Axiall Corporation announced that William (“Bill”) L. Mansfield has been elected non-executive chairman of the company’s board of directors, effective immediately. Mr. Mansfield has served on the board as an independent director since September 2012 and succeeds Mark L. Noetzel, who served as chairman since January 2010. Mr. Noetzel will continue to serve on the Axiall board as an independent director.

“With his extensive knowledge of the chemicals industry and considerable strategic acumen, Bill Mansfield has been a tremendous asset to the Axiall board and management team since joining us several years ago,” Mr. Noetzel said. “I have been privileged to serve Axiall for six years as chairman, and I am confident that Bill is well-suited to take on the considerable responsibilities and challenges of this important position.”

“I am honored to assume the role of non-executive chairman and look forward to sharing insights and guidance with Tim Mann and the rest of the management team as we continue to take action to aggressively enhance the company’s financial and operational performance and drive value for shareholders,” Mr. Mansfield said. “My fellow directors and I thank Mark for his valuable leadership and vision as Axiall’s chairman over the past six years and are pleased that he will continue to serve on the board.”

Mr. Mansfield has served as an Axiall director since September 2012. He served as the chairman of the board of Valspar Corporation from 2008 until his retirement in 2012. He previously served as chief executive officer of Valspar from February 2005 until his retirement from management in June 2011. Mr. Mansfield joined Valspar in 1984 and held a number of senior positions of increasing responsibility prior to his appointment as CEO. He earned a bachelor’s degree from Drexel University and a master’s degree in business administration from Lehigh University. Mr. Mansfield also serves as a director of Bemis Company, Inc., a leading flexible packaging company and of Triumph Group, a global leader engaged in the design, engineering, manufacture, repair, overhaul, and distribution of aerostructures, aircraft components, accessories, subassemblies and systems.

Mr. Noetzel has served as a director of Axiall and its predecessor company since September 2009 and as the non-executive chairman of the board since January 2010. He was president and CEO of Cilion, Inc., a venture-capital-backed renewable fuel company, from August 2007 to May 2009. Prior to this role, he served in several senior positions at BP plc from 1998 to 2007, including group vice president of global retail, group vice president of B2B fuels and new markets and group vice president of chemicals. Mr. Noetzel earned a bachelor’s degree from Yale University and a master’s of business administration from the Wharton School at the University of Pennsylvania. He is also chairman of the board of directors of Aspen Aerogels, Inc., a manufacturer of aerogel insulation products, and he serves on the board of Siluria Technologies, Inc.

The Axiall board is composed of 10 highly qualified directors, nine of whom are independent, and all of whom are elected annually. All of Axiall’s board members are active, engaged and highly experienced professionals with diverse operations and management experience at the highest levels of both public and private companies. Axiall’s board members bring significant and broad industry expertise across a range of disciplines that are critical to Axiall’s business, particularly in chemicals and consumer and industrial products, including substantial hands-on experience in the chlor-alkali businesses. Since 2012, Axiall has appointed five new directors, each of whom brings a fresh perspective to the board.