Business News

Alcoa Names Tony Thene Vice President and Controller; Greg Aschman to Head Investor Relations

Monday 21. January 2008 - Alcoa (NYSE:AA) announced today that Tony R. Thene, 47, has been elected by the company’s board of directors as vice president and controller, succeeding Joseph R. Lucot, who is leaving Alcoa after more than 10 years of excellent service.

Mr. Thene had been director, investor relations for Alcoa, serving as the primary interface with Wall Street analysts and investors. Replacing Mr. Thene as head of investor relations is Greg Aschman, 39, who most recently was Finance Director for Alcoa’s Building and Constructions Systems (BCS) business unit based in Geneva, Switzerland. BCS is a leading supplier of architectural systems, services and building products to the global construction industry, with offices in 14 countries in North America, Europe, North Africa and the Middle East.

“Tony’s broad range of experience within Alcoa’s businesses makes him ideally suited to this role, and Greg has a solid background in finance by working at the plant, business unit and corporate level of the organization, which should serve him well in this crucial assignment,” said Chuck McLane, Alcoa Executive Vice President and CFO. “I’d also like to acknowledge Joe for his significant service to Alcoa. We appreciate his efforts and integrity, and we wish him well in the next phase of his career.”