Alcoa announces new Chief Commercial Officer

Alcoa Corporation (NYSE: AA) today announced that it has named Renato Bacchi as Executive Vice President and Chief Commercial Officer, effective August 1, 2023. The company’s current Chief Commercial Officer, Kelly Thomas, will leave to pursue a career opportunity outside of Alcoa.

Bacchi will lead the Company’s sales and trading, marketing, supply chain, commercial operations, procurement, and transportation. He previously served as Chief Strategy & Innovation Officer. He will continue to supervise Alcoa’s global energy assets and oversee Alcoa’s breakthrough technology programs.

“We will miss Kelly’s strong leadership, and we will build on the work that she accomplished with the signing of numerous supply contracts, including for our Sustana^TM suite of products,” said Alcoa President and CEO Roy Harvey. “As Renato steps into his new role, he brings a wealth of experience and expertise, including his strategic view of our global energy markets and a focus on our long-term vision to reinvent the aluminum industry through our research and development programs.”

Bacchi first joined Alcoa in 1997 in São Paulo, Brazil. He graduated from São Paulo University in 2000, with a degree in Electrical Engineering, and earned a Master of Business Administration degree from IbMec University (Brazil) in 2004. In 2010, he received the Chartered Financial Analyst designation from CFA Institute. In 2019, Renato completed an Advanced Management Program at Harvard University.

About Alcoa Corp.

Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater efficiency, safety, sustainability and stronger communities wherever we operate.

Dissemination of Company Information

Alcoa Corporation intends to make future announcements regarding company developments and financial performance through its website at www.alcoa.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls and webcasts.

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The Alcoa Stock at the time of publication of the news with a raise of +2,29 % to 31,31EUR on Tradegate stock exchange (25. Juli 2023, 13:47 Uhr).