William F. Oplinger Named Alcoa Chief Financial Officer Effective April 1, 2013, Succeeding Charles D. McLane, Jr., Who Will Retire After 40 Years With Company
Robert Wilt To Succeed Oplinger As COO Of Global Primary Products
Alcoa (NYSE:AA) announced today that William F. Oplinger, 45, will
become Chief Financial Officer effective April 1, 2013, succeeding
Charles D. McLane, Jr., 59, who plans to retire after a 40-year career
with the company.
William F. (Bill) Oplinger will become Chief Financial Officer for Alcoa, effective April 2013. He succeeds Chuck McLane, who is retiring. (Photo: Business Wire)
'Chuck McLane has been vital to Alcoa′s success during one of the most
challenging periods in the company′s history,? said Klaus Kleinfeld,
Alcoa Chairman and Chief Executive Officer. 'It is not easy to replace
someone who has been a giant figure at Alcoa and in the aluminum
industry for decades. But with his deep experience, wide-ranging
business knowledge and excellent judgment, Bill Oplinger is uniquely
qualified. He shares Chuck′s commitment to transparency and the highest
standards of financial management, and he has established himself as a
respected business leader among his peers.?
Oplinger has been Chief Operating Officer of Alcoa′s Global Primary
Products business unit since December 2011. He also serves on Alcoa′s
Executive Council, the senior leadership team that sets strategic
direction for the company. Since joining Alcoa in 2000, Oplinger has
held key corporate positions in Financial Analysis and Planning and as
Director of Investor Relations. He also has had major assignments in
Alcoa′s largest business, Global Primary Products, including Controller,
Operational Excellence Director, Chief Financial Officer and Chief
Operating Officer.
Earlier in his career, Oplinger held engineering, customer services and
business planning positions with Westinghouse and Emerson Electric.
Oplinger earned a Bachelor′s Degree in Industrial Engineering from
Virginia Polytechnic Institute and a Master′s Degree in Industrial
Administration from Carnegie Mellon University.
McLane has been Executive Vice President and CFO since September 2007.
He joined Alcoa in 2000 as Director of Investor Relations following
Alcoa's acquisition of Reynolds Metals Company. He held a series of
financial assignments at Reynolds including Assistant Treasurer and
Assistant Controller for the company. He also served as director of
finance and administration for Reynolds' Global Can business unit. He
joined Reynolds in 1973.
Robert Wilt, 45, will succeed Oplinger as Chief Operating Officer of
Global Primary Products (GPP) and will also serve on Alcoa′s Executive
Council. Currently President of Alcoa′s U.S. Primary Products business,
Wilt joined Alcoa in 1999 as Superintendent at the company′s U.S. Metals
operations in Alcoa, TN. He became Plant Manager at Alcoa′s Wenatchee,
WA, smelting facility in 2001, then served as Vice President of Energy
Development and Vice President of Operational Excellence for GPP before
being named to his present position in 2009. Prior to joining Alcoa,
Wilt served as a United States Army officer. He was also a Senior
Consultant to the Atlanta Olympics Committee. Wilt earned a Bachelor′s
Degree in Engineering Management from the United States Military Academy
at West Point and a Master′s Degree in Business Administration from
Harvard University.
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 125 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 11 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 61,000 people in 31
countries across the world. For more information, visit www.alcoa.com
and follow @Alcoa on Twitter
at twitter.com/Alcoa.
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Alcoa
Investor Contact
Kelly Pasterick, 212-836-2674
or
Media
Contact
Monica Orbe, 212-836-2632
