Ken Giacobbe Named Chief Financial Officer of Alcoa Engineered Products and Solutions
Alcoa (NYSE:AA) announced today that Ken Giacobbe has been named Chief
Financial Officer of its Engineered Products and Solutions (EPS)
business group, effective immediately.
Ken Giacobbe, Chief Financial Officer, Alcoa Engineered Products and Solutions (Photo: Business Wire)
Giacobbe has served as Controller of Alcoa Engineered Products and
Solutions since 2011. In his new role, Giacobbe will have financial
responsibility for the EPS business, which includes Alcoa Power and
Propulsion, Alcoa Fastening Systems, Alcoa Forgings and Extrusions,
Alcoa Wheel and Transportation Products, and Building and Construction
Systems. EPS had 2012 revenues of $5.5 billion and employs approximately
22,000 people in 17 countries.
Giacobbe also will serve on Alcoa′s Executive Council, the senior
leadership team that sets strategic direction for the company.
'Ken has held positions of increasing responsibility in Finance at the
company, most recently as EPS′ Group Controller where he helped the
Group achieve record results,? said Olivier Jarrault, Executive Vice
President and Group President, Engineered Products and Solutions. 'His
global experience combined with his demonstrated focus on execution will
be key to EPS′ global revenue growth and its continued year-over-year
financial performance improvement.?
Giacobbe joined Alcoa in 2004 as Vice President of Finance for Global
Extruded Products, part of Alcoa Forgings and Extrusions. After that, he
was Vice President of Finance for Building and Construction Systems, and
Group Controller for EPS.
Earlier in his career, Giacobbe held Senior Finance roles at Avaya and
Lucent Technologies, among others. He earned a Bachelor′s Degree in
Economics from the State University of New York at Oneonta and an MBA
from the University of South Florida.
Giacobbe will be based in Cranberry Township, Pennsylvania, with the EPS
Finance Team. His successor will be named shortly, and will report to
him.
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 30
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
