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| January 18, 2008
Alcoa Names Tony Thene Vice President and Controller; Greg Aschman to Head Investor Relations
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Tony R. Thene, 47, has been elected
by the company’s board of directors as vice
president and controller, succeeding Joseph R. Lucot, who is leaving
Alcoa after more than 10 years of excellent service. Mr. Thene had been
director, investor relations for Alcoa, serving as the primary interface
with Wall Street analysts and investors. Replacing Mr. Thene as head of
investor relations is Greg Aschman, 39, who most recently was Finance
Director for Alcoa’s Building and
Constructions Systems (BCS) business unit based in Geneva, Switzerland.
BCS is a leading supplier of architectural systems, services and
building products to the global construction industry, with offices in
14 countries in North America, Europe, North Africa and the Middle East.
“Tony’s broad range
of experience within Alcoa’s businesses makes
him ideally suited to this role, and Greg has a solid background in
finance by working at the plant, business unit and corporate level of
the organization, which should serve him well in this crucial assignment,”
said Chuck McLane, Alcoa Executive Vice President and CFO. “I’d
also like to acknowledge Joe for his significant service to Alcoa. We
appreciate his efforts and integrity, and we wish him well in the next
phase of his career.”
Biographical information follows.
Tony Thene
As vice president and controller for Alcoa, Mr. Thene is responsible for
the company’s worldwide accounting systems
and records, corporate fiduciary financial processes and the preparation
and filing of Alcoa’s financial statements
and reports. Most recently, he was director of investor relations for
the corporation.
During his 18 years with Alcoa, Mr. Thene served in a series of
financial management positions including chief financial officer, Global
Mill Products and vice president, Finance for Alcoa World Alumina and
Chemicals. Earlier in his career, Mr. Thene worked as plant controller
at two locations before being named manufacturing manager for the
Alumina Chemicals business in Arkansas. In 1998, he joined the Alcoa
Forgings business in Cleveland, Ohio as division controller, then in
2001 he moved to New York as manager of the corporate financial analysis
and planning group, Mr. Thene was named vice president, Finance for
Alcoa World Alumina and Chemicals in 2002, then CFO Global Mill Products
and to his most recent position in 2006.
He obtained a bachelor’s degree in accounting
from Indiana State University (1983) and received an MBA degree from
Case Western Reserve University in Cleveland, Ohio in 2001. Mr. Thene is
a certified public accountant.
Greg Aschman
Greg Aschman has served in a series of financial management positions
with Alcoa since he joined the company ten years ago. Before assuming
his present assignment, Mr. Aschman was Finance Director for Alcoa’s
Building and Construction Systems (BCS) business based in Geneva,
Switzerland. Earlier, he was financial manager for the Alcoa Engineered
Products business based in Cressona, Pennsylvania before moving to the
Financial Planning & Analysis group in Pittsburgh as manager, Corporate
Analysis.
Before joining Alcoa, Mr. Aschman was commercial financial manager for
Alumax Extrusions in Cressona and from 1993-1996 he served in financial
management roles with Cressona Aluminum Company. From 1990-1993, he was
a staff auditor for Deloitte & Touche based in Allentown, Pennsylvania.
Mr. Aschman received a BS degree in accounting in 1990 from Villanova
University and obtained an MBA degree in 1998 from St. Joseph’s
University, in Philadelphia. He is a certified public accountant.
About Alcoa
Alcoa is the world's leading producer and manager of primary aluminum,
fabricated aluminum and alumina facilities, through its growing position
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 including flat-rolled
products, hard alloy extrusions, and forgings, Alcoa also markets Alcoa®
wheels, fastening systems, precision and investment castings, structures
and building systems. The Company has 107,000 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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