Alcoa's Belda Retiring

Summary


PITTSBURGH - Alcoa Inc. said Wednesday executive chairman and former CEO Alain Belda will retire as an executive of the aluminum company effective Saturday, but will continue as board chairman until his term expires next year.

The Pittsburgh-based company said in a regulatory filing it expects CEO Klaus Kleinfeld to succeed Belda as chairman under a plan first disclosed in 2007.

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Alcoa's Belda Retiring

Kleinfe...

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