The Impact Coatings board of directors convened on June 18 at ABB Czech Republic headquarters in Prague. We were hosted by board member Tanja Vainio, who is Country Managing Director of ABB Czech Republic and ABB Slovakia. We started at 8:00 a.m. with a thorough review of Impact Coatings’ sales pipeline, current projects scheduled for delivery, and financial performance.

The board decided to contract K2 Search in Linköping, with offices throughout Sweden as well as in Copenhagen and Helsinki, to lead the search process for a permanent CEO.

A brainstorming lunch focused on the company strategy work that the board and management team will complete during the summer, ahead of our next ordinary meeting in mid-August.

During the afternoon, we visited ABB’s nearby robotics facility, where General Manager Robotics Vítězslav Lukáš described ABB’s work in the European automotive sector, which is likewise a key end-market for Impact Coatings. We discussed a range of topics relevant to Impact Coatings, including robotics integration, key success factors in commercial relations with auto OEM’s and Tier 1/2/3 suppliers, and using innovation as a source of differentiation and value.

We thank Tanja, Vítězslav, and the ABB Czech team for an inspiring and productive day!

Mark H. Shay
Chairman of the Board