Alcoa Corporation announced the appointment of a Chief Commercial Officer and a Chief Strategy Officer to its Executive Leadership Team.
Renato Bacchi, 45, is being promoted to Executive Vice President and Chief Strategy Officer, effective February 1, 2022. Bacchi, currently Senior Vice President of Corporate Development and Treasurer, will oversee global strategy, corporate and business development, energy, non-operated joint ventures, and the Company's Transformation business, which is focused on managing curtailed and closed assets globally, including redevelopment activities. A replacement for Corporate Treasurer will be named in the coming weeks. Kelly Thomas, 52, will join Alcoa on February 14, 2022, as Executive Vice President and Chief Commercial Officer. She will lead all commercial strategies across Alcoa's global bauxite, alumina and aluminum markets with overall responsibility for sales, procurement, marketing, and supply chain. Both Bacchi and Thomas will report directly to Alcoa President and Chief Executive Officer Roy Harvey. As previously announced, Alcoa Executive Vice President and Chief Commercial Officer Tim Reyes has announced his retirement from the Company, effective February 1, 2022. The Company has restructured the role into these two separate executive positions in support of Alcoa's long-term strategy.