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Alcoa Congratulates Paul O'Neill on Nomination as US Secretary of the Treasury PITTSBURGH--December 20, 2000--
Alcoa today welcomed the decision by President-elect George W. Bush to
nominate outgoing Alcoa Chairman and former-CEO Paul H. O'Neill as the
next Secretary of the Treasury of the United States.
"We congratulate Paul and wish him the best in his future role as head
of the Department of the Treasury," said Alcoa CEO Alain Belda. "His
uncompromising integrity and profound intellect will serve the country
well. As a businessman his commitment to fiscal responsibility and
sustaining profitable growth has always gone hand-in-hand with his
deep-seated devotion to social and environmental responsibility. The
American people have gained a valued and committed public servant."
During his tenure at Alcoa, Mr. O'Neill oversaw a period of
unprecedented and extraordinary growth for the company. Mr. O'Neill
institutionalized Alcoa's core values of protecting the health and
safety of its workers and the well-being of the environment in which