLCA

$717.00K

SLCA at $14.34/share

Aug 4, 2022

Sale

SLCA

10,667 shares

SLCA

May 12, 2022

Received

SLCA

11,662 shares

SLCA

May 12, 2022

Charity

SLCA

43,000 shares

SLCA

May 17, 2021

Charity

SLCA

15,990 shares

SLCA

May 13, 2021

Received

SLCA

112,805 shares

SLCA

May 7, 2020

Received

Compensation History

See how much did Charles W. Shaver make over time.

In 2019, Charles W. Shaver's total compensation at Axalta Coating Systems showcased a significant alignment with the company's performance goals, amounting to $9,975,228. This figure included a base salary of $971,923 and a hefty performance bonus of $3 million, reflecting the company's financial health and Shaver's leadership effectiveness. He also received stock awards valued at over $1 million that vested in three equal installments, tying his wealth to Axalta's long-term success. In 2015, his total earnings spiked to $18.4 million, underlining a culture of rewarding executive efficiency based on tangible results, a philosophy that matches well with modern business standards demanding accountability and performance. His compensation structure emphasized both immediate and long-term incentives, fostering a focus on sustainable growth.

Year

2019

Total Compensation

$5.09M

Salary

$971.92K

Board Justification

The compensation philosophy is to align executive pay with company performance, with a significant portion of compensation being performance-based to incentivize executives to achieve both short-term and long-term goals.

Bonus

$3.00M

Board Justification

The bonus is based on the company's performance metrics and individual performance, with a target of 110% of base salary.

Other

$33.66K

Board Justification

Other compensation includes contributions to retirement plans and perquisites.

Restricted Stock

$1.08M(40.13K RSU)

Board Justification

The stock awards granted in 2019 vest in three equal installments over three years, with the first installment vesting in 2019.

Performance Metrics

The performance metrics for the CEO's compensation include Adjusted EBIT and Adjusted Free Cash Flow, with individual performance also considered.

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