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Latest Klaus Kleinfeld Stories

2009-09-23 14:53:00

JunkScience warns public to be on look-out for Alcoa CEO Klaus Kleinfeld, the 'Carbon Villain' WASHINGTON, Sept. 23 /PRNewswire-USNewswire/ -- JunkScience.com announced today that it was taking its "Carbon Criminal" WANTED poster advertisement campaign to Pittsburgh for the G-20 economic summit. The campaign will protest the CEO of Pittsburgh-based Alcoa, Klaus Kleinfeld, who is lobbying for the Waxman-Markey cap-and-trade legislation that will wreck the U.S. economy. "Klaus Kleinfeld...

2009-09-11 09:00:00

WASHINGTON, Sept. 11 /PRNewswire-USNewswire/ -- The U.S.-Russia Business Council (USRBC) announces the appointment of Klaus Kleinfeld, President and CEO of Alcoa Inc., as the Council's new Chairman effective September 25 following the Council's Annual Meeting in New York City. Mr. Kleinfeld succeeds Neville Isdell, who has held the position since 2004 and is stepping down following his retirement as Chairman and CEO of the Coca-Cola Company. "This is both a promising and challenging time...

2009-01-07 08:30:22

U.S. industrial giant Alcoa Inc. said it would reduce smelting output 18 percent and close out 13,500 jobs due to the economic downturn. These are extraordinary times, requiring speed and decisiveness, Alcoa President and Chief Executive Officer Klaus Kleinfeld said in a statement. We are taking a wide-ranging set of aggressive, but prudent, measures, he said. Alcoa said it would enact a hiring and salary freeze through the year and sell four non-core businesses. In addition, the company...

2008-11-13 18:00:15

Alcoa (NYSE:AA) announced today that its board of directors has appointed Patricia F. Russo, 56, a director of the company effective immediately. Ms. Russo is the former chief executive officer of Alcatel-Lucent, the world's leading communication solutions provider formed in 2006 by the merger of Alcatel in France and Lucent in the U.S. Prior to the combination of Alcatel and Lucent, she was Chairman and Chief Executive Officer of Lucent. She will stand for re-election at the next...

2008-10-11 03:00:16

Alcoa reaffirmed its commitment to the pursuit of a sustainable future today, drawing a clear connection between environmental sustainability, through efficiency and conservation, and economic sustainability in the current climate. Speaking at the Alcoa Foundation's worldwide Advancing Sustainability conference in Barcelona, Spain, Alcoa President and CEO Klaus Kleinfeld said for Alcoa, operating in a sustainable way was as much about ensuring a solid economic future as a secure...

2008-10-11 03:00:16

Aluminum producer Alcoa Inc. said its third-quarter earnings plunged 52 percent because of sharply lower prices, weaker demand and higher costs. It missed analysts' earnings expectations of 50 cents per share. The Pittsburgh-based company earned $268 million, or 33 cents per share, for the three months that ended Sept. 30. That compares with $555 million, or 63 cents, a year earlier. This amount included a net gain of 25 cents per share for Alcoa's sale of its stake in Aluminum Corporation...

2008-10-09 00:00:30

Alcoa Inc. reported Tuesday a 52-percent drop in third-quarter profits and said it will conserve cash by suspending its stock- buyback program and all non-critical capital projects. Alcoa, the first component of the Dow Jones Industrial Average to report earnings, said results were hurt by sharply lower aluminum prices, weaker demand and a charge from curtailing production at a Texas smelter. The company reported earnings of $268 million, or 33 cents per share, for the three months ended...

2008-10-01 09:00:31

Alcoa (NYSE:AA), the company that created the modern aluminum industry, today marked its 120th anniversary with the launch of a website (www.alcoa.com/history) celebrating the Company's progress since October 1, 1888, the day it was incorporated as The Pittsburgh Reduction Company in Pittsburgh, PA. The new website features interactive displays showing how Alcoa has been inventing the future since 1888. Since its founding day, Alcoa has grown from a spark of innovation to become the...

2008-09-30 15:00:00

Alcoa (NYSE:AA) announced today that October is the start of the company's third annual Month of Service (MOS) when more than 16,000 Alcoa volunteers across the globe joining with their families, neighbors and community groups to undertake over 450 community projects in 25 countries. In 2007, Alcoa volunteers gave 634,000 hours of voluntary service - the equivalent of more than 362 people working full-time. "Alcoa's Month of Service is about achieving sustainable positive impact...

2008-09-29 09:00:00

Alcoa (NYSE:AA) announced today that it has been named to the Carbon Disclosure Project (CDP) Carbon Disclosure Leadership Index for the sixth consecutive year. This index, a key component of CDP's annual Global 500 Report, highlights companies within the FTSE Global 500 Index that have displayed the most proficient approach to corporate governance in regards to climate change disclosure practices. The CDP represents 385 global institutional investors with $57 trillion in assets under...


Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'