PITTSBURGH–(BUSINESS WIRE)–Arconic Corporation (NYSE:ARNC) (“Arconic” or “the Company”) has appointed Ellis A. Jones, vice president and chief sustainability officer of The Goodyear Tire & Rubber Company, to the board of directors of Arconic, effective October 10, 2022. Mr. Jones will also serve on the Board’s Governance and Nominating Committee.
Mr. Jones has served as Vice President and Chief Sustainability Officer of The Goodyear Tire & Rubber Company since October 2021, and currently chairs Goodyear’s Sustainability Council and EHS Council. Mr. Jones’ career at Goodyear spans more than 33 years. Since 2003, he has held a variety of leadership positions including Vice President of Environment, Health, Safety & Sustainability and Business Continuity, Senior Director of Global Environment, Health, Safety and Sustainability and Business Continuity, Director of Manufacturing, Racing Tire Division and Chief Financial Officer. , Manufacturing, Purchasing and Supply Chain, North American Tire Division. Mr. Jones also served as CFO of property and casualty insurance at Nationwide Mutual Insurance Company. He began his career in various financial roles at Goodyear.
Frederick A. Henderson, Chairman of the Board, said,We are thrilled to have Ellis join our Board of Directors. Ellis brings to Arconic extensive cross-functional experience in the global manufacturing industry and in-depth knowledge of sustainability, environment, health and safety issues. We look forward to benefiting from his experience as we strive to achieve our strategic goals and continue our sustainability journey. »
About Arconic
Arconic Corporation (NYSE:ARNC), headquartered in Pittsburgh, Pennsylvania, is a leading provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, that advance transportation land, aerospace, building and construction, industry and packaging. markets. For more information: www.arconic.com.
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Forward-looking statements
This release contains statements relating to future events and expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing words such as “anticipate” , “believes,” “could”, “estimates”, “expects”, “plans”, “goal”, “direction”, “intends”, “may”, “outlook”, “plans ‘, ‘projects’, ‘research’, ‘sees’, ‘should’, ‘target’, ‘will fly’, ‘should’ or other words of similar meaning. All statements that reflect Arconic’s expectations, assumptions, projections, beliefs or opinions about the future, other than statements of historical fact, are forward-looking statements, including, without limitation, statements relating to conditions, trends or developments in, ground transportation, aerospace, building and construction, industrial, packaging and other end markets; future financial results, operating performance, working capital, cash flow, liquidity and financial condition of Arconic; cost reduction and restructuring programs; Arconic’s strategies, outlook, business and financial prospects; share buybacks; costs associated with pension plans and other post-employment benefit plans; projected sources of cash flow; and potential legal liability. These statements reflect beliefs and assumptions based on Arconic’s perception of historical trends, current conditions, and expected future developments, as well as other factors Arconic deems appropriate in the circumstances. Forward-looking statements are not guarantees of future performance, and actual results may differ materially from those indicated by such forward-looking statements due to a variety of risks, uncertainties and changes in circumstances, many of which are beyond the control of ‘Arconic. These risks and uncertainties include, but are not limited to: (a) continued uncertainty regarding the duration and impact of the COVID-19 pandemic on our business and the businesses of our customers and suppliers, including shortages labor and increased quarantine rates; (b) deterioration in global economic and financial market conditions generally; (c) adverse changes in the end markets we serve; (d) failure to achieve the level of revenue growth, cash generation, cost savings, benefits of our legacy liability management, improved profitability and margins, fiscal discipline or planned or targeted strengthening of competitiveness and operations; (e) adverse changes in discount rates or investment returns on pension assets; (f) competition from new product offerings, disruptive technologies, industry consolidation or other developments; (g) loss of significant customers or adverse changes in customers’ business or financial condition; (h) manufacturing difficulties or other issues that impact product performance, quality, or safety; (i) the impact of commodity price volatility and inflationary pressures on our production costs; (j) a material downturn in the business or financial condition of a key supplier or other supply chain disruptions; (k) challenges to or violations of our intellectual property rights; (l) failure to successfully implement our return to the US packaging market or realize the expected benefits of other strategic initiatives or projects; (m) our ability to complete the previously announced sale of our Kawneer® Company; (n) the inability to identify or successfully respond to changing trends in our end markets; (o) the impact of potential cyberattacks and breaches of information technology or data security; (p) geopolitical, economic, and regulatory risks related to our global operations, including compliance with U.S. and foreign trade and tax laws, sanctions, embargoes, and other regulations; (q) the outcome of contingencies, including legal proceedings, governmental or regulatory investigations, and environmental remediation and compliance matters; (r) restrictions imposed by the authorities on our operations in Russia; (s) our ability to complete the announced divestiture of our Russian operations and the impact of such divestiture on our business and operations;
