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November 15, 2006
Alcoa Names Joseph R. Lucot Vice President - Corporate Controller; New Corporate Officers Elected
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announces today that Joseph R. (Joe) Lucot, 42, has been
named Vice President – Corporate Controller
and elected an officer of the company, succeeding Charles D. (Chuck)
McLane, the newly named Chief Financial Officer of Alcoa. In addition to
Mr. Lucot, Alcoa’s board of directors has
elected four new additional officers of the company.
As Corporate Controller, Mr. Lucot will focus on corporate fiduciary
financial processes and is responsible for Alcoa’s
worldwide accounting system and records, as well as the preparation and
filing of Alcoa’s financial statements and
reports. In addition, Mr. Lucot’s
responsibilities include accountability for Alcoa’s
Global Business Services organization, which involves leveraging global
transactional processes and services for information technology,
procurement, finance and human resources. He is also a vice president of
Alcoa. Mr. Lucot most recently served as Chief Financial Officer for
Alcoa’s Global Rolled Products, Hard Alloy
Extrusions and Asia Group, which includes Alcoa’s
worldwide rolled products, hard alloy, and rod and bar extrusion
products, and commercial foil businesses. This business accounted for an
estimated $8 billion in 2005 revenue.
Newly elected vice presidents of Alcoa are: Kevin J. Anton, 47,
President, Alcoa Materials Management; Olivier Jarrault, 45, who leads
the Alcoa Fastening Systems business; Raymond B. Mitchell, 48, who
serves as President Alcoa Investment Cast and Forged Products; and Wayne
G. Osborn, 55, managing director, Alcoa World Alumina Australia.
“These recognitions have been made because of
the significant management responsibilities and exceptional leadership
and performance of these individuals,” said
Alcoa Chairman and CEO Alain Belda.
Biographical information follows:
Joe Lucot joined Alcoa in 1997 in Pittsburgh in the Finance organization
as assistant controller responsible for several financial functions,
including accounting policy development and deployment, internal and
external reporting, due diligence, and analysis and planning. In 2001,
he was named vice president, Finance for Alcoa’s
Primary Products business unit, and one year later, moved to Geneva,
Switzerland with financial responsibility for Alcoa Europe, where the
company has 100 facilities in 16 countries and 2005 revenues of about $6
billion. Joe returned to the U.S. in 2006 to assume his most recent
Before joining Alcoa, Joe was a senior manager in the Pittsburgh office
of accounting firm, Coopers & Lybrand (now PricewaterhouseCoopers).
Kevin Anton was named president of Alcoa Materials Management in 2001,
and is responsible for Alcoa’s primary and
scrap aluminum physical and financial trading, electricity trading, and
transportation purchases for the company’s
Primary Metals business. Previously, Kevin worked as vice president of
Finance for Alcoa’s Primary Products group
and joined Alcoa as vice president of Alcoa World Alumina and Chemicals.
Earlier in his career, Kevin held senior management positions at Alumax
Inc., serving as vice president and controller for Alumax’s
primary aluminum group and director of business planning. Alcoa acquired
Alumax in 1998. Prior to joining Alumax, Kevin held various financial
positions, including director of Business Planning and Development for
AMAX Inc., a diversified mining and metals company.
Kevin serves as vice chairman of the U.S. Aluminum Association.
Olivier Jarrault joined Alcoa in 2002 as president of Alcoa Fastening
Systems, shortly after Alcoa acquired Fairchild Fasteners from The
Fairchild Corporation. Alcoa Fastening Systems is a combination of Huck
and Fairchild product brands and is a premier supplier of joining
systems and solutions for the worldwide aerospace industry. Olivier’s
most recent position was chief operating officer of Fairchild Fasteners,
based in Torrance, California.
Olivier began his career with Fairchild Fasteners in 1997 as vice
president of manufacturing. He progressed to vice chief operating
officer for U.S. operations and vice president, manufacturing in 1999
and then to his most recent position in 2001. Earlier, Olivier worked
for LISI Aerospace, a manufacturer of fastening solutions, based in Los
Angeles and in Paris for five years in executive positions, including
vice president of operations in Europe.
As president of Alcoa Investment Cast and Forged Products, Ray is
responsible for 29 plants worldwide that produce high-grade investment
castings for aerospace and industrial gas turbines as well as the
aerospace aluminum and titanium forgings business.
Previously, Ray was President Alcoa Wheel and Forged Products, a
producer of forged aluminum wheels for the commercial truck and
automotive industries, and for large aircraft and military tanks. Ray
has more than 20 years of finance, business planning and leadership
experience. He joined Alcoa in Pittsburgh in 1994 as manager of
Corporate Development, became assistant controller, Financial Analysis
and Planning in 1997, and two years later was named chief financial
officer for Alcoa Europe based in Geneva, Switzerland.
Prior to joining Alcoa, he was director of finance, Large Scale
Computing Division for IBM Corporation. He held numerous financial and
business planning positions during his twelve years at IBM.
Wayne Osborn is managing director of Alcoa World Alumina Australia, the
global leader in alumina production and Australia’s
sixth largest resources sector exporter. He leads an integrated business
comprised of bauxite mining, alumina refining, and aluminum smelting,
with operations in Victoria and Western Australia.
Wayne joined Alcoa in 1979 at the Point Henry aluminum smelter in
Geelong, Australia, where he worked in a number of positions, before
moving to the Portland Aluminium Smelter as administrative manager.
Wayne returned to Point Henry in 1990 as manufacturing manager, Alcoa
Rolled Products and was appointed general manager, Alcoa Rolled Products
in 1993. One year later, he returned to Western Australia as manager of
the Wagerup alumina refinery. He was appointed managing director of
Alcoa KAAL Australia in 1997, where he led significant expansion of the
business, developing international customers for Australian products in
new and emerging markets throughout Asia. He was appointed to the
position of Director, Asia Pacific Region in 2000 and his present
position in 2001.
Alcoa is the world's leading producer and manager of primary aluminum,
fabricated aluminum and alumina facilities, and is active in all major
aspects of the industry. Alcoa serves the aerospace, automotive,
packaging, building and construction, commercial transportation and
industrial markets, bringing design, engineering, production and other
capabilities of Alcoa's businesses to customers. In addition to aluminum
products and components, Alcoa also markets consumer brands including
Reynolds Wrap® foils and plastic wraps, Alcoa®
wheels, and Baco® household wraps. Among its
other businesses are closures, fastening systems, precision castings,
and electrical distribution systems for cars and trucks. The company has
129,000 employees in 44 countries and has been named one of the top most
sustainable corporations in the world at the World Economic Forum in
Davos, Switzerland. More information can be found at www.alcoa.com
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