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Alcoa Congratulates Paul O'Neill on Nomination as U.S. Secretary of the Treasury.


Business Editors

PITTSBURGH--(BUSINESS WIRE)--Dec. 20, 2000

Alcoa today welcomed the decision by President-elect George W. Bush to nominate outgoing Alcoa Chairman and former-CEO Paul H. O'Neill as the next Secretary of the Treasury of the United States SECRETARY OF THE TREASURY OF THE UNITED STATES, government. An officer appointed by the president. His principal duties are, 1. To superintend the collection of the revenue. 2. To digest, prepare, and lay before congress at the commencement of every session, a report on the subject of .

"We congratulate Paul and wish him the best in his future role as head of the Department of the Treasury," said Alcoa CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Alain Belda. "His uncompromising integrity and profound intellect will serve the country well. As a businessman his commitment to fiscal responsibility and sustaining profitable growth has always gone hand-in-hand with his deep-seated devotion to social and environmental responsibility. The American people An American people may be:
  • any nation or ethnic group of the Americas
  • see Demographics of North America
  • see Demographics of South America
 have gained a valued and committed public servant."

During his tenure at Alcoa, Mr. O'Neill oversaw o·ver·saw  
v.
Past tense of oversee.
 a period of unprecedented and extraordinary growth for the company. Mr. O'Neill institutionalized in·sti·tu·tion·al·ize  
tr.v. in·sti·tu·tion·al·ized, in·sti·tu·tion·al·iz·ing, in·sti·tu·tion·al·iz·es
1.
a. To make into, treat as, or give the character of an institution to.

b.
 Alcoa's core values of protecting the health and safety of its workers and the well-being of the environment in which they live.
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 20, 2000
Words:154
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