Alcoa announced February 2 a realignment of its Engineered Products and Solutions (EPS) business to accelerate its growth. The EPS business is composed of Alcoa units that serve the aerospace, automotive, commercial transportation, building and construction, and oil and gas markets. The EPS businesses reported revenues totaling nearly $4.7 billion in 2009.
As part of the restructuring, two new chief operating officer positions have been created. Effective February 1, 2010, Chris L. Ayers and Olivier M. Jarrault have been named to the new posts. Ayers joins Alcoa as chief operating officer, Alcoa Cast, Forged and Extruded Products. He will be responsible for the Alcoa Forgings and Extrusions, Alcoa Power and Propulsion, and the Alcoa Oil and Gas businesses. He comes from Precision Castparts Corporation where he was President of its Forgings and Special Metals Division.
Jarrault is promoted to the new position of COO, Engineered Products and Building Systems. He will lead the Alcoa Fastening Systems, Alcoa Wheels and Transportation Products, and Building and Construction Systems business units. Jarrault has been president, Alcoa Fastening Systems since 2002.
Succeeding Jarrault as president, Alcoa Fastening Systems is Vitaliy V. Rusakov. He had been vice president and general manager of Operations, Alcoa Fastening Systems North America Aerospace, responsible for the City of Industry, the Carson, and the Van Petty Operations, based in California, and led the implementation of AFS Strategic initiatives in Suzhou, China for his operations.
Alcoa also announced that David W. Schlendorf, president, Alcoa Building and Construction Systems, will retire following a distinguished 39-year career with the company. He will be replaced by Glen G. Morrison, who was president, Kawneer North America, a major manufacturer of architectural aluminum building products and systems and part of Alcoa’s Building and Construction Systems organization.
“These changes strengthen the Engineered Products business globally as we drive for further growth. These leaders have proven track records in raising market presence and stimulating profitable performance in their businesses,” said Bill Christopher, Alcoa executive vice president and group president for Engineered Product and Solutions.
Addressing the retirement of Schlendorf, Christopher said, “Dave has had an exemplary career with Alcoa. During his tenure, he was responsible for several market development efforts, including the aluminum structured car. As president of Alcoa Building and Construction Systems, Dave was key in structuring the various units of the business, while positioning them as leaders in each segment they play in today.”