Ken Giacobbe Named Chief Financial Officer of Alcoa Engineered Products and Solutions

  Ken Giacobbe Named Chief Financial Officer of Alcoa Engineered Products and
  Solutions

Business Wire

NEW YORK -- January 11, 2013

Alcoa (NYSE:AA) announced today that Ken Giacobbe has been named Chief
Financial Officer of its Engineered Products and Solutions (EPS) business
group, effective immediately.

Ken Giacobbe, Chief Financial Officer, Alcoa Engineered Products and Solutions
(Photo: Business Wire ...

Ken Giacobbe, Chief Financial Officer, Alcoa Engineered Products and Solutions
(Photo: Business Wire)

Giacobbe has served as Controller of Alcoa Engineered Products and Solutions
since 2011. In his new role, Giacobbe will have financial responsibility for
the EPS business, which includes Alcoa Power and Propulsion, Alcoa Fastening
Systems, Alcoa Forgings and Extrusions, Alcoa Wheel and Transportation
Products, and Building and Construction Systems. EPS had 2012 revenues of $5.5
billion and employs approximately 22,000 people in 17 countries.

Giacobbe also will serve on Alcoa’s Executive Council, the senior leadership
team that sets strategic direction for the company.

“Ken has held positions of increasing responsibility in Finance at the
company, most recently as EPS’ Group Controller where he helped the Group
achieve record results,” said Olivier Jarrault, Executive Vice President and
Group President, Engineered Products and Solutions. “His global experience
combined with his demonstrated focus on execution will be key to EPS’ global
revenue growth and its continued year-over-year financial performance
improvement.”

Giacobbe joined Alcoa in 2004 as Vice President of Finance for Global Extruded
Products, part of Alcoa Forgings and Extrusions. After that, he was Vice
President of Finance for Building and Construction Systems, and Group
Controller for EPS.

Earlier in his career, Giacobbe held Senior Finance roles at Avaya and Lucent
Technologies, among others. He earned a Bachelor’s Degree in Economics from
the State University of New York at Oneonta and an MBA from the University of
South Florida.

Giacobbe will be based in Cranberry Township, Pennsylvania, with the EPS
Finance Team. His successor will be named shortly, and will report to him.

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 125 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 11 consecutive years and approximately 75 percent of all of the aluminum
ever produced since 1888 is still in active use today. Alcoa employs
approximately 61,000 people in 30 countries across the world. For more
information, visit www.alcoa.com and follow @Alcoa on Twitter at
twitter.com/Alcoa.

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Contact:

Alcoa
Investor Contact
Kelly Pasterick, 212-836-2674
or
Media Contact
Monica Orbe, 212-836-2632
 
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