Arconic Corporation announced that Chris Ayers will become Chief Executive Officer and Chair of the Board of Arconic, effective September 11, 2023. Ayers has served on Arconic?s Board of Directors for the past seven years and held several executive positions in key businesses within the Company?s predecessor, Alcoa, prior to his board role. Current Arconic CEO Tim Myers will continue to serve in an advisory capacity as Arconic?s Lead Outside Director of the Board.

Ayers brings more than 25 years of executive experience in the metals industry to Arconic, with a strong focus on aerospace markets. Prior to serving on Arconic?s Board of Directors, Ayers was President and Chief Executive Officer of WireCo WorldGroup Inc., from 2013 through 2017. He joined Alcoa in February 2010 as its Chief Operating Officer of the Cast, Forged and Extruded Products businesses and served as Executive Vice President of Alcoa Inc. and President of its Global Primary Products Group from 2011 to 2013.

Ayers held several executive positions at Precision Castparts Corporation (PCC) from 1999 to 2008 and has served on the board of Universal Stainless and Alloy Products Inc., among other companies. Ayers began his career at Pratt & Whitney, the aircraft division of United Technologies Corporation.