Alcoa announces new Chief Commercial Officer

Rhea-AI Summary

Alcoa Corporation (NYSE: AA) has named Renato Bacchi as Executive Vice President and Chief Commercial Officer, effective August 1, 2023. Bacchi will lead the Company’s sales and trading, marketing, supply chain, commercial operations, procurement, and transportation. He will continue to supervise Alcoa’s global energy assets and oversee Alcoa’s breakthrough technology programs. The current Chief Commercial Officer, Kelly Thomas, will leave to pursue a career opportunity outside of Alcoa. Alcoa President and CEO Roy Harvey expressed confidence in Bacchi's strategic view of global energy markets and focus on the long-term vision to reinvent the aluminum industry through research and development programs.

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA) today announced that it has named Renato Bacchi as Executive Vice President and Chief Commercial Officer, effective August 1, 2023. The company’s current Chief Commercial Officer, Kelly Thomas, will leave to pursue a career opportunity outside of Alcoa.

Bacchi will lead the Company’s sales and trading, marketing, supply chain, commercial operations, procurement, and transportation. He previously served as Chief Strategy & Innovation Officer. He will continue to supervise Alcoa’s global energy assets and oversee Alcoa’s breakthrough technology programs.

“We will miss Kelly’s strong leadership, and we will build on the work that she accomplished with the signing of numerous supply contracts, including for our Sustana^TM suite of products,” said Alcoa President and CEO Roy Harvey. “As Renato steps into his new role, he brings a wealth of experience and expertise, including his strategic view of our global energy markets and a focus on our long-term vision to reinvent the aluminum industry through our research and development programs.”

Bacchi first joined Alcoa in 1997 in São Paulo, Brazil. He graduated from São Paulo University in 2000, with a degree in Electrical Engineering, and earned a Master of Business Administration degree from IbMec University (Brazil) in 2004. In 2010, he received the Chartered Financial Analyst designation from CFA Institute. In 2019, Renato completed an Advanced Management Program at Harvard University.

About Alcoa Corp.

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.

Dissemination of Company Information

Alcoa Corporation intends to make future announcements regarding company developments and financial performance through its website at www.alcoa.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls and webcasts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230725550080/en/

Investor Contact:

James Dwyer

412-992-5450

James.Dwyer@alcoa.com

Media Contact:

Jim Beck

412-315-2909

Jim.Beck@alcoa.com

Source: Alcoa

FAQ

What is the name of the new Executive Vice President and Chief Commercial Officer at Alcoa Corporation (NYSE: AA)?

Renato Bacchi has been named as the new Executive Vice President and Chief Commercial Officer at Alcoa Corporation (NYSE: AA).

When will Renato Bacchi assume his new role at Alcoa Corporation (NYSE: AA)?

Renato Bacchi will assume his new role as Executive Vice President and Chief Commercial Officer at Alcoa Corporation (NYSE: AA) effective August 1, 2023.

What responsibilities will Renato Bacchi have in his new role at Alcoa Corporation (NYSE: AA)?

Renato Bacchi will lead the Company’s sales and trading, marketing, supply chain, commercial operations, procurement, and transportation, as well as supervise Alcoa’s global energy assets and oversee Alcoa’s breakthrough technology programs.

What are Renato Bacchi's qualifications?

Renato Bacchi joined Alcoa in 1997, graduated from São Paulo University in 2000 with a degree in Electrical Engineering, earned an MBA from IbMec University in 2004, received the Chartered Financial Analyst designation from CFA Institute in 2010, and completed an Advanced Management Program at Harvard University in 2019.