23 FEBRUARY 2016Alcoa Press Release
Alcoa named world’s most admired metals company by Fortune Magazine
Edited by : AL CIRCLE
2 min read
For the fifth consecutive year, lightweight metals engineering and manufacturing leader Alcoa has been named the most admired metals company by Fortune magazine in its annual ranking on corporate reputation. Alcoa has been on Fortune’s Most Admired List since the publication began the annual ranking more than 30 years ago.
In addition, Alcoa received top scores in all key attributes: innovation, people management, social responsibility, use of corporate assets, quality of management, financial soundness, long-term investment value, quality of products and services, and global competitiveness.
“This award is a credit to our talented employees around the world,” said Alcoa Chairman and Chief Executive Officer Klaus Kleinfeld. “Alcoa employees everywhere continue to work tirelessly to ensure our businesses are leaders in their markets. Through their work, we are successfully positioned to launch two strong standalone companies later this year.”
As previously announced, Alcoa plans to separate into two, industry-leading publicly traded companies in the second half of 2016. The Upstream company will comprise five strong business units that today make up Global Primary Products: Bauxite, Alumina, Aluminium, Cast Products and Energy; the innovation and technology-driven Value-Add company will include the Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions businesses.
The Most Admired ranking is based on surveys of executives, analysts, and directors who rate companies in their own industries.
The complete list of the World’s Most Admired Companies and related articles will appear in Fortune’s March issue, which will hit newsstands on February 22. The listing is also available online.
In addition, Alcoa received top scores in all key attributes: innovation, people management, social responsibility, use of corporate assets, quality of management, financial soundness, long-term investment value, quality of products and services, and global competitiveness.
“This award is a credit to our talented employees around the world,” said Alcoa Chairman and Chief Executive Officer Klaus Kleinfeld. “Alcoa employees everywhere continue to work tirelessly to ensure our businesses are leaders in their markets. Through their work, we are successfully positioned to launch two strong standalone companies later this year.”
As previously announced, Alcoa plans to separate into two, industry-leading publicly traded companies in the second half of 2016. The Upstream company will comprise five strong business units that today make up Global Primary Products: Bauxite, Alumina, Aluminium, Cast Products and Energy; the innovation and technology-driven Value-Add company will include the Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions businesses.
The Most Admired ranking is based on surveys of executives, analysts, and directors who rate companies in their own industries.
The complete list of the World’s Most Admired Companies and related articles will appear in Fortune’s March issue, which will hit newsstands on February 22. The listing is also available online.
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