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| September 18, 2002
Alcoa Names Charles D. McLane, Jr. and William F. Oplinger to New Posts; Timothy S. Mock to Retire
PITTSBURGH--(BUSINESS WIRE)--Sept. 18, 2002--Alcoa Inc. announced
today that its Board of Directors appointed Charles D. McLane, Jr.,
49, vice president of Alcoa Business Support Services and Controller,
effective October 1, 2002. He succeeds Timothy S. Mock, 60, who will
step down from his current position on October 1, 2002 and formally
retire on January 31, 2003. Mr. McLane is currently based in New York
City as director of investor relations, responsible for directing
Alcoa's strategic relationships with securities analysts and investors
globally. He will be relocating to Pittsburgh.
"In Chuck's short time with Alcoa, he has earned an excellent
reputation for his knowledge, responsiveness and credibility in
discussing Alcoa's financial performance and strategic direction with
the investment community," said Alain Belda, Alcoa Chairman and CEO.
Mr. McLane will also be responsible for several Alcoa North
American service functions, including procurement, financial shared
services, environment, health and safety services, human resource
services, and aircraft operations.
Succeeding Mr. McLane as director of investor relations is William
F. Oplinger, 35, who is currently manager of Financial Analysis and
Planning for Alcoa in Pittsburgh.
Alcoa is the world's leading producer of primary aluminum,
fabricated aluminum and alumina, 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(R) products, Alcoa(R) wheels, and Baco(R)
household wraps. Among its other businesses are vinyl siding,
closures, precision castings, and electrical distribution systems for
cars and trucks. The company has 129,000 employees in 38 countries.
Biographical information follows:
Charles D. McLane, Jr.
Mr. McLane joined Alcoa in May 2000 as director of investor
relations, following the company's acquisition of Reynolds Metals
Company.
Mr. McLane joined Reynolds Metals in 1973 in an accounting
position before beginning a series of financial assignments including
division controller. In 1990, he was named director of finance and
administration for Reynolds' Global Can business unit, then in 1995 he
became assistant controller and in 1999 assistant treasurer.
He earned both a bachelor's and master degree in accounting from
Virginia Commonwealth University in 1978 and 1984, respectively. Mr.
McLane attended an Executive Program at the Darden School of Business
in 1988 and the Wharton School of Business in 1995.
William F. Oplinger
William F. (Bill) Oplinger joined Alcoa in 2000 as manager,
corporate analysis in the Finance organization in Pittsburgh. One year
later he was named to his most recent position as manager, Financial
Analysis and Planning, where one of his major responsibilities is the
corporate annual strategic planning process, which includes long term
goal setting, and consolidation and evaluation of business plans. He
assumes his new assignment as director of investor relations in
October 2002. He will be located in New York City.
Prior to joining Alcoa, Mr. Oplinger worked at Westinghouse
Electric Company for 11 years in Pittsburgh and in Charlotte, North
Carolina, where he served in several engineering, marketing management
and business planning positions including director, Business Planning
for Westinghouse's Process Control Division handling growth
initiatives, new market and profitability analysis, and evaluation of
potential acquisition targets. Previously, in 1998 he was national
manager of Customer Service for Westinghouse Electric, where he
managed the sales and marketing efforts for a number of service
product lines.
He obtained a bachelor's degree in 1989 in industrial engineering
and operations research from Virginia Tech University and a masters of
science in industrial administration from the Graduate School of
Industrial Administration at Carnegie Mellon University in Pittsburgh
in 1998. Mr. Oplinger graduated with honors from CMU.
Timothy S. Mock
Tim Mock began his Alcoa career at the Cleveland (Ohio) Works in
1964 as an industrial engineer after graduating from Lehigh
University. He became chief industrial engineer there in 1974 and
transferred to Alcoa's Massena (N.Y.) Operations as controller in
1978. In 1981, Mr. Mock was named controller, Flat Rolled Products
Division in Pittsburgh, and was later promoted to group controller of
Packaging Systems. He returned to Massena in 1988 as operations
manager and was named president of Alcoa's Wire, Rod and Bar business
unit a year later. In 1995, he headed the transition team for the
acquisition of Alumix, S.p.A., Italy's state owned aluminum producer
that Alcoa acquired in 1996, now known as Alcoa Italia. Following the
acquisition, he became managing director of Alcoa Italia, based in
Milan, Italy. He returned to the U.S. as President, Automotive
Structures and was then named vice president of Alcoa and controller
in 1999. Mr. Mock was named to his present position as vice president,
Alcoa Business Support Services and controller in 2001.
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