Mr. Villavarayan has served as Chief Executive Officer and President of Axalta since January 2023. He is also a member of the company’s Board of Directors. Previously, Mr. Villavarayan held many positions of increasing responsibility over the course of his 22 years at Meritor and has extensive international experience as well as experience executing and integrating accretive acquisitions and leading teams to drive transformational change that created significant shareholder value. Most recently, he served as CEO and President and as a member of the Board of Directors. Prior to this, he served as Chief Operating Officer, overseeing Meritor’s global operations for its Global Truck and Aftermarket & Industrial business segments, and serving as board lead with executive oversight of the company’s four largest joint ventures. He previously served as Senior Vice President and President – Global Truck, with P&L responsibility, and before that as President – Americas, managing multiple businesses as leader of North and South America. Prior to its acquisition by Cummins Inc. in August 2022, Meritor had global sales of approximately $4 billion and traded on the NYSE. Mr. Villavarayan currently serves as a Director on the Board of Franklin Electric and Focus: HOPE, a Detroit-based non-profit organization. He earned his bachelor’s degree of civil engineering at McMaster University and completed the Wharton Executive Education Advanced Finance Program.