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.
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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.
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Investor Contact: James Dwyer 412-992-5450
James.Dwyer@alcoa.com
Media Contact: Jim Beck 412-315-2909
James.Beck@alcoa.com
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