Alcoa manufacturer names sole CEO

John C. Plant has become the sole chief executive officer of Howmet Aerospace Inc. He takes on the role exclusively following the departure of co-chief executive officer Tolga I. Oal, who has left the company to “pursue other opportunities.” In addition to serving as chief executive officer, Plant will continue as Howmet Aerospace’s executive chairman.

“The Board of Directors is delighted that John has elected to stay and lead the organisation continuing to shape and lock in the culture he and his executive team have created,” says James F. Albaugh, independent lead director of Howmet’s board. “This will ensure leadership stability through the upturn and build on the momentum John has created since taking on the CEO role in February 2019.”

Howmet Aerospace is present in the commercial vehicle wheel market as manufacturer of the Alcoa forged aluminium wheel brand. The company was created last year after Arconic Inc. was separated into two firms.