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 MONTREAL, Sept. 23 /PRNewswire/ -- Alcan Aluminium Limited (NYSE: AL) announced today organizational changes aimed at building its long-term profitability in the changing market conditions that face the world aluminum industry.
 In announcing these changes, Chairman and Chief Executive Officer David Morton said, "Following a year-long study of both the world aluminum outlook and Alcan's position, two things became clear. One is that aluminum is a growing business and a good one to be in, provided that you are a really low-cost producer -- and we have taken some big steps in that direction over the past two or three years. The other is that Alcan has the assets and the skills to be an even lower-cost producer, by focusing on those businesses where it has a competitive edge. Our overall objective is to earn an attractive return, even at what have hitherto been regarded as very low price levels. The new organization is aimed at helping us turn that objective into a reality over the coming months and years."
 The following organizational changes will be made with effect from Nov. 1, 1993.
 In order to ensure management continuity during the implementation of the changes, David Morton has elected to relinquish the responsibilities of chief executive, a year before normal retirement. The board of directors has accepted David Morton's recommendation but has requested that he continue as chairman of the board.
 The board of directors has approved the appointment of Jacques Bougie, 46, currently president and chief operating officer as president and CEO.
 In order to combine Alcan's international strengths and presence with the need to serve increasingly global markets, Group operations worldwide will be organized, with one exception, on a product sector basis. In line with this, the following appointments are announced, with effect from Nov. 1, 1993:
 Robert L. Ball, 47, as executive vice president, responsible for rolled products, North America.
 Claude Chamberland, 53, as executive vice president, responsible for smelting and power operations worldwide.
 Robert J. Fox, 57, as executive vice president, responsible for raw materials worldwide.
 S. Bruce Heister, 55, as executive vice president, responsible for Alcan's interests in the Asia-Pacific region.
 Everaldo N. Santos, 54, as executive vice president, responsible for fabricated products worldwide, other than rolled products.
 Reinhold Wagner, 61, as executive vice president, responsible for rolled products, Europe.
 After 12 years as chief financial officer, Allan A. Hodgson, vice president and a director of the company, has decided to leave Alcan to pursue his career interests elsewhere. The board has acceded to his wishes and accepted his resignation as a director with effect from Nov. 1, 1993. He will be succeeded as vice president and chief financial officer by Suresh Thadhani, 54, currently Alcan's controller.
 Also, Emery Leblanc, 52, currently vice president, operations of Alcan Smelters and Chemicals Ltd, is appointed vice president, research and technology, succeeding Robert J. Fox.
 The other corporate vice presidents of the company will maintain their existing responsibilities.
 In accepting his position as CEO, Jacques Bougie said, "Over the past year, we have examined critically every aspect of our industry and our company. Our aim was to create a practical strategy for long-term profitability in the changed conditions we see ahead. We will concentrate on further improving our position as one of the lowest cost aluminum producers in the world. We will also take advantage of our leadership position in some of the key world markets and will ensure that each activity or business will create value for our shareholders. The outlook is a challenging one, but I believe we have both the resources and the determination to succeed."
 -0- 09/23/93
 /CONTACT: Charles Belbin of Alcan Aluminium Limited, 514-848-8232/

CO: Alcan Aluminium Limited ST: Quebec IN: MNG SU: PER

TS -- NY085 -- 5410 09/23/93 17:12 EDT
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Publication:PR Newswire
Date:Sep 23, 1993

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