Alcoa names COO, CFO; COO Slaven departs Feb 1, 2023

Alcoa Corp

COO John D. Slaven leaves effective Feb 1, 2023; receives severance per existing agreement.
EVP & CFO William F. Oplinger appointed EVP & COO effective Feb 1; gets $450K equity award.
SVP & Controller Molly S. Beerman appointed EVP & CFO effective Feb 1; salary $641,500.
Beerman's 2023 LTI target increased to $1.8M; severance agreement enhanced to 2x salary.
Beerman's amended severance includes two-year non-compete, two-year health benefits.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

John D. Slaven

Executive Vice President and Chief Operations Officer

AA · Alcoa Corp

Effective: 2023-02-01
Successor: William F. Oplinger
Filed: January 10, 2023, 6:59 PM ET

Mr. John D. Slaven, Executive Vice President and Chief Operations Officer, agreed that Mr. Slaven will leave the Company effective February 1, 2023

Appointed

Molly S. Beerman

Executive Vice President and Chief Financial Officer

AA · Alcoa Corp

Effective: 2023-02-01
Filed: January 10, 2023, 6:59 PM ET

Ms. Molly S. Beerman, current Senior Vice President and Controller (principal accounting officer) of the Company, is appointed Executive Vice President and Chief Financial Officer (principal financial officer and principal accounting officer) of the Company.

Role change

William F. Oplinger

Executive Vice President and Chief Operations Officer

AA · Alcoa Corp

Effective: 2023-02-01
Filed: January 10, 2023, 6:59 PM ET

Mr. William F. Oplinger, current Executive Vice President and Chief Financial Officer (principal financial officer) of the Company, is appointed Executive Vice President and Chief Operations Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John D. Slaven departed as Executive Vice President and Chief Operations Officer at Alcoa Corp.

Action: leave
Role: Executive Vice President and Chief Operations Officer

Exact text from the filing

Mr. John D. Slaven, Executive Vice President and Chief Operations Officer, agreed that Mr. Slaven will leave the Company effective February 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Molly S. Beerman was appointed as Executive Vice President and Chief Financial Officer at Alcoa Corp.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Ms. Molly S. Beerman, current Senior Vice President and Controller (principal accounting officer) of the Company, is appointed Executive Vice President and Chief Financial Officer (principal financial officer and principal accounting officer) of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William F. Oplinger was appointed as Executive Vice President and Chief Operations Officer at Alcoa Corp.

Action: appointed
Role: Executive Vice President and Chief Operations Officer

Exact text from the filing

Mr. William F. Oplinger, current Executive Vice President and Chief Financial Officer (principal financial officer) of the Company, is appointed Executive Vice President and Chief Operations Officer of the Company.

View on SEC.gov

Alcoa Corp filing history →

Source: SEC EDGAR

accession 0001193125-23-005174

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