Alcoa Appoints Interim CFO, Bell Retires

TL;DR

Alcoa names new interim CFO as Bell retires end of month.

AI Summary

On March 7, 2024, Alcoa Corp. announced the appointment of William F. Almont as Interim Chief Financial Officer, effective immediately. He succeeds Michael J. Bell, who will transition to a senior advisor role until his retirement on March 31, 2024. Almont previously served as Alcoa's Vice President, Controller, and Chief Accounting Officer.

Why It Matters

This executive change in a key financial role could signal shifts in financial strategy or stability for Alcoa Corp.

Risk Assessment

Risk Level: low — This is a routine executive transition and does not appear to involve any significant financial or operational changes.

Key Players & Entities

• Alcoa Corp. (company) — Registrant
• William F. Almont (person) — Interim Chief Financial Officer
• Michael J. Bell (person) — Outgoing Chief Financial Officer
• March 7, 2024 (date) — Effective date of appointment
• March 31, 2024 (date) — Retirement date of Michael J. Bell

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share AA New York Stock Exchang
• $750,000,000 — cing of an offering (the "Offering") of $750,000,000 aggregate principal amount of 7.125% se

Filing Documents

• d764626d8k.htm (8-K) — 25KB
• 0001193125-24-062204.txt ( ) — 144KB
• aa-20240307.xsd (EX-101.SCH) — 3KB
• aa-20240307_lab.xml (EX-101.LAB) — 18KB
• aa-20240307_pre.xml (EX-101.PRE) — 11KB
• d764626d8k_htm.xml (XML) — 4KB

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains statements that relate to future events and expectations, including those relating to whether the sale of the notes is completed and the intended use of proceeds from the issuance of the notes, and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as "aim," "ambition," "anticipates," "believes," "could," "develop," "endeavors," "estimates," "expects," "forecasts," "goal," "intends," "may," "outlook," "plans," "potential," "projects," "reach," "seeks," "sees," "should," "targets," "will," "working," "would," or other words of similar meaning. All statements by the Company that reflect expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and changes in circumstances that are difficult to predict. Although the Company believes that the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that these expectations will be attained, and it is possible that actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in the Company's filings with the Securities and Exchange Commission. The Company disclaims any obligation to update publicly any forward-looking statements, whether in response to new information, future events or otherwise, except as required by applicable law.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALCOA CORPORATION By: /s/ Marissa P. Earnest Marissa P. Earnest Senior Vice President, Chief Governance Counsel and Secretary Date: March 7, 2024

View Full Filing

View this 8-K filing on SEC EDGAR