07 March 2011

Alcan EP appoints Arnaud de Weert as Chief Operating Officer

Paris - Alcan Engineered Products, a global leader in aluminum-based value-added solutions, announces today the appointment of Arnaud de Weert as Chief Operating Officer. In this position, Arnaud de Weert will supervise the three Business Units - Global ATI, Specialty Sheet and Extrusions & Automotive Structures - as well as the Procurement and EHS (Environment, Health and Safety) functions.

"Now that Alcan EP is a standalone company, we have undertaken a major transformation program to embark on a sustainable future. This goes through completing a successful carve out from Rio Tinto Alcan, improving our operational performance in order to enhance significantly our profitability, while structuring a highly performing standalone organization and building the foundations for successful and profitable growth. Arnaud will be focused on the execution of this transformation", commented Christel Bories, Chief Executive Officer of Alcan EP.

Arnaud has worked with Alcan EP for several months now and has a good understanding of the company’s challenges and opportunities. He has a strong experience of change management and transformation programs, and a great knowledge of the aluminum industry”, Christel added.

Arnaud de Weert joins Alcan EP from Apollo Management, a US private equity company where he was an Operating Partner focused on the aluminum sector. Before working with Apollo, Arnaud was Senior Vice President of Novelis Inc. and President of Novelis’ European operations, based in Zurich (Switzerland). He has a strong track record in commercial and operational roles, focused on profitable growth and productivity. He has spent most of his career at companies like the toolmakers Stanley Works, where he was the President EMEA and the low voltage division of General Electric in the role of Vice President Marketing and Sales.

About Alcan Engineered Products

Alcan Engineered Products is a global sector-leader strongly committed to developing innovative, value-added aluminium products for a broad range of markets and applications, including aerospace, mass transportation, automotive, packaging, energy and building. With over 9,000 employees located in over 26 countries and a commercial presence in more than 60 markets worldwide, Alcan Engineered Products is organised around businesses dedicated to performance materials in the areas of aluminium rolled products, extrusions and automotive structures, and international trade.

Headquartered in Paris, France, Alcan Engineered Products is owned by Apollo Management (51%), Rio Tinto (39%) and Fonds Stratégique d’Investissements FSI (10%).

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