News
November 13,2008
Patricia F. Russo Appointed to Alcoa Board of Directors
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its board of directors has appointed Patricia F. Russo, 56, a director of the company effective immediately. Ms. Russo is the former chief executive officer of Alcatel-Lucent, the world's leading communication solutions provider formed in 2006 by the merger of Alcatel in France and Lucent in the U.S. Prior to the combination of Alcatel and Lucent, she was Chairman and Chief Executive Officer of Lucent. She will stand for re-election at the next shareholders meeting in May 2009.
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June 25,2008
Alcoa Chairman Alain Belda Elected to IBM Board of Directors
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Alcoa Chairman Alain Belda was elected to the IBM board of directors, effective July 29, 2008.
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May 8,2008
Alcoa Board Elects Klaus Kleinfeld President and CEO
PITTSBURGH--(BUSINESS WIRE)--Alcoa's Board of Directors has elected Klaus Kleinfeld, 50, President and Chief Executive Officer of the Company. He succeeds Alain Belda, 64, as CEO. Mr. Belda will continue as Chairman of the Board.
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May 1,2008
Mike Schell to Join Alcoa as Exec VP - Business Development and Law
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that J. Michael (“Mike”) Schell will join Alcoa as Executive Vice President – Business Development and Law. Schell will assume responsibility for all of Alcoa’s corporate development and legal matters.
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January 18, 2008
Alcoa Appoints Two New Directors; Stan O'Neal and Michael G. Morris to Join Company Board of Directors
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that the board of directors has appointed Stan O’Neal, 56, former chairman and CEO of Merrill Lynch, and Michael G. Morris, 60, Chairman, President and CEO of American Electric Power Company,one of the largest electric utilities in the United States, to its board of directors. The appointments are effective immediately.
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August 15, 2007
Klaus Kleinfeld Elected Alcoa President and Chief Operating Officer
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Klaus Kleinfeld has been elected president and chief operating officer by the company’s Board of Directors. Mr. Kleinfeld, 49, served most recently as President and Chief Executive Officer of Siemens AG, a global electronics and industrial conglomerate. At Alcoa, he will have full responsibility for all operating activities of the company. Mr. Kleinfeld has been on Alcoa’s Board of Directors since 2003 and will retain his position on the Board. He will be based in New York and take over his responsibilities on October 1, 2007.
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February 16, 2007
Alcoa Appoints Ratan Tata, Chairman of Tata Sons Ltd. of India, To Board of Directors
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today Ratan N. Tata, Chairman of Tata Sons Ltd., has been appointed a director of the company to fill a vacancy on the board. Tata Sons is the holding company of the Tata Group, India’s largest private sector conglomerate. There are now 11 directors on Alcoa’s board.
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October 4, 2006
Alcoa Receives Top Marks in Corporate Governance and Ethics
NEW YORK--October 4, 2006--(BUSINESS WIRE)--Alcoa (NYSE:AA) received top rankings on its corporate governance practices and ethical reputation by two major rating agencies.
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March 21, 2006
Alcoa Ranked Among Top Companies on Climate Change and Governance by Leading Environmental Group; Alcoa #2 in the US
NEW YORK--(BUSINESS WIRE)--March 21, 2006--Alcoa (NYSE:AA) announced today that CERES, the largest coalition of investors, environmental and public interest organizations in North America, ranked Alcoa second among U.S. companies in its Report on Corporate Governance and Climate Change.
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January 17, 2006
Alcoa Recognized as Worldwide Leader in Ethical Covalence Rankings
PITTSBURGH--(BUSINESS WIRE)--Jan. 17, 2006--Alcoa (NYSE:AA) announced today that it was pleased to be selected as one of the top 10 leading multinational companies in the 2005 Covalence Ethical Ranking, a barometer of how multinationals are perceived in the ethics field.
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September 15, 2005
Alcoa Receives Highest Ranking on Corporate Governance
PITTSBURGH--(BUSINESS WIRE)--Sept. 15, 2005--Alcoa (NYSE:AA) announced today that it received a 10 rating - the highest rating available for corporate governance -- by Governance Metrics International (GMI), the world's first corporate governance ratings agency. Only 33 worldwide companies of 3,200 companies evaluated received the top ranking.
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June 21, 2005
Alcoa Appoints James Owens, Chairman and CEO of Caterpillar Inc. to Board of Directors
PITTSBURGH--(BUSINESS WIRE)--June 21, 2005--Alcoa (NYSE:AA) announced today that James W. Owens, 59, Chairman and Chief Executive Officer of Caterpillar Inc., has been appointed to Alcoa's board of directors to fill a vacancy on the board. There are now 10 directors on Alcoa's board.
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September 15, 2003
Alcoa Appoints Klaus Kleinfeld to Board of Directors
PITTSBURGH--(BUSINESS WIRE)--Sept. 15, 2003--The Board of Directors of Alcoa Inc. (NYSE:AA) today increased the number of directors to eleven and appointed Klaus Kleinfeld as a director, effective November 14, 2003. Mr. Kleinfeld, 45, is president and chief executive officer of Siemens Corporation, the U.S. arm of Siemens AG, the global electronics and industrial conglomerate. With 70,000 employees in all 50 states, Siemens US consists of a broad range of industrial and infrastructure businesses and represents about 25 percent of Siemens' sales worldwide.
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September 12, 2003
Alcoa Announces Dividend; Will Submit Future Severance Agreements for Shareholder Approval
The Board of Directors of Alcoa (NYSE:AA) today declared (a) a quarterly common stock dividend of 15 cents per share payable November 25, 2003 to shareholders of record at the close of business on November 7, 2003 and (b) a quarterly dividend of 93.75 cents per share on Alcoa's $3.75 cumulative preferred stock payable January 1, 2004 to shareholders of record at the close of business on December 12, 2003. Alcoa has paid a quarterly dividend on its common stock for more than 60 years.
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February 28, 2003
Alcoa Continues To Limit Use of Independent Accounting Firm; Did Not Pay For Any Non-Audit Related Services in 2002
Alcoa today announced that, consistent with the company's corporate governance guidelines, it continued to strictly limit the non-audit work of its independent accounting firm, PricewaterhouseCoopers (PWC), in 2002.
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April 23, 2002
Alcoa Board Creates Public Issues Committee; Committee, Chaired by Dr. Judith Gueron, to Oversee Alcoa's Environmental and Social Responsibility Performance
Alcoa Board Creates Public Issues Committee; Committee, Chaired by Dr. Judith Gueron, to Oversee Alcoa's Environmental and Social Responsibility Performance
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April 19, 2002
Alcoa's Board Formalizes Limited Use of Independent Accounting Firm
Alcoa's Board Formalizes Limited Use of Independent Accounting Firm
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