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Alcoa Names Sigurdsson President, European Region and Global Primary Products Europe

27.12.2011  |  Business Wire


Alcoa (NYSE:AA) announced today that Tómas Már Sigurdsson, Managing
Director Alcoa Fjardaál, is appointed President, European Region and
Alcoa Global Primary Products (GPP) Europe effective January 1, 2012.
Sigurdsson succeeds Marcos Ramos who has assumed new responsibilities as
President of GPP in Latin America and the Caribbean. Sigurdsson′s
successor will be announced at a later date.


As European Regional President, Sigurdsson will be responsible for
coordinating the activities of all of Alcoa′s nearly 50 locations
throughout Europe, reporting to Chris Ayers, Alcoa Executive Vice
President and President, Alcoa Global Primary Products, who is
overseeing Europe as a member of Alcoa′s Executive Council. In his role
as head of GPP Europe, Sigurdsson will report to GPP Chief Operating
Officer Bill Oplinger and will have direct accountability for Alcoa′s
smelters and refinery in Iceland, Italy, Norway and Spain.


'As a fully integrated aluminum company in Europe, representing and
coordinating Alcoa′s wide array of Primary, Rolling and downstream
businesses is an important role. Tomas is the ideal leader to take on
that vital task,? said Klaus Kleinfeld, Alcoa Chairman and CEO.


'Tómas brings to our European Primary business solid operational
experience having been responsible for the start-up and current ongoing
operations of the Fjardaál smelting facility in Reydarfjordur, Iceland ?
the largest and newest smelter in the Alcoa system,? said Ayers. 'He has
driven improvement across the operation and proved to be a vital force
in the community.?


Sigurdsson joined Alcoa in March 2004 from Nordurál, a primary aluminum
manufacturer in Iceland, where he held various management positions
since 1997. Early in his career he was an engineer/project manager for
Hönnun Ltd. Consulting Engineers and the Icelandic Public Road
Administration. A graduate of the University of Iceland, Reykjavík,
Sigurdsson has a bachelor′s degree in Civil and Environmental
Engineering and a master′s degree in Development Planning in 1995 from
Cornell University, in the United States.

About Alcoa


Alcoa is the world′s leading producer of primary and fabricated
aluminum, as well as the world′s largest miner of bauxite and refiner of
alumina. In addition to inventing the modern-day aluminum industry,
Alcoa innovation has been behind major milestones in the aerospace,
automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa ? wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa′s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for 10 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.


Alcoa

Investor Contact

Kelly Pasterick, 212-836-2674

or

Media
Contact

Michael E. Belwood, 812-604-0530


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