Dunn-Edwards Corporation Announces Leadership Transition with New CEO Appointment

Leadership Transition at Dunn-Edwards Corporation

Dunn-Edwards Corporation has made headlines with the announcement of its CEO Karl Altergott's retirement, effective February 2025. Taking over the reins will be Monte Lewis, the current Chief Operating Officer, starting March 1, 2025. This news marks a significant chapter for Dunn-Edwards, which has long been a staple in the architectural paint and coatings industry.

Karl Altergott has served as President and CEO since 2006, and his retirement will conclude a remarkable 16-year tenure during which he made substantial contributions to the company's growth and innovation. Under his leadership, Dunn-Edwards saw the establishment of a state-of-the-art manufacturing facility and the opening of 75 new stores, helping to fortify its presence across the Southwestern United States. Moreover, he played a crucial role in transitioning Dunn-Edwards into a subsidiary of Nippon Paint, a significant strategic move that has positioned the company for further international expansion.

As Altergott steps down, he leaves behind a legacy of accomplishment and a competent leadership team. He plans to remain engaged with the parent company Nippon Paint in an advisory role, providing his vast expertise and insights to support their global initiatives.

Monte Lewis, the incoming CEO, has been with Dunn-Edwards for nearly 16 years, previously heading the sales organization before his promotion to COO in early 2024. His appointment comes with the endorsement of both the Dunn-Edwards Board of Directors and the Co-Presidents of Nippon Paint, who have expressed strong confidence in his ability to lead the brand into its next phase of growth.

In a statement regarding his new role, Lewis expressed gratitude for the opportunity and acknowledged the solid foundation that Altergott has built over the years. He stated, "I am honored to take on the leadership of Dunn-Edwards, a company deeply committed to serving our customers, communities, and industry. We will build upon Karl's legacy while focusing on expanding into new geographic and product markets."

In addition to Lewis's promotion, Dunn-Edwards announced the elevation of Nick Hess to Executive Vice President. With over two decades of experience leading the Dunn-Edwards stores team, Hess’s new role on the executive team will bolster the company's strategy in the retail space, ensuring the brand remains competitive in an evolving market.

The timing of these leadership changes is particularly significant, as Dunn-Edwards approaches its centennial anniversary in 2025. The company has long been a respected name in the paint industry, known for its commitment to quality and sustainability, operating over 170 stores across several states and maintaining a strong presence in both domestic and international markets.

As the company transitions into a new era under leadership, it will continue to prioritize innovation and customer satisfaction, ensuring Dunn-Edwards remains a key player in the coatings industry. For more details on the company’s developments and its historical legacy, visit Dunn-Edwards' official website.