NEW YORK CITY (dpa-AFX) - Alcoa (AA) announced that Christian Jepsen will join the company as Vice President, Corporate Development this summer. He will be responsible for developing and implementing Alcoa's portfolio growth strategies, including merger and acquisition, and divestiture activities. Jepsen will also serve on the Alcoa Executive Council, the senior leadership team that sets strategic direction for the company.
Jespen comes to Alcoa from FLSmidth, a global engineering company headquartered in Copenhagen, Denmark, that serves the cement and minerals industries. His most recent position was Group Executive Vice President and CEO of the company's $3 billion global minerals business. During his 22 years with FLSmidth, he has served as Chief Financial Officer in several of the company's larger businesses both in Denmark and the U.S. Since 2000, he has led businesses and served in senior executive positions for FLSmidth's operations in the U.S. and globally.
George King, Managing Director and Vice President for Corporate Development, will continue to serve in a key leadership role within the group, including overseeing major transactions on behalf of the company. He will report to Jepsen.
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