Skip to main content
Jul 09, 2024

People moves: Fresh faces and corporate shuffles at Axalta, PepGen and Entain

This week’s IR appointments from the US to South Africa via Europe

Philadelphia-headquartered industrial applications company Axalta Coating Systems has named Colleen Lubic as its new vice president of IR, effectively immediately. Lubic, who joined the firm in 2022 in an FP&A role, succeeds Chris Evans who has been appointed vice president of global strategy within Axalta.

‘Colleen has been a critical partner for the business as she has drawn on her finance, accounting and business advisory roles over the course of her career,’ says Carl Anderson, senior vice president and CFO at the company. ‘Her extensive experience in finance, coupled with strong communication skills, make her an excellent fit for leading our investor relations function.’

Nasdaq-listed biotech company PepGen has appointed Dave Borah as senior vice president of IR and corporate communications. Before stepping into his first IR role in 2021, Borah served as an equity analyst at various investment management firms in Boston. His previous IR tenures include stints at Bicycle Therapeutics and Mural Oncology.

‘Dave’s deep industry insights and experience, including his robust network of investors and analysts, will be crucial for maintaining strong communications and relationships with all stakeholders as we develop innovative drug candidates for people living with neuromuscular disorders,’ says James McArthur, president and CEO of PepGen.

Elsewhere, California-headquartered firm indie Semiconductor has appointed Mark Tyndall as executive vice president of corporate development and IR. Tyndall, who has been working at the firm for nearly three years in a corporate development and M&A advisory role, boasts a career covering similar tenures at other semiconductor and technology firms, including 14 years at Dialog Semiconductor.

‘Since our IPO, we have grown our revenue by a factor of 10 by focusing our product development on the highest growth areas in the automotive landscape,’ says Donald McClymont, indie’s co-founder and CEO, in an official statement. ‘We have multiple significant achievements behind us, but we have no intention of stopping there. Mark’s history of execution on transformational transactions with some of our industry’s largest players, coupled with his enthusiasm for our technology and plans, will be invaluable to us as we push our growth strategy forward.’

In his new role Tyndall is responsible for M&A activities, strategic partnerships and strengthening relationships with the financial community.

Across the Atlantic

Entain’s IR chief and communications officer David Lloyd-Seed has now left the business for ‘a new adventure’. 

After spending more than four years at the London-listed sports betting and gambling company, Lloyd-Seed announced in a LinkedIn post that he has decided to move on. ‘With the business transforming, now is the right time for me to move on to a new adventure,’ he writes. ‘Having managed to recruit some outstanding talent, I am proud to have built a first-class IR and [communications] team and I wish [the team] and all the amazing people at Entain all the very best.’

Who will take over his role, where Lloyd-Seed is headed next or whether he will go down the consultancy route is not yet confirmed, but he says he remains ‘open to opportunities in the fabulous world of IR’.

‘If anyone needs interim support – or indeed something longer term – please do get in contact,’ he writes in the same post to his network.

Elsewhere in Europe, Euronext Paris-listed sustainable mobility firm Ayvens has named Stéphane Marty as head of financial communications and IR, effective August 1.

Marty has spent nearly three decades at Ayvens’ parent company Société Générale covering various roles, including director of IR between 2006 and 2011. He will succeed Béatrice Lan-Shun, who has been appointed deputy CFO at the company, and will report to Patrick Sommelet, deputy CEO and CFO at the firm.

Down south  

Johannesburg-listed packaged goods company Tiger Brands has appointed Barati Mahloele as director of IR and business development, effective August 1.

Mahloele, who has been with the company for two years as director of venture capital before leading the company’s corporate strategy, brings extensive experience gained in her previous finance management and supply chain roles, including nearly eight years at Unilever.

Earlier this year, she was nominated by the Global Corporate Venturing association as one of the Top 50 rising stars in venture capital for 2024. She holds an MBA from the University of Oxford, Saïd Business School and a bachelor of commerce in accounting from the University of KwaZulu-Natal.