Alcoa announces restructuring of Executive Leadership Team - Seite 2

Mr. Oplinger has a bachelor’s degree in Industrial Engineering and Operations Research from Virginia Tech and a Master of Science in Industrial Administration from Carnegie Mellon University.

Molly S. Beerman served as the Company’s Vice President and Controller from December 2016 through October 2019, when she was promoted to Senior Vice President and Controller.

She served as Director, Global Shared Services Strategy and Solutions from November to December 2016. In 2016, she held a consulting role with Alcoa Inc., assisting in the plans for the Separation in November 2016. From 2012 to 2015, Beerman served as Vice President, Finance and Administration for a non-profit organization focused on community issues. Prior to that, she worked for 11 years for Alcoa Inc. in a variety of roles in the finance function and was the director of global procurement center of excellence from 2008 to 2012. Earlier in her career, she served in financial management positions at Carnegie Mellon University, PNC Bank, and Deloitte.

Beerman obtained a bachelor’s degree in Business Administration, Accounting from Duquesne University in Pittsburgh. She is a Certified Public Accountant, Commonwealth of Pennsylvania.

Renato Bacchi will take on added responsibilities to become Chief Strategy & Innovation Officer, including overseeing Alcoa’s breakthrough R&D technologies that support the Company’s vision to reinvent the aluminum industry.

Bacchi was previously Senior Vice President and Treasurer of Alcoa Corporation from November 2019 through January 2022. In addition to responsibility for global treasury activities, Mr. Bacchi also had accountability for Alcoa’s Corporate Development function, which included evaluating the best uses of the company’s capital, sourcing and executing acquisition and divestiture transactions, and joint ventures. Prior to that role, he was Vice President and Treasurer, which included managing risk, cash and relationships with creditors, rating agencies, and commercial banks.

Prior to the Separation of Alcoa Inc. into two separate companies in 2016, Mr. Bacchi was Assistant Treasurer of Alcoa. He joined Alcoa Inc. in 1997.

Bacchi graduated from São Paulo University (Brazil) with a degree in Electrical Engineering, and earned a Master of Business Administration degree from IbMec University (Brazil).

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 +1,08 % to 46,94USD on Tradegate stock exchange (10. Januar 2023, 12:29 Uhr).