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Alcoa Announces Executive Appointments

NEW YORK, May 12, 2016 (BUSINESS WIRE) -- Lightweight metals leader Alcoa AA, -2.54% today announced that Karl Tragl, Group President of Transportation and Construction Solutions (TCS), has been appointed Group President of Engineered Products and Solutions (EPS), succeeding Olivier Jarrault, effective May 16. Jarrault will leave Alcoa after working with Tragl to ensure a smooth transition.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160512006485/en/

Prior to joining Alcoa in February, Tragl was Chief Executive Officer of Bosch Rexroth, a $6 billion (€5.4 billion) automation solutions company with 31,000 employees in 80 countries. During his six years as CEO, he delivered sustainable profitable growth through innovation and significant operational improvements, while optimizing the portfolio through key acquisitions and divestitures.

“Karl is the ideal leader to drive the future profitable growth of EPS,” said Klaus Kleinfeld, Alcoa Chairman and Chief Executive Officer. “He is an execution-focused leader with a deep technology and engineering background and a strong track record of operational and financial success. Karl is the right executive for this pivotal role as we launch Arconic in the second half of 2016.”

Tragl has held roles...


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