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...
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 the tools to guide Axalta Coating Systems effectively. Under his leadership from 2015 to 2019, Axalta saw impressive financial growth, reporting net sales of $4.4 billion and significant investments in innovation, with over 250 new products launched during his tenure. Shaver played a crucial role in Axalta’s aggressive acquisition strategy, successfully completing eight acquisitions to expand the company’s market reach. Despite stepping down as CEO in 2019 to pursue other commitments, he left behind a legacy of growth and strategic vision that transformed Axalta. During his time, Shaver's compensation reflected this drive, peaking at nearly $18.4 million in 2015, largely due to performance bonuses tied to the company’s achievements. His commitment to aligning executive pay with performance metrics underscores a modern approach to leadership that focuses on measurable success and impact. Shaver's impact on Axalta continues to influence the company's strategy and governance today.