STOCK TITAN

Howmet Aerospace Announces Leadership Appointment

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Howmet Aerospace (NYSE:HWM) announced that Vagner Finelli will join as President of Howmet Fastening Systems effective May 1, 2023. Vagner will oversee global operations of HFS and report to John Plant, CEO. He previously served as President and CEO at Sigma Engineered Solutions, focusing on metal castings and stampings across various industries. Vagner's experience includes leadership roles at Precision Castparts and Lear Corporation, where he progressed through multiple management positions. He holds a Bachelor's in Mechanical Engineering from São Paulo State University and an MBA from Michigan State University.

Howmet Aerospace is a leading provider of advanced solutions for aerospace, offering jet engine components and fastening systems that enhance performance and reduce carbon footprints with nearly 1,150 patents.

Positive
  • Vagner Finelli's appointment as President of HFS brings leadership experience from Sigma Engineered Solutions and Precision Castparts, potentially enhancing operational efficiency.
  • Howmet's focus on innovative aerospace solutions aligns with industry trends towards fuel efficiency and lower emissions, which may drive growth.
Negative
  • None.

PITTSBURGH--(BUSINESS WIRE)-- Effective May 1, 2023, Vagner Finelli will join Howmet Aerospace (NYSE:HWM) as President, Howmet Fastening Systems (HFS). In this role, Vagner will have responsibility for all HFS employees and locations globally. Vagner will be based in Torrance, CA, and will report directly to John Plant, Executive Chairman and Chief Executive Officer.

Vagner was most recently with Sigma Engineered Solutions as President and CEO. Sigma is a global manufacturer of complex metal castings and stampings, serving multiple industries including fluid motion and controls, aerospace, automotive, and medical. Prior to Sigma, he worked for Precision Castparts as President of different divisions including Engineered Products, Fasteners, Forgings, Aerostructures, and Industrial Products. He also worked for the automotive industry including Lear Corporation for 14 years in roles of increased responsibility from Plant Manager up to Managing Director of the South America region. During his tenure at Lear Corporation, he worked in different areas including Operations, Engineering, Program Management, Sales, and Supply Chain. Before joining Lear, he held various positions in manufacturing and supply chain management for Textron and Unilever.

Vagner holds a Bachelor’s degree in Mechanical Engineering from São Paulo State University and a Master’s degree in Business Administration from Michigan State University, with honors from the Beta Gamma Sigma Society.

About Howmet Aerospace

Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Company’s primary businesses focus on jet engine components, aerospace fastening systems, and airframe structural components necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged aluminum wheels for commercial transportation. With nearly 1,150 granted and pending patents, the Company’s differentiated technologies enable lighter, more fuel-efficient aircraft and commercial trucks to operate with a lower carbon footprint. For more information, visit www.howmet.com. Follow: LinkedIn, Twitter, Instagram, Facebook, and YouTube.

Dissemination of Company Information

Howmet Aerospace intends to make future announcements regarding Company developments and financial performance through its website at www.howmet.com.

Investor Contact

Paul T. Luther

(412) 553-1950

Paul.Luther@howmet.com



Media Contact

Rob Morrison

(412) 553-2666

Rob.Morrison@howmet.com

Source: Howmet Aerospace Inc.

FAQ

Who is Vagner Finelli and what is his role at Howmet Aerospace?

Vagner Finelli is the new President of Howmet Fastening Systems, effective May 1, 2023, responsible for overseeing global operations.

What experience does Vagner Finelli have prior to joining Howmet Aerospace?

Vagner Finelli has prior experience as President and CEO at Sigma Engineered Solutions and held various leadership positions at Precision Castparts and Lear Corporation.

When did Vagner Finelli start his position at Howmet Aerospace?

Vagner Finelli started his position as President of Howmet Fastening Systems on May 1, 2023.

What is the main focus of Howmet Aerospace's business?

Howmet Aerospace focuses on advanced engineered solutions for aerospace and transportation, including jet engine components and aerospace fastening systems.

How many patents does Howmet Aerospace hold?

Howmet Aerospace holds nearly 1,150 granted and pending patents related to its technologies.

Howmet Aerospace Inc.

NYSE:HWM

HWM Rankings

HWM Latest News

HWM Stock Data

44.43B
401.95M
1.06%
92.95%
1.92%
Aerospace & Defense
Rolling Drawing & Extruding of Nonferrous Metals
Link
United States of America
PITTSBURGH