October 15, 2021 - Howmet Aerospace Inc., Pittsburgh, announced that John C. Plant, executive chairman and co-chief executive officer, will assume the position of sole chief executive officer and continue in his role as executive chairman of the board of directors. Plant has elected to remain with Howmet Aerospace past his previously expected departure date so he can continue to lead the Company through the aerospace market upturn. Tolga I. Oal, co-chief executive officer, has departed the company to pursue other opportunities.
James F. Albaugh, the board of directors’ independent lead director, explains: “The board of directors is delighted that John has elected to stay and lead the organization continuing to shape and lock in the culture he and his executive team have created. 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.”