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Peter Hong Joins Alcoa as Vice President and Treasurer
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Peter Hong, 48, will join the
company as Vice President and Treasurer, effective April 11. He succeeds
William B. Plummer, who resigned from Alcoa to join Dow Jones & Company.
Mr. Hong will be responsible for all global treasury activities,
including risk, cash, and capital management, as well as managing
relationships with creditors, rating agencies and commercial banks.
Mr. Hong comes to Alcoa from Avaya Inc., a global leader in business
communications, applications, software and services, where he was vice
president and treasurer, since 2004. Prior to Avaya, he served as vice
president and treasurer at Ingersoll-Rand Company. Earlier, he held
several positions of increasing responsibility for Case Corporation,
culminating at vice president, Investor Relations and Corporate
Development, following Case’s merger with New
“Peter brings a wealth of experience to this
position," said Chuck McLane, Alcoa Vice President and Chief Financial
Officer. "He has a comprehensive understanding of financial markets, and
he has demonstrated strong leadership in his previous roles. We are
pleased to have Peter join our senior leadership team."
Mr. Hong obtained an MBA degree in Finance and Accounting in 1981 from
Northwestern University’s Kellogg School of
Management. His undergraduate degree is in Economics, also from