Alcoa Corporation (NYSE:AA), a leading global upstream aluminum company, has announced that its Chairman of the Board, Mr. Steven W. Williams, will not seek re-election at the company’s 2025 Annual Meeting of Stockholders. Mr. Williams, who has been serving as a director since Alcoa Corporation went public in 2016 and took up the role as Chairman of the Board in 2021, plans to continue his term until the end of the Annual Meeting.
Mr. Williams’ departure from the Board is not due to any disagreement with the Board or the corporation, as clarified in the company statement. Upon his departure, the size of the Board will be reduced to 11 directors.
Alcoa Corporation, based in Pittsburgh, Pennsylvania, is notable in the aluminum sector for its work in bauxite, alumina, and aluminum products. This announcement comes as part of the company’s latest updates to the Securities and Exchange Commission.
Further information regarding the appointment of a new Chairman will be revealed in due course.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Alcoa’s 8K filing here.
About Alcoa
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses.
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