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December 21, 2011

Davies Named President, Alcoa Global Business Services

NEW YORK--Alcoa (NYSE:AA) announced today that Mark Davies has joined the company as President – Alcoa Global Business Services, responsible for implementing new Information Technology and shared services strategies and integrating them with procurement operations into a global organization capable of driving profitable growth for the Company.

In this new role, Davies will be responsible for Alcoa’s Procurement, Shared Services, and Information Technology organizations. He will also be a member of the Company’s Executive Council, the senior leadership group responsible for setting strategic direction.

“Mark Davies brings to Alcoa a track record of operational success and financial strategy. We’ll look to him to apply that winning combination in leading an organization that will enable our businesses to leverage Alcoa’s global systems and procurement clout to drive growth and profitability,” said Alcoa Chairman and CEO Klaus Kleinfeld.

Prior to joining Alcoa, Davies was Managing Vice President of Strategic Programs for Dell Inc., helping lead the global business transformation of the company. Before that, he served as Chief Financial Officer of Dell’s Global Consumer Group, a $13 billion enterprise with operations in five regions and 45 countries.

Davies began his career at Hewlett Packard in financial operations and ultimately held positions in Manufacturing, Supply Chain, Procurement and Accounting for a number of international operations. He holds a Bachelor's degree in Accounting from Western Washington University and an MBA in Finance from Arizona State University.

About Alcoa

Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of 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 10 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.