12/8/2010 2:00:00 PM
NEWS BRIEFS
Alcoa Promotes Former AFS President Jarrault

Alcoa named current Engineered Products COO Olivier Jarrault to be president of Alcoa Engineered Products and Solutions, succeeding William F. Christopher, who will retire effective April 1.

Jarrault is the former president of Alcoa Fastening Systems.

In his new role, Jarrault will have overall responsibility strategically and operationally for EPS’ six business units: Alcoa Fastening Systems, Alcoa Power and Propulsion, Alcoa Building and Construction Systems, Alcoa Forgings and Extrusions, Alcoa Wheel and Transportation Products, and Alcoa Oil and Gas. Jarrault will become a member of Alcoa’s Executive Council, the senior leadership group that sets strategic direction for the company. He will assume his new position effective January 1.

“Bill has been a good friend and trusted partner to me, and a wise counselor to many Alcoans over his 35-year career,” said CEO Klaus Kleinfeld. “Fortunately, we have an outstanding leader ready to succeed Bill.”

“Olivier has built a reputation as an action-oriented leader who is respected by customers and employees and known for delivering strong financial performance. I look forward to him joining my lead team.”

News of Jarrault’s promotion comes less than one year after Alcoa promoted him to the newly created position of COO of Engineered Products and Building Systems, which includes AFS in its business group. Jarrault will lead the Alcoa Fastening Systems, Alcoa Wheels and Transportation Products, and Building and Construction Systems business units.

Vitaliy Rusakov replaced Jarrault as president of AFS. 

The promotions were part of Alcoa’s re-alignment of its Engineered Products and Solutions (EPS) business, composed of Alcoa units that serve the aerospace, automotive, commercial transportation, building and construction, and oil and gas markets, with 2009 revenue nearing $4.7 billion.

Jarrault joined Alcoa in 2002 when the company acquired Fairchild Fasteners from The Fairchild Corporation, where he was Chief Operating Officer. He was named President of Alcoa Fastening Systems (AFS), a premier supplier of joining systems under the Huck and Fairchild brands for aerospace and commercial customers worldwide. He was elected a Vice President of Alcoa in November 2006.

In February 2010, Jarrault was named to the new position of Chief Operating Officer, Alcoa Engineered Products and Building Systems, where he leads the Alcoa Fastening Systems, Alcoa Wheels and Transportation Products, and Building and Construction Systems businesses.

Early in his career, Jarrault worked for LISI Aerospace, a manufacturer of fastening solutions, in executive positions in North America and Europe. He earned a master of science in mechanical engineering from California Institute of Technology in 1986 and, in 1998, an MBA degree from the University of California at Los Angeles.

From January 1 until his retirement on April 1, Christopher, who joined Alcoa in 1975, will serve as Chairman’s Counsel.

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Related Links:

• Alcoa