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May 3, 2010
Alcoa Names Paula Davis President, Alcoa Foundation
NEW YORK--Alcoa (NYSE:AA) has named Paula Davis President of the Alcoa Foundation,
one of the largest corporate foundations in the U.S., effective May 10.
She succeeds Meg McDonald, who resigned earlier this year to return to
her native Australia. Alcoa Foundation plays a significant role in
strengthening sustainability in Alcoa communities worldwide, investing
over $515 million since 1952. The work of Alcoa Foundation is further
enhanced by Alcoa’s thousands of employee volunteers, who in 2009 gave
over 650,000 service hours.
Ms. Davis comes to Alcoa Foundation from The Pepsi Bottling Group, where
her responsibilities as Vice President, Corporate Communications
included overseeing the PBG Foundation as well as leading the company’s
external, internal, executive and customer programs.
“Paula brings to Alcoa a broad communications background and foundation
experience in a related industry,“ said Nick Ashooh, Alcoa Vice
President, Corporate Affairs. “She also shares Alcoa’s commitment to
sustainable business practices, one of the company’s core values. With
her talent and enthusiasm, we are confident she will lead Alcoa
Foundation to even greater success in addressing both local community
development goals and broader global sustainability challenges.”
Ms. Davis has also held senior positions with Siemens USA where she was
Executive Officer and Senior Director of Siemens’ Corporate
Communications and Relationship Marketing programs. Her responsibilities
included managing the company’s marketing and communications programs to
build the Siemens brand and stimulate new business, including overseeing
Siemens’ long-standing alliance with Disney Parks and Resorts. While at
Siemens, she also held positions in media and public relations. Ms.
Davis’ earlier experience includes strategic internal and media
relations for MVP.com, an online sports e-tailer, Arthur Andersen,
Sears, Roebuck and Company, and Sara Lee Corporation.
Ms. Davis holds an MBA in marketing and organizational behavior from the
Northwestern University Kellogg Graduate School of Management and a
bachelor’s degree in English and Psychology from the University of
ABOUT ALCOA AND ALCOA FOUNDATION
Alcoa is the world’s leading producer of primary aluminum, fabricated
aluminum and alumina. In addition to inventing the modern-day aluminum
industry, Alcoa innovation has been behind major milestones in the
aerospace, automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for eight consecutive years and approximately
75 percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.
Alcoa Foundation is a nonprofit U.S. corporate foundation with assets of
approximately US$415 million. In addition to addressing locally
identified needs in communities where Alcoa operates, Alcoa Foundation
is focused on unlocking solutions to critical environmental
sustainability challenges, including global climate change. Alcoa
Foundation has been a long-term partner in Alcoa communities worldwide
for more than fifty years, investing over US$515 million since 1952.
More information can be found at www.alcoa.com/foundation.