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PITTSBURGH--September 10, 1998--
Alcoa announced today that Alain J. P. Belda, 55, president and chief
operating officer of Alcoa, has been elected to the company's Board of
Mr. Belda is in line to succeed Paul O'Neill as chairman of Alcoa when
Mr. O'Neill retires in December 2000.
Biographical information on Alain Belda:
Mr. Belda, as president and chief operating officer of Alcoa, has
responsibility for all operating activities of the company. He was named
to his present position in January 1997. He had been vice chairman of
Alcoa, responsible for most of Alcoa's business units.
Mr. Belda joined Alcoa in 1969 at Alcoa Aluminio, Alcoa's majority owned
Brazilian affiliate. He held a number of financial and planning
positions there until being named president of Alcoa Aluminio in 1979.
In 1982, Mr. Belda was elected a vice president of Alcoa. In 1989, he
took on the additional responsibility as vice president of Latin
America, and subsequently, he became president - Latin America and
president of Alcoa Aluminio. Mr. Belda moved to Pittsburgh in 1994 when
he was named executive vice president. He was elected vice chairman in
He is a member of the Board of Directors of Citigroup and Coopers
Mr. Belda was born in Meknes, French Morocco and became a Brazilian
citizen in 1982. He studied in Brazil and Canada and graduated from
MacKenzie University with a degree in business administration.