Alcoa (AA) Names Kevin B. Kramer as President, Growth Initiatives

June 30, 2009 10:54 AM EDT

Alcoa (NYSE: AA) announced that Kevin B. Kramer, 49, has been named to the newly created position of President, Growth Initiatives. In this role, he is responsible for supporting commercialization strategies for organic growth across Alcoa, including the commercialization of research and development initiatives, and identifying and developing new applications that respond to market trends and customers' needs. In addition, he will support the development and execution of global marketing programs for aluminum applications across existing and new market opportunities. Mr. Kramer had been President of the Alcoa Wheel and Transportation Products business, which includes forged wheels and aluminum transportation structures globally.

Under Kramer's leadership, Alcoa successfully introduced the Dura-Bright(R) patented wheels in North America and expanded the use of aluminum in buses in China through partnership with China's Yuton Bus Company.

Alcoa Inc. (Alcoa) is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined.[SM]

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