STOCK TITAN

Alcoa Announces Investor Relations Leadership Transition

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management

Alcoa (NYSE: AA, ASX: AAI) has announced a leadership transition in its Investor Relations department. Louis Langlois, currently senior vice president and treasurer, will assume the role of senior vice president, Treasury and Capital Markets, effective September 1, 2024. He will take over the investor relations and pension investment functions from Jim Dwyer, who is retiring after more than 30 years of service.

Mr. Langlois will continue to report to Molly Beerman, Executive Vice President and Chief Financial Officer. As part of the transition, Yolande Doctor will become director of Investor Relations, managing day-to-day relationships with the investor community. Mr. Langlois brings extensive financial management experience and a thorough understanding of Alcoa's business to his new role.

Alcoa (NYSE: AA, ASX: AAI) ha annunciato una transizione nella leadership del suo dipartimento delle Relazioni con gli Investitori. Louis Langlois, attualmente vicepresidente senior e tesoriere, assumerà il ruolo di vicepresidente senior, Tesoreria e Mercati dei Capitali, a partire dal 1 settembre 2024. Egli subentrerà nelle funzioni di relazioni con gli investitori e di investimento pensionistico da Jim Dwyer, che si ritira dopo oltre 30 anni di servizio.

Il Sig. Langlois continuerà a riferire a Molly Beerman, Vicepresidente Esecutivo e Direttore Finanziario. Come parte della transizione, Yolande Doctor diventerà direttore delle Relazioni con gli Investitori, gestendo le relazioni quotidiane con la comunità degli investitori. Il Sig. Langlois porta con sé una vasta esperienza nella gestione finanziaria e una profonda comprensione del business di Alcoa nel suo nuovo ruolo.

Alcoa (NYSE: AA, ASX: AAI) ha anunciado una transición en el liderazgo de su departamento de Relaciones con los Inversores. Louis Langlois, actualmente vicepresidente senior y tesorero, asumirá el cargo de vicepresidente senior, Tesorería y Mercados de Capitales, a partir del 1 de septiembre de 2024. Tomará las funciones de relaciones con los inversores y de inversiones de pensiones de Jim Dwyer, quien se retira después de más de 30 años de servicio.

El Sr. Langlois seguirá reportando a Molly Beerman, Vicepresidenta Ejecutiva y Directora Financiera. Como parte de la transición, Yolande Doctor se convertirá en directora de Relaciones con los Inversores, gestionando las relaciones diarias con la comunidad inversora. El Sr. Langlois aporta una gran experiencia en gestión financiera y un profundo conocimiento del negocio de Alcoa a su nuevo puesto.

Alcoa (NYSE: AA, ASX: AAI)는 투자자 관계 부서에서 리더십 전환을 발표했습니다. 현재 수석 부사장 겸 재무 담당자인 Louis Langlois2024년 9월 1일부로 수석 부사장, 재무 및 자본 시장 역할을 맡게 됩니다. 그는 30년 이상 근무한 Jim Dwyer로부터 투자자 관계 및 연금 투자 업무를 인수합니다.

Langlois 씨는 계속해서 Molly Beerman 부회장 겸 최고 재무 책임자에게 보고할 것입니다. 전환 과정의 일환으로 Yolande Doctor가 투자자 관계 담당 이사가 되어 투자자 커뮤니티와의 일상적인 관계를 관리하게 됩니다. Langlois 씨는 풍부한 재무 관리 경험과 Alcoa 비즈니스에 대한 깊은 이해를 바탕으로 새로운 역할을 수행합니다.

Alcoa (NYSE: AA, ASX: AAI) a annoncé une transition à la tête de son département des Relations avec les Investisseurs. Louis Langlois, actuellement vice-président senior et trésorier, assumera le rôle de vice-président senior, Trésorerie et Marchés des Capitaux, à compter du 1er septembre 2024. Il prendra en charge les fonctions de relations avec les investisseurs et d'investissement des retraites de Jim Dwyer, qui part à la retraite après plus de 30 ans de service.

M. Langlois continuera à rendre compte à Molly Beerman, vice-présidente exécutive et directrice financière. Dans le cadre de cette transition, Yolande Doctor deviendra directrice des Relations avec les Investisseurs, gérant les relations quotidiennes avec la communauté des investisseurs. M. Langlois apporte une vaste expérience en gestion financière et une compréhension approfondie de l'activité d'Alcoa à son nouveau poste.

Alcoa (NYSE: AA, ASX: AAI) hat einen Wechsel in der Führung seines Investor Relations-Departments angekündigt. Louis Langlois, derzeit Senior Vice President und Schatzmeister, wird ab dem 1. September 2024 die Rolle des Senior Vice President für Treasury und Kapitalmärkte übernehmen. Er wird die Funktionen der Investor Relations und der Pensionsinvestitionen von Jim Dwyer übernehmen, der nach über 30 Jahren im Dienst in den Ruhestand geht.

Herr Langlois wird weiterhin an Molly Beerman, Executive Vice President und Chief Financial Officer, berichten. Im Rahmen des Übergangs wird Yolande Doctor die Direktorin für Investor Relations und somit die täglichen Beziehungen zur Investoren-Community leiten. Herr Langlois bringt umfangreiche Erfahrungen im Finanzmanagement sowie ein tiefes Verständnis des Geschäfts von Alcoa in seine neue Rolle ein.

Positive
  • Louis Langlois brings extensive financial management experience to the Investor Relations role
  • Yolande Doctor's promotion to director of Investor Relations ensures continuity in investor relationships
  • The transition plan allows for a smooth handover of responsibilities
Negative
  • Retirement of Jim Dwyer after 30 years may result in loss of institutional knowledge

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA, ASX: AAI) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company’s investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr. Langlois is currently senior vice president and treasurer. He will continue to report to Executive Vice President and Chief Financial Officer Molly Beerman.

“Louis will extend the strong relationships he currently has with our banks, advisors and rating agencies to our investors, as well as maintain the transparency and openness that Alcoa prides itself on,” said Ms. Beerman. “Louis has extensive financial management experience, and a thorough understanding of Alcoa’s business, which will benefit our current and potential shareholders.”

Beerman continued, “Jim has had more than three decades of exemplary service with Alcoa, including leading our investor relations team for the last eight years. He stood up the investor relations function for Alcoa Corporation after our separation from Alcoa Inc. in 2016. He has also guided our pension investments function for the last four years. On behalf of the leadership and employees of Alcoa, I want to extend our sincere appreciation and gratitude to Jim for his dedication to Alcoa.”

As part of the transition, Yolande Doctor, currently senior manager, Investor Relations, will become director, Investor Relations, with responsibility for day-to-day management of Alcoa’s investor community relationships.

In addition to serving as Alcoa’s Treasurer where he manages treasury operations, liquidity, risk management, and corporate finance initiatives, Mr. Langlois has held several finance leadership positions in tax, strategy, operations, and government relations with Alcoa. He brings a wealth of experience from prior roles at Bell Canada, Deloitte and Arthur Andersen, where he worked in various tax leadership roles supporting corporate restructuring and M&A transactions.

Mr. Langlois is a certified public accountant and holds both a Bachelor of Commerce and Postgraduate Degree in Public Accounting from Trois-Rivieres University, Quebec.

About Alcoa Corporation

Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater efficiency, safety, sustainability and stronger communities wherever we operate.

Forward-Looking Statements

This press release contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as “aim,” “ambition,” “anticipates,” “believes,” “could,” “develop,” “endeavors,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “outlook,” “plans,” “potential,” “projects,” “reach,” “seeks,” “sees,” “should,” “targets,” “will,” “working,” “would,” or other words of similar meaning. All statements by Alcoa Corporation that reflect expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and changes in circumstances that are difficult to predict. Although Alcoa Corporation believes that the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that these expectations will be attained, and it is possible that actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Alcoa Corporation’s filings with the Securities and Exchange Commission. Alcoa Corporation disclaims any obligation to update publicly any forward-looking statements, whether in response to new information, future events or otherwise, except as required by applicable law.

Investor Contact:

Jim Dwyer

412-992-5450

James.Dwyer@alcoa.com

Media Contact:

Courtney Boone

412-527-9792

Courtney.Boone@alcoa.com

Source: Alcoa

FAQ

When will Louis Langlois assume the new role at Alcoa (AA)?

Louis Langlois will assume the role of senior vice president, Treasury and Capital Markets at Alcoa (AA) effective September 1, 2024.

Who is retiring from Alcoa's (AA) Investor Relations department?

Jim Dwyer, vice president of Investor Relations and Pension Investments, is retiring from Alcoa (AA) after more than 30 years of service.

What is Yolande Doctor's new position at Alcoa (AA)?

Yolande Doctor will become director of Investor Relations at Alcoa (AA), responsible for day-to-day management of investor community relationships.

What are Louis Langlois' qualifications for the new role at Alcoa (AA)?

Louis Langlois is a certified public accountant with extensive experience in treasury operations, finance leadership, and corporate restructuring. He holds a Bachelor of Commerce and Postgraduate Degree in Public Accounting.

Alcoa Corporation

NYSE:AA

AA Rankings

AA Latest News

AA Stock Data

9.76B
256.40M
0.76%
75.87%
3.4%
Aluminum
Primary Production of Aluminum
Link
United States of America
PITTSBURGH