Arconic Inc. announced that John C. Plant has agreed to a new three-year employment agreement to lead Howmet Aerospace through March 2023 as co-Chief Executive Officer, effective with the expected separation of Arconic Inc. on April 1, 2020. Mr. Plant will serve as Executive Chairman of the Board of Howmet Aerospace. At separation, Tolga Oal will serve as co-CEO with Mr. Plant. Mr. Oal currently serves as President of Arconic Engineered Structures, a global leader in highly engineered titanium and aluminum components for the aerospace and defense markets. Since February 2019, Mr. Plant has led the successful transformation of Arconic Inc., which has included improved profitability in 2019. Mr. Plant also has led the separation of Arconic Inc. into two independent, publicly traded companies – Howmet Aerospace Inc. and Arconic Corporation. Until separation, Mr. Plant will serve as sole Chief Executive Officer of Arconic Inc. and Mr. Oal will hold the title of Co-Chief Executive Officer Designate.