Alcoa appoints Matt Reed as EVP and Chief Operations Officer

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Alcoa Corporation (NYSE: AA) appoints Matt Reed as Executive Vice President and Chief Operations Officer, effective January 1, 2024

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA) today announced that it has appointed Matt Reed as Alcoa’s Executive Vice President and Chief Operations Officer, effective January 1, 2024.

Matt Reed, Alcoa Corporation’s new EVP and Chief Operations Officer effective January 1, 2024. (Photo: Business Wire)

Reed, who will be based in Western Australia, will lead Alcoa’s global operations, including bauxite mines, alumina refineries, and aluminum smelters. He will be accountable for operational excellence, focusing on safety, environmental management, productivity, cost management, and long-term strategic planning.

Reed is currently the Vice President of Operations for Australia and serves concurrently as President, Alcoa of Australia. He joined Alcoa in June of 2023.

“Matt is a very strong leader who will help us drive a high-performance culture across our assets,” said Alcoa President and CEO William F. Oplinger. “He is guided by integrity and a passion for building capable and motivated teams. He will build on the work he’s already accomplished, driving increased stability while successfully managing a range of complex initiatives.”

Reed has more than 25 years of experience in the resource sector, including mining and minerals processing. Prior to joining Alcoa, he served as the Operations Executive (Chief Operating Officer) of OZ Minerals, leading assets and projects in Australia and Brazil. Prior to OZ Minerals, Reed was the Executive Managing Director (Chief Operating Officer) of SIMEC Mining, where he had multisite responsibility for commodity exploration, development, and operations in addition to business development and marketing.

Oplinger, who was appointed President and CEO in September of 2023, has maintained the responsibilities associated with his prior role as Chief Operations Officer. Oplinger will continue with those responsibilities until Reed’s appointment on January 1, 2024. Meanwhile, Reed will continue as Vice President Operations, Australia, and President, Alcoa of Australia, until January 31, at which point an interim Vice President Operations for Australia will be appointed. A permanent Vice President Operations for Australia will be named after a competitive search process.

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.

Dissemination of Company Information

Alcoa intends to make future announcements regarding company developments and financial performance through its website, www.alcoa.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls and webcasts. The Company does not incorporate the information contained on, or accessible through, its corporate website into this press release.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231220861728/en/

Investor Contact:

James Dwyer

412-992-5450

James.Dwyer@alcoa.com

Media Contact:

Jim Beck

412-315-2909

James.Beck@alcoa.com

Source: Alcoa

FAQ

Who is the new Executive Vice President and Chief Operations Officer of Alcoa Corporation?

Matt Reed has been appointed as the new Executive Vice President and Chief Operations Officer of Alcoa Corporation, effective January 1, 2024.

What will be Matt Reed's role at Alcoa Corporation?

Matt Reed will lead Alcoa's global operations, including bauxite mines, alumina refineries, and aluminum smelters. He will be accountable for operational excellence, safety, environmental management, productivity, cost management, and long-term strategic planning.

What is the background of Matt Reed?

Matt Reed has over 25 years of experience in the resource sector, including mining and minerals processing. Prior to joining Alcoa, he served as the Operations Executive of OZ Minerals and the Executive Managing Director of SIMEC Mining.

Who is the President and CEO of Alcoa Corporation?

William F. Oplinger is the President and CEO of Alcoa Corporation.