Ceramic Industry News

Kleinfeld Named Alcoa President and COO (posted 8/16/07)

August 16, 2007
/ Print / Reprints /
/ Text Size+

Alcoa recently announced that Klaus Kleinfeld has been elected president and chief operating officer (COO) by the company’s board of directors. Kleinfeld served most recently as president and chief executive officer (CEO) of Siemens AG. At Alcoa, he will have full responsibility for all operating activities of the company. Kleinfeld, who has been on Alcoa’s board of directors since 2003, will retain his position on the board. He will be based in New York and will take over his responsibilities on October 1, 2007.

Announcing the appointment, Alcoa Chairman and CEO Alain Belda said, “Klaus has a proven track record of running successful, complex, international businesses. He is a seasoned leader who demands results, and has a keen sense of the strategic challenges facing the company through his work on the board. Klaus is joining our team at a time when we are achieving record top- and bottom-line results, and have good prospects for the future. With Klaus as part of our strong leadership team, Alcoa’s future looks even brighter.”

Frank Thomas, Alcoa’s lead director, said, “We have the highest degree of confidence in Klaus, and are delighted that he will take over day-to-day responsibility for the company’s operations and businesses.”

In two years as president and CEO of Siemens AG, Kleinfeld presided over a dramatic transformation of the global electronics and industrial conglomerate. He reshaped the company’s portfolio around three high growth areas, and revenues increased by more than $16 billion in 2006 alone, operating groups met ambitious profitability targets, and the company’s market capitalization almost doubled.

Kleinfeld earned a master’s degree in business administration/economics from the University of Goettingen (Germany) in 1982, and received his doctorate in strategic management from the University of Wuerzburg (Germany). He is a member of the board of both Bayer AG and Citigroup, and is a director of a number of international and industry groups.

More information can be found at www.alcoa.com.


Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

September 2014 Issue Highlights

Our September 2014 issue is now available!

Posted: December 15, 2014


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI December 2014 cover

2014 December

Be sure to check out our annual Services Directory and Business Guide, with additional articles on advanced glass components, ceramic grinding media, and more!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!