News 

Alcoa announced that its Board of Directors has elected L. Rafael Reif a director of the Company effective March 2, 2015. Dr. Reif, 63, is president of the Massachusetts Institute of Technology (MIT), the world renowned educational institution of science and technology. He has been a faculty member of MIT for more than 30 years. "In addition to leading one of the world’s most acclaimed academic institutions, Dr. Reif is a respected international authority on innovative material science and advanced manufacturing technologies,” said Alcoa Chairman and CEO Klaus Kleinfeld. “His expertise and counsel will be invaluable as Alcoa invests in digitization, automation and robotics to enhance the competitiveness of our expanding multi-material, value-add business portfolio.” Dr. Reif holds a doctorate and a master of science degree in electrical engineering from Stanford University and received his bachelor's of science degree from Universidad de Carabobo, Venezuela.