NEW YORK(Commodity Online): Alcoa's new Latin American and Caribbean (LA and C ) regional headquarters will be led by two top executives-- Franklin L. (Frank) Feder and Marcos Ramos-- to accelearte the growth of the region.
Frank will become Regional Chief Executive Officer of Latin American & Caribbean and will lead the new LA&C headquarters, reporting to Alcoa Chairman and CEO Klaus Kleinfeld. Feder will oversee a Latin America Regional Council that will bring together all Alcoa business groups in a focused effort to drive the Company’s growth agenda. Feder was most recently President, Global Primary Products LA&C.
“Brazil has long been an important region to Alcoa, particularly in our upstream businesses, but with Brazil’s rapidly growing economy, its strategic importance to Alcoa extends beyond our Global Primary Product business,” said Klaus Kleinfeld, Alcoa Chairman and Chief Executive Officer.
“Frank is the ideal leader for this regional effort. During his 21-year Alcoa career, he has developed strong relationships inside and outside the Company that will enable him to guide and oversee the execution of our portfolio and market strategies in the region,” said Kleinfeld.
Succeeding Feder is Marcos Ramos who is appointed President, Global Primary Products, Latin America & Caribbean. He will oversee all of Global Primary Products businesses in the region, and report to Chris Ayers, Executive Vice President, and Group President Global Primary Products. Ramos was most recently President of Alcoa Europe and Global Primary Products Europe.
“In his role as the European Regional President, Marcos has clearly shown an ability to handle multinational and multicultural complexities,” said Chris Ayers. “Marcos and his team have successfully moved the region into one of Alcoa’s most efficient Primary regions worldwide. We’re confident that he will take our Latin America & Caribbean Primary Products operations to the next level.”
