Alcoa (AA) Promotes Frank Feder to CEO of LA&C, Marcos Ramos to President, Global Primary Products LA&C

October 17, 2011 2:04 PM EDT
Alcoa (NYSE: AA) today announced that two top executives will assume new responsibilities and it will create a Latin America & Caribbean (LA&C) regional headquarters to accelerate growth in the region. The executive changes will become effective Jan. 1, 2012.

Franklin L. (Frank) Feder will become Regional Chief Executive Officer of Latin American & Caribbean and will lead the new LA&C headquarters, reporting to Alcoa Chairman and CEO Klaus Kleinfeld. Feder will oversee a Latin America Regional Council that will bring together all Alcoa business groups in a focused effort to drive the Company’s growth agenda. Feder was most recently President, Global Primary Products LA&C.

Succeeding Feder is Marcos Ramos who is appointed President, Global Primary Products, Latin America & Caribbean. He will oversee all of Global Primary Products businesses in the region, and report to Chris Ayers, Executive Vice President, and Group President Global Primary Products. Ramos was most recently President of Alcoa Europe and Global Primary Products Europe.


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