ATI CFO Pat DeCourcy Announces Intention to Retire in 2020
August 06 2019 - 7:15AM
Business Wire
Allegheny Technologies Incorporated (NYSE: ATI) announced today
that Patrick J. DeCourcy, who has served as the Company’s Senior
Vice President, Finance and Chief Financial Officer since 2013,
intends to retire after a successful ATI career. To ensure a smooth
leadership transition, he will remain in his current role until his
successor is appointed and will retire from ATI on March 31, 2020.
ATI is engaged in a robust search process for its next CFO.
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Patrick J. DeCourcy (Photo: Business
Wire)
“Pat has been a steadfast and highly respected member of ATI’s
senior leadership team, contributing significantly to the Company’s
successful navigation of a transformational business period,” said
Robert S. Wetherbee, ATI’s President and Chief Executive Officer.
“On behalf of the entire team, I want to thank Pat for his
leadership and service to ATI. I am confident that Pat’s many
achievements as CFO, including development of a strong financial
team and relentless focus on balance sheet improvements, will
continue to provide a foundation for our strategic initiatives well
into the future. We wish Pat all the best in his upcoming
retirement.”
“It has been an honor and a privilege to serve as CFO for the
past six years. I have enjoyed working with all of the dedicated
ATI team members over my career and I wish the company continued
success,” said DeCourcy.
Creating Value Thru Relentless Innovation™
ATI is a global manufacturer of technically advanced specialty
materials and complex components. ATI revenue was $4.1 billion for
the twelve-month period ended June 30, 2019. Our largest markets
are aerospace & defense, particularly jet engines. We also have
a strong presence in the oil & gas, energy, medical,
automotive, and other industrial markets. ATI is a market leader in
manufacturing differentiated specialty alloys and forgings that
require our unique manufacturing and precision machining
capabilities and our innovative new product development competence.
We are a leader in producing powders for use in next-generation jet
engine forgings and 3D-printed aerospace products. See more at our
website ATImetals.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190806005501/en/
Investor Contact: Scott A. Minder 412-395-2720
scott.minder@atimetals.com
Media Contact: Natalie Gillespie 412-394-2850
natalie.gillespie@atimetals.com
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