• ALCOA INC Key Executives

  • Total Compensation: $ 10.13 M
    Klaus Kleinfeld, President and Chief Operating Officer of Alcoa, since October 1, 2007. Mr. Kleinfeld was President and Chief Executive Officer, Siemens AG, a global electronics and industrial conglomerate from January 2005 to June 2007. Mr. Kleinfeld served as Deputy Chairman of the Managing Board and Executive Vice President of Siemens AG from 2004 to January 2005. He served as President and Chief Executive Officer of Siemens Corporation, the U.S. arm of Siemens AG, from 2002 to 2004. Mr. Kleinfeld served as Chief Operating Officer of Siemens Corporation from January to December 2001. Prior to his U.S. assignment, Mr. Kleinfeld was Executive Vice President and a member of the Executive Board of the Siemens AG Medical Engineering Group in Germany from January to December 2000. Other directorships: Bayer AG. On May 8, 2008, the Board of Directors of Alcoa Inc. elected Klaus Kleinfeld, 50, President and Chief Executive Officer of Alcoa, effective May 8, 2008.
    Total Compensation: $ 2.05 M
    Mr. McLane was elected an Alcoa Executive Vice President in September 2007 and was elected Vice President and Chief Financial Officer of Alcoa in January 2007. He was elected Vice President and Corporate Controller in October 2002. He joined Alcoa in May 2000 as director of investor relations, following Alcoa's merger with Reynolds Metals Company. He became Assistant Treasurer of Reynolds in 1999 and Assistant Controller of that company in 1995.
    Paul D. Thomas - Executive VP
    Total Compensation: $ —
    Mr. Thomas was named to his current position in April 2006. He was named Executive Vice President - Alcoa, with responsibility for People, ABS and Culture in October 2004, and was elected an Alcoa Executive Vice President in November 2004. He was named Group President, North American Fabricated Products in January 2003. He was named President of Alcoa Mill Products in 2001 and President of Alcoa's Engineered Products business in January 1998. He was elected a Vice President of Alcoa in September 1998.
    Helmut Wieser - Executive VP
    Total Compensation: $ —
    Mr. Wieser was elected an Alcoa Executive Vice President in November 2005 and was named Group President, Global Rolled Products, Hard Alloy Extrusions and Asia at that time. Mr. Wieser was named Group President, Mill Products Europe/North America in October 2004 and was elected a Vice President of Alcoa in November 2004. He joined Alcoa in October 2000 as Vice President of Operations in Europe and in 2004 he became President of Alcoa's flat-rolled products business in Europe. Before joining Alcoa, Mr. Wieser worked for Austria Metall Group, where he was an executive member of the board and chief operating officer from 1997 to 2000.
    Bernt Reitan - Executive VP
    Total Compensation: $ —
    Mr. Reitan was named Group President, Global Primary Products in October 2004 and was elected an Alcoa Executive Vice President in November 2004. He was named Group President, Alcoa Primary Products in January 2004. He was elected Vice President of Primary Metals in 2003. He was named President of Alcoa World Alumina and Chemicals and was elected a Vice President of Alcoa in July 2001. He joined Alcoa in 2000 as general manager of Alcoa World Alumina in Europe. Before joining Alcoa, Mr. Reitan held a series of positions with Elkem in Norway over a 20-year period, serving as Senior Vice President of Materials and Technology and managing director of Elkem Aluminium ANS from 1988 to June 2000.
    Lawrence R. Purtell - Executive VP
    Total Compensation: $ 2.32 M
    On May 8, 2008, the Board of Directors elected Lawrence R. Purtell Executive Vice President and Chairman"s Counsel of Alcoa. He had been Executive Vice President and General Counsel since November 1997 and Chief Compliance Officer since April 2002. He plans to retire from Alcoa effective July 31, 2008.
    William F. Christopher - Executive VP
    Total Compensation: $ 2.53 M
    In January 2003, Mr. Christopher assumed responsibility for Alcoa's global automotive market and since September 2002, has been Group President for Alcoa's Aerospace and Commercial Transportation Group. He also led the customer and marketing initiatives for growth for the company until January 2006. In 2001, he assumed responsibility for the global deployment of the Alcoa Business System and the company's customer and quality initiatives. Mr. Christopher was elected a Vice President of Alcoa in 1999 and Executive Vice President in 2001. He was President of Alcoa Forged Products from 1996 to 2001.
    Tony R. Thene - Vice President
    Total Compensation: $ —
    Mr. Thene was elected to his current position effective January 18, 2008. He joined Alcoa in 1989 and served in a series of financial management positions from that time to the present. He was director of investor relations of Alcoa from January 2006 to January 2008. He served as chief financial officer of Alcoa's Global Mill Products from November 2004 to January 2006. He became vice president, finance, of Alcoa World Alumina and Chemicals in 2002 and was manager of Alcoa's corporate financial analysis and planning group in 2001. He served as division controller for the Alcoa Forging business from 1998 to 2001.
    Greg Aschman - Other Corporate Officer
    Total Compensation: $ —
    On January 18, 2008, Alcoa announced the appointment of head of investor relations, Greg Aschman, 39, who most recently was Finance Director for Alcoa's Building and Constructions Systems (BCS) business unit based in Geneva, Switzerland. Greg Aschman has served in a series of financial management positions with Alcoa since he joined the company ten years ago. Before assuming his present assignment, Mr. Aschman was Finance Director for Alcoa's Building and Construction Systems (BCS) business based in Geneva, Switzerland. Earlier, he was financial manager for the Alcoa Engineered Products business based in Cressona, Pennsylvania before moving to the Financial Planning & Analysis group in Pittsburgh as manager, Corporate Analysis. Before joining Alcoa, Mr. Aschman was commercial financial manager for Alumax Extrusions in Cressona and from 1993-1996 he served in financial management roles with Cressona Aluminum Company. From 1990-1993, he was a staff auditor for Deloitte & Touche based in Allentown, Pennsylvania. Mr. Aschman received a BS degree in accounting in 1990 from Villanova University and obtained an MBA degree in 1998 from St. Joseph's University, in Philadelphia. He is a certified public accountant.
    Total Compensation: $ —
    Mr. O'Neal served as Chairman of the Board and Chief Executive Officer of Merrill Lynch & Co., Inc. until October 2007. He became Chief Executive Officer of Merrill Lynch in 2002 and was elected Chairman of the Board in 2003. Mr. O'Neal was employed with Merrill Lynch for 21 years, serving as President and Chief Operating Officer from July 2001 to December 2002, President of U.S. Private Client from February 2000 to July 2001, Chief Financial Officer from 1998 to 2000 and Executive Vice President and Co-head of Global Markets and Investment Banking from 1997 to 1998. Before joining Merrill Lynch, Mr. O'Neal was employed at General Motors Corporation where he held a number of financial positions of increasing responsibility.
    Total Compensation: $ —
    Michael G. Morris, Chairman, President and Chief Executive Officer, American Electric Power Company, Inc. (AEP), a public utility holding company. Mr. Morris was elected President and Chief Executive Officer of AEP in January 2004; Chairman of the Board of AEP in February 2004; and Chairman, President and Chief Executive Officer of all of AEP's major subsidiaries in January 2004. From 1997 to 2003, Mr. Morris was Chairman, President and Chief Executive Officer of Northeast Utilities. Prior to that he held positions of increasing responsibility in energy and natural gas businesses. Other directorships: American Electric Power Company, Inc., Cincinnati Bell Inc. and The Hartford Financial Services Group, Inc.
    James W. Owens - Director
    Total Compensation: $ —
    James W. Owens, Chairman and Chief Executive Officer of Caterpillar Inc., a manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, since February 2004. Mr. Owens served as Vice Chairman of Caterpillar from December 2003 to February 2004, and as Group President from 1995 to 2003, responsible at various times for 13 of the company's 25 divisions. Mr. Owens joined Caterpillar in 1972 as a corporate economist and has held numerous management positions at Caterpillar from that time to the present. Other directorships: Caterpillar Inc. and International Business Machines Corporation.
    Total Compensation: $ —
    Franklin A. Thomas, Consultant, The Study Group, a nonprofit institution assisting development in South Africa, since 1996. Advisor to the United Nations Fund for International Partnerships, since 1998. Mr. Thomas was Chairman, The September 11th Fund, 2001 - 2006. He was President and Chief Executive Officer of The Ford Foundation from 1979 until 1996. Mr. Thomas was President and Chief Executive Officer of Bedford Stuyvesant Restoration Corporation, a nonprofit community development corporation, from 1967 to 1977 and prior to that served as Deputy Police Commissioner in charge of legal matters for the New York City Police Department. Other directorships: Citigroup Inc.
    Alain J. P. Belda - Chairman of the Board/Director
    Total Compensation: $ 10.09 M
    Alain J. P. Belda, Chairman of the Board and Chief Executive Officer of Alcoa, since January 2001. Mr. Belda was President and Chief Executive Officer of Alcoa from May 1999 to January 2001; President and Chief Operating Officer from 1997 to May 1999; Vice Chairman from 1995 to 1997; and Executive Vice President from 1994 to 1995. From 1979 to 1994, he was President of Alcoa Aluminio S.A. in Brazil, Alcoa's Brazilian subsidiary. Other directorships: Citigroup Inc. On May 8, 2008, Klaus Kleinfeld succeeds Alain J. P. Belda, 64, as Chief Executive Officer. Mr. Belda will continue as Chairman of the Board.
    Carlos Ghosn - Director
    Total Compensation: $ —
    Carlos Ghosn, President and Chief Executive Officer, Nissan Motor Co., Ltd., since 2001, and President and Chief Executive Officer of Renault S.A., since April 2005. Mr. Ghosn served as Chief Operating Officer of Nissan from 1999 to 2001. He served as Executive Vice President of Renault S.A. of France from 1996 to 1999, responsible for advanced research, car engineering and development, car manufacturing, power train operations and purchasing. From 1979 to 1996, he served in various capacities with Compagnie Generale des Etablissements Michelin in Europe, the U.S. and Brazil, including Chairman, President and Chief Executive Officer of Michelin North America, Inc. from 1990 to 1996. Other directorships: Nissan Motor Co., Ltd. and Renault S.A.
    Judith M. Gueron - Director
    Total Compensation: $ —
    Judith M. Gueron, Scholar in Residence at MDRC, a nonprofit research organization that designs, manages and studies projects to increase the self-sufficiency of economically disadvantaged groups, since September 2005, and President Emerita of MDRC since 2004. Ms. Gueron was a Visiting Scholar at the Russell Sage Foundation, a foundation devoted to research in the social sciences, from 2004 to 2005. Ms. Gueron was President of MDRC from 1986 to August 2004. She was MDRC's Executive Vice President for research and evaluation from 1978 to 1986. Before joining MDRC, she was director of special projects and studies and a consultant for the New York City Human Resources Administration. Other directorships: National Bureau of Economic Research.
    Total Compensation: $ —
    Kathryn S. Fuller, Chair, The Ford Foundation, since May 2004. Ms. Fuller retired as President and Chief Executive Officer of World Wildlife Fund U.S. (WWF), one of the world's largest nature conservation organizations, in July 2005, after having served in those positions since 1989. Ms. Fuller continues her affiliation with WWF as a member of the Advisory Council of WWF. She was a Public Policy Scholar at the Woodrow Wilson International Center for Scholars, a nonpartisan institute established by Congress for advanced study of national and world affairs, for a year beginning in October 2005. Ms. Fuller had various responsibilities within WWF and The Conservation Foundation from 1982 to 1989, including executive vice president, general counsel and director of WWF's public policy and wildlife trade monitoring programs. Ms. Fuller held several positions in the U.S. Department of Justice, culminating as Chief, Wildlife and Marine Resources Section, in 1981 and 1982.
    Henry B. Schacht - Director
    Total Compensation: $ —
    Henry B. Schacht, Managing director and senior advisor of Warburg Pincus LLC, a global private equity firm, since 2004. Mr. Schacht served as Chairman (1996 to 1998; and October 2000 to February 2003) and Chief Executive Officer (1996 to 1997; October 2000 to January 2002) of Lucent Technologies Inc. He also previously served as Senior Advisor (1998 to 1999 and 2003) to Lucent. Mr. Schacht was managing director of Warburg Pincus LLC, from February 1999 until October 2000. Mr. Schacht was Chairman (1977 to 1995) and Chief Executive Officer (1973 to 1994) of Cummins Inc., a leading manufacturer of diesel engines. Other directorships: Alcatel-Lucent.
    Joseph T. Gorman - Director
    Total Compensation: $ —
    Joseph T. Gorman, Chairman and Chief Executive Officer, Moxahela Enterprises, LLC, a venture capital firm, since 2001. Mr. Gorman retired as Chairman and Chief Executive Officer of TRW Inc., a global company serving the automotive, space and information systems markets, in June 2001, after a 33-year career with the company, and after having served in those positions since 1988. Other directorships: Meridian Technologies, Inc., Tonsberg Magnesium Group International AB, and Vector Intersect Security Acquisition Corp.
    Ernesto Zedillo - Director
    Total Compensation: $ —
    Ernesto Zedillo, Director, Yale Center for the Study of Globalization, since September 2002, at Yale University. Mr. Zedillo is the former president of Mexico; he was elected in 1994 and served until 2000. Before his election as president of Mexico, Mr. Zedillo served in various positions in the Mexican Federal Government and in Mexico's Central Bank. Mr. Zedillo is a member of the international advisory boards of ACE Limited, The Coca-Cola Company, JPMorgan Chase, and Rolls-Royce. Other directorships: Electronic Data Systems Corporation and The Procter & Gamble Company.
    Ratan N. Tata - Director
    Total Compensation: $ —
    Ratan N. Tata, Chairman, Tata Sons Limited, the holding company of the Tata Group, one of India's largest business conglomerates, since 1991. Mr. Tata is the Chairman of the major Tata Group companies including Tata Motors, Tata Steel, Tata Consultancy Services, Tata Power, Tata Tea, Tata Chemicals, Indian Hotels, Tata Teleservices and Tata AutoComp. Mr. Tata joined the Tata Group in December 1962. Mr. Tata is associated with many organizations in India and abroad, including the international advisory boards of the American International Group, JPMorgan Chase, Mitsubishi Corporation and Rolls-Royce. Other directorships: Fiat S.p.A.; The Bombay Dyeing & Manufacturing Company Limited; Hindustan Aeronautics Limited.