Dunn-Edwards names new CEO
Dunn-Edwards Corporation has shared news that its longtime CEO, Karl Altergott, is retiring from his role as president and CEO in February 2025 after 16 years with the company. The Dunn-Edwards board of directors and the co-presidents of Nippon Paint have named Chief Operating Officer Monte Lewis as the new CEO, effective March 1, 2025.
Karl Altergott joined Dunn-Edwards in 2009, and the company says it has made many significant advancements throughout his tenure. Under Altergott's leadership, Dunn-Edwards established a new manufacturing facility, completed a new corporate headquarters, expanded 75 new store locations, invested in multiple IT and product development platforms, sold/transitioned Dunn-Edwards as a family-run business to Nippon Paint, and built a leadership team. Altergott plans to continue devoting time to Nippon Paint as an executive advisor.
"Serving as the CEO of Dunn-Edwards has been one of my greatest privileges as the company and the coatings industry is full of great people and customers," said Altergott. "Dunn-Edwards is in great hands with Monte Lewis, and I look forward to watching the brand's continued growth."
Having spent nearly 16 years leading the company's sales organization and exemplifying proven growth and excellence, Lewis was promoted to chief operating officer in February 2024.
Dunn-Edwards is also promoting Nick Hess to executive vice president. Hess has led the Dunn-Edwards Stores team for more than two decades.
"I am grateful for the trust placed in me to lead Dunn-Edwards, a company deeply committed to serving our customers, communities and industry," said Lewis. "I am fortunate to begin this journey on the solid foundation that Karl and his team built over the past 16 years. Looking ahead, we will continue to strengthen our presence in our core markets while expanding into new geographic and product segments, ensuring a thriving future for Dunn-Edwards and the customers we serve."
Dunn-Edwards will celebrate its 100th anniversary in 2025.
