Tom Wright named interim head of Investor Relations

Rhea-AI Summary

ATI Inc. (NYSE: ATI) has announced that Tom Wright will take over as interim head of investor relations, succeeding Scott Minder, who has left the company for a CFO role elsewhere. Wright, who joined ATI earlier this year, will continue to report to Don Newman, CFO. The company is currently searching for a permanent leader for investor relations. ATI is a global producer of high-performance materials, focusing on aerospace, defense, electronics, and medical applications, with a market capitalization of approximately $3 billion.

Positive

• Tom Wright's appointment as interim head of investor relations may provide continuity in leadership.
• ATI's focus on aerospace and defense aligns with growing market demands.

Negative

• The departure of Scott Minder could lead to uncertainty during the transition period.

Takes over responsibility from Scott Minder, who is leaving to pursue other opportunities

DALLAS, Aug. 10, 2022 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced today that Tom Wright will assume interim responsibility for investor relations in addition to his current role as vice president, financial planning and analysis. Wright, who joined ATI earlier this year to lead corporate financial planning and analysis, will continue to report to Don Newman, executive vice president and chief financial officer.

Wright takes over responsibility from Scott Minder, who is leaving ATI to become chief financial officer with a leading public company. "Scott has been instrumental in connecting the investment community to our strategy of becoming an aerospace and defense leader and helping to improve ATI's capital structure, a key component of positioning ATI for growth," said Newman. "We appreciate his contributions and wish him much success in his new role."

ATI is working to identify a permanent investor relations leader.

ATI: Proven to Perform.

ATI (NYSE: ATI) is a $3 billion global producer of high performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere. Learn more at ATImaterials.com.

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SOURCE ATI

FAQ

Who is the new interim head of investor relations at ATI?

Tom Wright has been named the interim head of investor relations at ATI.

Why did Scott Minder leave ATI?

Scott Minder left ATI to become chief financial officer at a leading public company.

What is ATI's market capitalization?

ATI's market capitalization is approximately $3 billion.

What sectors does ATI focus on?

ATI produces high-performance materials for the aerospace, defense, electronics, and medical sectors.