Alcoa Corporation ·AA

CEO directly oversees all core upstream profit leaders

Materials · Fortune #354 · Functional structure · 14K employees · Pittsburgh, Pennsylvania

View as of:
4
CEO span
↓ tighter than peers (avg 8)
1.25
Avg span
tight
3
Max depth
3 levels
3 yr
Avg tenure
↑ 1.0yr from FY2024
0%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$12.8B
Net income
$1.2B
Total assets
$16.1B
Shares out
264M

Sourced from Alcoa Corporation DEF 14A · filed 2026-03-19 ↗ View on SEC

Interactive org chart

Alcoa Corporation organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Alcoa’s structure is defined by a centralized, functional model in which the CEO directly oversees all core upstream profit leaders. This page maps the executive team, reporting lines, and governance context, and analyzes how Alcoa’s lean structure compares with global metals peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Andrew Hastings joined as Executive Vice President and General Counsel

Appointed EVP and General Counsel in 2024; relocation completed in 2025.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to accelerate automation and predictive maintenance across assets.
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The people

Who's running this

5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

William F. Oplinger

President and Chief Executive Officer

Executive

3 yr

5 reports

Molly S. Beerman

Executive Vice President and Chief Financial Officer

Finance

3 yr

0 reports

Matthew T. Reed

Executive Vice President and Chief Operations Officer

Operations

3 yr

0 reports

Andrew Hastings

Executive Vice President and General Counsel

Legal

2 yr

1 reports

Renato Bacchi

Executive Vice President and Chief Commercial Officer

Commercial

4 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

William F. Oplinger $14.0M
Base salary
$1.30M
Stock awards
$9.90M
Non-equity incentive
$2.31M
Pension change
$335K
Other
$155K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements

Executives and directors are subject to robust stock ownership guidelines.

The businesses

How Alcoa Corporation divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

Finance

500 employees

EVP & CFO (Molly S. Beerman)

Oversees financial reporting, capital allocation, treasury, and investor relations.

Operations

11K employees

EVP & COO (Matthew T. Reed)

Manages global bauxite, alumina, and aluminum operations with a focus on safety and reliability.

Commercial

600 employees

EVP & CCO (Renato Bacchi)

Leads global sales, marketing, and commodity risk management.

Legal & Governance

200 employees

EVP & General Counsel (Andrew Hastings)

Responsible for legal affairs, compliance, governance, and corporate secretary functions.

The thesis

Why this org is unusual

Alcoa’s most distinctive feature is that the CEO directly oversees all major upstream profit-driving functions without an intervening divisional CEO layer.

The CEO’s span includes finance, operations, legal, and commercial leadership, reflecting a tightly controlled functional model.

This structure mirrors Alcoa’s focus on asset optimization and cost discipline across bauxite, alumina, and aluminum. With only five direct reports, the organization remains relatively shallow, enabling centralized capital allocation and risk management. The presence of a dedicated COO underscores the operational intensity of the upstream metals business.

Compared with diversified materials peers, Alcoa maintains fewer business-unit presidents and relies more on functional coordination, which can improve consistency but concentrates decision-making at the top.

  • Centralized functional control
  • Limited divisional layering

The comparison

How Alcoa Corporation stacks up

Relative to peers such as Rio Tinto and Norsk Hydro, Alcoa operates with a leaner corporate center and fewer divisional CEOs. Many global mining peers employ semi-autonomous commodity presidents, while Alcoa retains tighter functional control. This approach reduces organizational complexity and aligns with Alcoa’s …

C-suite size

Alcoa Corporation
5
Rio Tinto
8
Norsk Hydro
7
BHP
9

Reporting depth

Alcoa Corporation
3 levels
Rio Tinto
5 levels
Norsk Hydro
5 levels
BHP
6 levels

Avg C-suite tenure

Alcoa Corporation
3 yr
Rio Tinto
5 yr
Norsk Hydro
6 yr
BHP
4 yr

Has COO / Has CAIO

Alcoa Corporation — no COO — no CAIO
Rio Tinto ✓ COO — no CAIO
Norsk Hydro — no COO — no CAIO
Freeport-McMoRan ✓ COO — no CAIO
BHP ✓ COO — no CAIO

Current signals

What changed recently

The most significant recent change was the appointment of an independent non-executive Chairman in 2025, reinforcing board oversight.

  • Date not confirmed new
    Andrew Hastings Executive Vice President and General Counsel

    Appointed EVP and General Counsel in 2024; relocation completed in 2025.

    Source
  • Date not confirmed reorg
    Board Leadership Non-Executive Chair

    Thomas J. Gorman appointed independent, non-executive Chairman in May 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-19
CEO
William F. Oplinger
CEO span
4
C-suite
5
Avg tenure
3 yr

Stable executive team following portfolio optimization actions.

Named executive officers (5)
  • William F. Oplinger - CEO since 2023
  • Molly S. Beerman - CFO since 2023
  • Matthew T. Reed - COO since 2023
  • Andrew Hastings - General Counsel since 2024
  • Renato Bacchi - Chief Commercial Officer since 2022
FY2024
DEF 14A filed 2025-03-19
CEO
William F. Oplinger
CEO span
4
C-suite
5
Avg tenure
2 yr

Post-acquisition integration of Alumina Limited.

Named executive officers (5)
  • William F. Oplinger - CEO since 2023
  • Molly S. Beerman - CFO since 2023
  • Matthew T. Reed - COO since 2023
  • Andrew Hastings - General Counsel since 2024
  • Renato Bacchi - Chief Commercial Officer since 2022
FY2023
DEF 14A filed 2024-03-19
CEO
William F. Oplinger
CEO span
3
C-suite
4
Avg tenure
1 yr

Early phase of new CEO leadership.

Named executive officers (4)
  • William F. Oplinger - CEO since 2023
  • Molly S. Beerman - CFO since 2023
  • Matthew T. Reed - COO since 2023
  • Renato Bacchi - Chief Commercial Officer since 2022

Year-over-year changes

FY2023 → FY2024

The addition of a new General Counsel expanded the CEO’s span and stabilized governance.

  • CEO span: 3 → 4
  • C-suite size: 4 → 5
  • Avg tenure: 1 → 2 yr
  • new Andrew Hastings - Executive Vice President and General Counsel (DEF 14A, Mar 2025)
FY2024 → FY2025

Executive team remained stable while board oversight was strengthened.

  • CEO span: 4 → 4
  • C-suite size: 5 → 5
  • Avg tenure: 2 → 3 yr
  • reorg Board Leadership - Non-Executive Chair (DEF 14A, Mar 2026)

The board

Board of directors

1 directors. 1 of 1 independent (100%). Source: most recent DEF 14A.

Thomas J. Gorman

Chair Independent

Non-Executive Chairman

Director since 2021 · Age 65

Frequently Asked Questions

Who is the CEO of Alcoa?

William F. Oplinger has served as President and CEO since 2023.

What type of organizational structure does Alcoa use?

Alcoa operates a centralized functional structure focused on upstream operations.

How many direct reports does Alcoa's CEO have?

The CEO has four direct reports on the executive leadership team.

How has Alcoa's leadership changed recently?

In 2025, Alcoa appointed an independent non-executive Chairman and continued to stabilize its executive team.

Does Alcoa have a COO?

Yes. Matthew T. Reed serves as Executive Vice President and Chief Operations Officer.

Sources

  • DEF 14A Filing, Mar 2025
  • Company Proxy Statement, 2025
  • SEC EDGAR: Alcoa Corporation DEF 14A Proxy Statement
  • SEC EDGAR: Alcoa Corporation 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Alcoa Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/alcoa/
MLA 9th
"Alcoa Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/alcoa/. Accessed .
Chicago 17
Creately. "Alcoa Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/alcoa/.
Original SEC source View on SEC ↗
Alcoa Corporation. DEF 14A. Filed 2026-03-19. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1675149/000119312526115997/aa-20260319.htm

Permanent URL: https://creately.com/org-chart/fortune-500/alcoa/ · last updated 2026-04-01

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