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Alcoa re-aligns Engineered Products and Solutions business

Post Time:Feb 03,2010Classify:Industry NewsView:103

Alcoa [Pittsburgh] announced today a re-alignment of its Engineered Products and Solutions business to accelerate its growth. The EPS business is composed of Alcoa units that serve the aerospace, automotive, commercial transportation, building and construction, and oil and gas markets. The EPS businesses reported revenues totaling nearly $4.7 billion in 2009.

As part of the restructuring, two new chief operating officer positions have been created. Effective Feb. 1, 2010, Chris L. Ayers and Olivier M. Jarrault have been named to the new posts. Ayers joins Alcoa as chief operating officer, Alcoa Cast, Forged and Extruded Products. He will be responsible for the Alcoa Forgings and Extrusions, Alcoa Power and Propulsion, and the Alcoa Oil and Gas businesses. He comes from Precision Castparts Corp. where he was president of its Forgings and Special Metals Division.

Jarrault is promoted to the new position of chief operating officer, Engineered Products and Building Systems. He will lead the Alcoa Fastening Systems, Alcoa Wheels and Transportation Products, and Building and Construction Systems business units. Jarrault has been president, Alcoa Fastening Systems since 2002

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Source: http://www.glassmagazine.com/news-item/commercial/alcoa-re-aligns-engineered-products-and-solutions-businessAuthor:

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