OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor AAI ASX

ALCOA CORPORATION

Producer · Bauxite · Others · Australia · Brazil · Guinea · Spain · Canada · Iceland · Norway · United States · Saudi Arabia Rating locked: sign in to view v8.1 · aai-20261030t224404-full
Last 2026-11-06
A$55.94
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$14.8B
EV
A$15.2B
Cash
US$4.4B
Debt
US$4.8B

People, delivery and responsibility

Management background checks

Evidence through 2026-10-31

Research assessment

Executive team

Rating locked: sign in to viewTeam rating and score are available to subscribers

Preliminary, incomplete public-source screening: Alcoa leaders have disclosed relevant professional experience. The review identified company-level fatalities and environmental undertakings, and two civil proceedings naming the CEO, with important limits on individual attribution. Full person-specific and prior-employer diligence remains outstanding.

Decision-relevant facts

Material summary

Individual involvement and employer context shown separately

William F. Oplinger

President and Chief Executive Officer

Current
Company SuccessIssuer Reported · Medium materiality

Q3 2026 company results

Alcoa reported third-quarter 2026 revenue of US$3.704 billion and net income attributable to the company of US$483 million, compared with US$232 million in the year-earlier quarter. Management attributes the sequential change partly to mark-to-market gains, costs and commodity prices.

Role overlaps event; causation unproven · Company-level financial result; no executive-specific causal contribution has been established.

Third Quarter 2026 Results · Financial highlights and quarter discussion
SafetyIssuer Reported · High materiality

Two Alumar workplace fatalities

Alcoa reported a maintenance employee fatality at its Alumar smelter in July 2025, followed by a separate September 2026 employee death that the company determined was work-related. In October 2026 Alcoa said its internal investigation into the latter was complete while it cooperated with partner and authority investigations.

Role overlaps event; causation unproven · The events occurred during executive tenure; sources do not establish personal fault or an individual breach.

Fatal Incident at Alumar · Incident statement
Statement on Alumar Fatality Investigation · 14 October 2026 investigation statement
EnvironmentDocumented · High materiality

Huntly clearing undertakings and regulatory transition

The Australian federal government reported A$55 million in enforceable undertakings relating to historical Huntly land clearing. The minister explicitly said this was not a court-imposed penalty. On 29 October 2026 the WA government announced tighter conditions under a transitional framework while the independent EPA assessment continued.

Role overlaps event; causation unproven · Roles overlap part of the period; no individual participation in, or personal responsibility for, the clearing was established.

Interview with Oliver Peterson · Minister response on undertakings and non-court characterization
State Government strengthens regulatory arrangements for Alcoa · 29 October 2026 conditions and independent assessment
LegalAlleged · High materiality

Camire pension litigation and appeal

Oplinger is among defendants in a pension fiduciary-duty lawsuit. The district court dismissed the suit in March 2025 for lack of standing and denied a motion to amend in February 2026. Plaintiffs appealed; the public docket reviewed recorded filings through August 2026. No later appellate outcome was located in this review.

Individual involvement documented · He is named as a defendant; dismissal was on standing, not an adjudication of the allegations. Allegations do not establish misconduct.

Camire v Alcoa memorandum opinion and order · Pages 1–2, background and procedural history
Camire v Alcoa appeal docket · Case parties and August 2026 docket
LegalDisputed · High materiality

Arconic securities class settlement

Oplinger was among defendants named in Howard v Arconic, a securities action alleging misleading statements related to Reynobond PE. The court approved a US$74 million settlement in 2023. Defendants denied the allegations.

Individual involvement documented · The notice names him as a defendant, but the settlement is not a finding of personal wrongdoing or a determination of the merits.

Arconic notice of proposed settlement · Page 1, defendant list and settlement; notice describing allegations
Arconic Securities Settlement · Case, denials and final settlement
Evidence gaps · 6
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • Camire appeal docket last available through 27 August 2026; a later appellate decision was not established.
  • The underlying partner and regulatory investigation reports into the 2025 and 2026 Alumar deaths were not obtained.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

William F. Oplinger

President and Chief Executive Officer

Career chronology

Contributions and company outcomes

Q3 2026 company results

Q3 2026 · issuer reported · medium materiality

Alcoa reported third-quarter 2026 revenue of US$3.704 billion and net income attributable to the company of US$483 million, compared with US$232 million in the year-earlier quarter. Management attributes the sequential change partly to mark-to-market gains, costs and commodity prices.

Attribution: Role overlaps event; causation unproven. Company-level financial result; no executive-specific causal contribution has been established.

Relevance: Evidence of the operating and financial context, not a personal track-record attribution.

Third Quarter 2026 Results (Financial highlights and quarter discussion)

Industrial safety

Two Alumar workplace fatalities

July 2025 and September 2026 · issuer reported · high materiality

Alcoa reported a maintenance employee fatality at its Alumar smelter in July 2025, followed by a separate September 2026 employee death that the company determined was work-related. In October 2026 Alcoa said its internal investigation into the latter was complete while it cooperated with partner and authority investigations.

Attribution: Role overlaps event; causation unproven. The events occurred during executive tenure; sources do not establish personal fault or an individual breach.

Relevance: Material safety and operational oversight context.

Fatal Incident at Alumar (Incident statement); Statement on Alumar Fatality Investigation (14 October 2026 investigation statement)

Environmental record

Huntly clearing undertakings and regulatory transition

Clearing 2019–2025; regulatory actions 2026 · documented · high materiality

The Australian federal government reported A$55 million in enforceable undertakings relating to historical Huntly land clearing. The minister explicitly said this was not a court-imposed penalty. On 29 October 2026 the WA government announced tighter conditions under a transitional framework while the independent EPA assessment continued.

Attribution: Role overlaps event; causation unproven. Roles overlap part of the period; no individual participation in, or personal responsibility for, the clearing was established.

Relevance: Material evidence of permitting and environmental management risk.

Interview with Oliver Peterson (Minister response on undertakings and non-court characterization); State Government strengthens regulatory arrangements for Alcoa (29 October 2026 conditions and independent assessment)

Litigation and enforcement

Camire pension litigation and appeal

2024–2026 · alleged · high materiality

Oplinger is among defendants in a pension fiduciary-duty lawsuit. The district court dismissed the suit in March 2025 for lack of standing and denied a motion to amend in February 2026. Plaintiffs appealed; the public docket reviewed recorded filings through August 2026. No later appellate outcome was located in this review.

Attribution: Individual involvement documented. He is named as a defendant; dismissal was on standing, not an adjudication of the allegations. Allegations do not establish misconduct.

Relevance: Material governance and litigation context with unresolved appeal status.

Camire v Alcoa memorandum opinion and order (Pages 1–2, background and procedural history); Camire v Alcoa appeal docket (Case parties and August 2026 docket)

Arconic securities class settlement

2013–2017 alleged period; settlement approved 2023 · disputed · high materiality

Oplinger was among defendants named in Howard v Arconic, a securities action alleging misleading statements related to Reynobond PE. The court approved a US$74 million settlement in 2023. Defendants denied the allegations.

Attribution: Individual involvement documented. The notice names him as a defendant, but the settlement is not a finding of personal wrongdoing or a determination of the merits.

Relevance: Relevant historical litigation and governance context.

Arconic notice of proposed settlement (Page 1, defendant list and settlement; notice describing allegations); Arconic Securities Settlement (Case, denials and final settlement)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: William F. Oplinger has documented experience relevant to president and chief executive officer. Alcoa CFO November 2016 to January 2023 and COO February to September 2023; joined legacy Alcoa in 2000. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

2025 Annual Report on Form 10-K (Executive officers: Oplinger); 2025 Annual Report on Form 10-K (Executive officers: Oplinger)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • Camire appeal docket last available through 27 August 2026; a later appellate decision was not established.

  • The underlying partner and regulatory investigation reports into the 2025 and 2026 Alumar deaths were not obtained.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Molly S. Beerman

Executive Vice President and Chief Financial Officer

Current
Company SuccessIssuer Reported · Medium materiality

Q3 2026 company results

Alcoa reported third-quarter 2026 revenue of US$3.704 billion and net income attributable to the company of US$483 million, compared with US$232 million in the year-earlier quarter. Management attributes the sequential change partly to mark-to-market gains, costs and commodity prices.

Role overlaps event; causation unproven · Company-level financial result; no executive-specific causal contribution has been established.

Third Quarter 2026 Results · Financial highlights and quarter discussion
Evidence gaps · 4
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Molly S. Beerman

Executive Vice President and Chief Financial Officer

Career chronology

  • Through 31 October 2026: Alcoa Corporation — Executive Vice President and Chief Financial Officer. 2025 Annual Report on Form 10-K (Executive officers: Beerman)

Education and qualifications

Reported finance qualification

Before 2026 · issuer reported · low materiality

Alcoa states that Beerman is a certified public accountant with a BS in business administration and accounting from Duquesne University.

Attribution: Responsibility not applicable. Qualification is company-reported and not independently checked with the awarding institution or licensing authority.

Relevance: Relevant to finance leadership; does not demonstrate performance.

Molly Beerman biography (Biography, qualifications)

Contributions and company outcomes

Q3 2026 company results

Q3 2026 · issuer reported · medium materiality

Alcoa reported third-quarter 2026 revenue of US$3.704 billion and net income attributable to the company of US$483 million, compared with US$232 million in the year-earlier quarter. Management attributes the sequential change partly to mark-to-market gains, costs and commodity prices.

Attribution: Role overlaps event; causation unproven. Company-level financial result; no executive-specific causal contribution has been established.

Relevance: Evidence of the operating and financial context, not a personal track-record attribution.

Third Quarter 2026 Results (Financial highlights and quarter discussion)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Molly S. Beerman has documented experience relevant to executive vice president and chief financial officer. Alcoa controller 2016–2023; earlier finance roles at Alcoa and Pittsburgh Foundation. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

2025 Annual Report on Form 10-K (Executive officers: Beerman); Molly Beerman biography (Career history)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Renato Bacchi

Executive Vice President and Chief Commercial Officer

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 4
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Renato Bacchi

Executive Vice President and Chief Commercial Officer

Career chronology

  • Through 31 October 2026: Alcoa Corporation — Executive Vice President and Chief Commercial Officer. 2025 Annual Report on Form 10-K (Executive officers: Bacchi)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Renato Bacchi has documented experience relevant to executive vice president and chief commercial officer. Alcoa strategy and innovation roles 2022–2023, treasurer 2016–2022; joined legacy Alcoa in Brazil in 1997. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

2025 Annual Report on Form 10-K (Executive officers: Bacchi); 2025 Annual Report on Form 10-K (Executive officers: Bacchi)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Andrew Hastings

Executive Vice President and General Counsel

Current
EnvironmentDocumented · High materiality

Alcaparrosa sinkhole during Lundin tenure

Lundin subsidiary Ojos del Salado experienced a sinkhole near Alcaparrosa mine in July 2022. In January 2025 Chile’s environmental authority ordered permanent closure and fines. Lundin reported a September 2025 civil decision requiring backfilling, aquifer recharge, monitoring and local water infrastructure; it said it would work with authorities while considering next steps.

Role overlaps event; causation unproven · Hastings was Lundin general counsel at the time of the event but had left before the 2025 decisions; no personal role in causing the incident is established.

2025 Annual Report on Form 10-K · Executive officers: Hastings tenure
Alcaparrosa closure and penalty · 30 January 2025 sanctions
Lundin reports on civil claim concerning Alcaparrosa · 7 September 2025 remediation decision
Personal SuccessDocumented · Medium materiality

In-house legal representation on Caserones purchase

Cassels reported Lundin completed its 51% acquisition of Caserones in July 2023 and identified Hastings as Lundin’s internal legal representative.

Individual involvement documented · Independent transaction counsel identifies his internal legal role, but does not quantify his individual contribution or later investment outcome.

Lundin completes Caserones acquisition · Transaction and Lundin internal counsel
Evidence gaps · 6
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • A final outcome of subsequent Alcaparrosa challenges and implementation of remediation was not established.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.
  • Lundin’s Alcaparrosa record and transaction were reviewed, but the former employer’s full incident and legal history was not comprehensively searched.

Full background report

Andrew Hastings

Executive Vice President and General Counsel

Career chronology

  • Through 31 October 2026: Alcoa Corporation — Executive Vice President and General Counsel. 2025 Annual Report on Form 10-K (Executive officers: Hastings)

  • Before joining Alcoa: Lundin Mining — Lundin Mining senior vice president and general counsel from February 2019 to August 2023; earlier legal and commercial roles at Barrick Gold.. 2025 Annual Report on Form 10-K (Executive officers: Hastings)

Personal achievements

In-house legal representation on Caserones purchase

July 2023 · documented · medium materiality

Cassels reported Lundin completed its 51% acquisition of Caserones in July 2023 and identified Hastings as Lundin’s internal legal representative.

Attribution: Individual involvement documented. Independent transaction counsel identifies his internal legal role, but does not quantify his individual contribution or later investment outcome.

Relevance: Relevant transactional legal experience.

Lundin completes Caserones acquisition (Transaction and Lundin internal counsel)

Environmental record

Alcaparrosa sinkhole during Lundin tenure

2022; actions in 2025 · documented · high materiality

Lundin subsidiary Ojos del Salado experienced a sinkhole near Alcaparrosa mine in July 2022. In January 2025 Chile’s environmental authority ordered permanent closure and fines. Lundin reported a September 2025 civil decision requiring backfilling, aquifer recharge, monitoring and local water infrastructure; it said it would work with authorities while considering next steps.

Attribution: Role overlaps event; causation unproven. Hastings was Lundin general counsel at the time of the event but had left before the 2025 decisions; no personal role in causing the incident is established.

Relevance: Prior-employer environmental and legal outcome relevant to evaluation of legal oversight.

2025 Annual Report on Form 10-K (Executive officers: Hastings tenure); Alcaparrosa closure and penalty (30 January 2025 sanctions); Lundin reports on civil claim concerning Alcaparrosa (7 September 2025 remediation decision)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Andrew Hastings has documented experience relevant to executive vice president and general counsel. Lundin Mining senior vice president and general counsel from February 2019 to August 2023; earlier legal and commercial roles at Barrick Gold. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

2025 Annual Report on Form 10-K (Executive officers: Hastings); 2025 Annual Report on Form 10-K (Executive officers: Hastings)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • A final outcome of subsequent Alcaparrosa challenges and implementation of remediation was not established.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

  • Lundin’s Alcaparrosa record and transaction were reviewed, but the former employer’s full incident and legal history was not comprehensively searched.

Tammi A. Jones

Executive Vice President and Chief Human Resources Officer

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 4
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Tammi A. Jones

Executive Vice President and Chief Human Resources Officer

Career chronology

  • Through 31 October 2026: Alcoa Corporation — Executive Vice President and Chief Human Resources Officer. 2025 Annual Report on Form 10-K (Executive officers: Jones)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Tammi A. Jones has documented experience relevant to executive vice president and chief human resources officer. Alcoa compensation and organisational effectiveness roles 2017–2020; joined legacy Alcoa in 2006. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

2025 Annual Report on Form 10-K (Executive officers: Jones); 2025 Annual Report on Form 10-K (Executive officers: Jones)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Matthew T. Reed

Executive Vice President and Chief Operations Officer

Current
Company SuccessIssuer Reported · Medium materiality

Q3 2026 company results

Alcoa reported third-quarter 2026 revenue of US$3.704 billion and net income attributable to the company of US$483 million, compared with US$232 million in the year-earlier quarter. Management attributes the sequential change partly to mark-to-market gains, costs and commodity prices.

Role overlaps event; causation unproven · Company-level financial result; no executive-specific causal contribution has been established.

Third Quarter 2026 Results · Financial highlights and quarter discussion
SafetyIssuer Reported · High materiality

Two Alumar workplace fatalities

Alcoa reported a maintenance employee fatality at its Alumar smelter in July 2025, followed by a separate September 2026 employee death that the company determined was work-related. In October 2026 Alcoa said its internal investigation into the latter was complete while it cooperated with partner and authority investigations.

Role overlaps event; causation unproven · The events occurred during executive tenure; sources do not establish personal fault or an individual breach.

Fatal Incident at Alumar · Incident statement
Statement on Alumar Fatality Investigation · 14 October 2026 investigation statement
EnvironmentDocumented · High materiality

Huntly clearing undertakings and regulatory transition

The Australian federal government reported A$55 million in enforceable undertakings relating to historical Huntly land clearing. The minister explicitly said this was not a court-imposed penalty. On 29 October 2026 the WA government announced tighter conditions under a transitional framework while the independent EPA assessment continued.

Role overlaps event; causation unproven · Roles overlap part of the period; no individual participation in, or personal responsibility for, the clearing was established.

Interview with Oliver Peterson · Minister response on undertakings and non-court characterization
State Government strengthens regulatory arrangements for Alcoa · 29 October 2026 conditions and independent assessment
FailureDocumented · Medium materiality

Arrium administration during mining leadership tenure

Arrium entered voluntary administration in April 2016 and creditors approved the sale of its steel and mining businesses to Liberty House in July 2017. OZ Minerals’ annual report records Reed held prior executive roles at Arrium; contemporaneous reporting identifies him as Arrium mining management in April 2016.

Role overlaps event; causation unproven · Reed was a mining executive during the administration; the evidence does not establish that he caused the group insolvency.

2022 Annual Report and Sustainability Review · Management profile: Matt Reed
Arrium sale: creditors approve Liberty House bid · Administration and creditor-approved sale
2015 Annual Report · Page 46, Mining Chief Executive Matthew Reed
SafetyIssuer Reported · High materiality

Prominent Hill fatality shortly after OZ appointment

OZ Minerals and contractor Byrnecut reported a worker was fatally injured underground at Prominent Hill on 5 September 2021; operations were temporarily suspended and South Australia Police and SafeWork SA began investigations. The 2022 annual report lists Reed as operations executive appointed 1 September 2021 and responsible for operational performance, including Prominent Hill. The later outcome of those investigations was not found.

Role overlaps event; causation unproven · The disclosed operations role began four days earlier; no evidence establishes individual fault or that Reed caused the incident.

Prominent Hill incident notification · 6 September 2021 incident announcement
2022 Annual Report and Sustainability Review · 2022 management profile, Matt Reed appointment and scope
SafetyDocumented · Medium materiality

2018 Tahmoor shaft incident at SIMEC Mining

At SIMEC Mining’s Tahmoor colliery, two workers were trapped in a shaft conveyance on 5 September 2018 and rescued around nine hours later. The NSW Resources Regulator issued a causal investigation describing mechanical causes and safety lessons.

Role overlaps event; causation unproven · Reed was SIMEC Mining COO during the period according to Alcoa, but the reviewed records do not establish his personal role in the incident.

Evidence gaps · 8
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • Independent records establishing Reed’s individual responsibility, if any, for the Arrium collapse were not found.
  • The underlying partner and regulatory investigation reports into the 2025 and 2026 Alumar deaths were not obtained.
  • No final police or SafeWork SA investigation outcome for the 5 September 2021 Prominent Hill fatality was obtained.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.
  • Prior-employer searches focused on selected Arrium, OZ Minerals and SIMEC events; other employers and remaining incidents were not comprehensively screened.

Full background report

Matthew T. Reed

Executive Vice President and Chief Operations Officer

Career chronology

Contributions and company outcomes

Q3 2026 company results

Q3 2026 · issuer reported · medium materiality

Alcoa reported third-quarter 2026 revenue of US$3.704 billion and net income attributable to the company of US$483 million, compared with US$232 million in the year-earlier quarter. Management attributes the sequential change partly to mark-to-market gains, costs and commodity prices.

Attribution: Role overlaps event; causation unproven. Company-level financial result; no executive-specific causal contribution has been established.

Relevance: Evidence of the operating and financial context, not a personal track-record attribution.

Third Quarter 2026 Results (Financial highlights and quarter discussion)

Business failures and setbacks

Arrium administration during mining leadership tenure

2016–2017 · documented · medium materiality

Arrium entered voluntary administration in April 2016 and creditors approved the sale of its steel and mining businesses to Liberty House in July 2017. OZ Minerals’ annual report records Reed held prior executive roles at Arrium; contemporaneous reporting identifies him as Arrium mining management in April 2016.

Attribution: Role overlaps event; causation unproven. Reed was a mining executive during the administration; the evidence does not establish that he caused the group insolvency.

Relevance: Relevant adverse prior-employer outcome with limited individual attribution.

2022 Annual Report and Sustainability Review (Management profile: Matt Reed); Arrium sale: creditors approve Liberty House bid (Administration and creditor-approved sale); 2015 Annual Report (Page 46, Mining Chief Executive Matthew Reed)

Industrial safety

Two Alumar workplace fatalities

July 2025 and September 2026 · issuer reported · high materiality

Alcoa reported a maintenance employee fatality at its Alumar smelter in July 2025, followed by a separate September 2026 employee death that the company determined was work-related. In October 2026 Alcoa said its internal investigation into the latter was complete while it cooperated with partner and authority investigations.

Attribution: Role overlaps event; causation unproven. The events occurred during executive tenure; sources do not establish personal fault or an individual breach.

Relevance: Material safety and operational oversight context.

Fatal Incident at Alumar (Incident statement); Statement on Alumar Fatality Investigation (14 October 2026 investigation statement)

Prominent Hill fatality shortly after OZ appointment

5 September 2021 · issuer reported · high materiality

OZ Minerals and contractor Byrnecut reported a worker was fatally injured underground at Prominent Hill on 5 September 2021; operations were temporarily suspended and South Australia Police and SafeWork SA began investigations. The 2022 annual report lists Reed as operations executive appointed 1 September 2021 and responsible for operational performance, including Prominent Hill. The later outcome of those investigations was not found.

Attribution: Role overlaps event; causation unproven. The disclosed operations role began four days earlier; no evidence establishes individual fault or that Reed caused the incident.

Relevance: Material prior-employer safety outcome, qualified by very short tenure at the time.

Prominent Hill incident notification (6 September 2021 incident announcement); 2022 Annual Report and Sustainability Review (2022 management profile, Matt Reed appointment and scope)

2018 Tahmoor shaft incident at SIMEC Mining

5 September 2018 · documented · medium materiality

At SIMEC Mining’s Tahmoor colliery, two workers were trapped in a shaft conveyance on 5 September 2018 and rescued around nine hours later. The NSW Resources Regulator issued a causal investigation describing mechanical causes and safety lessons.

Attribution: Role overlaps event; causation unproven. Reed was SIMEC Mining COO during the period according to Alcoa, but the reviewed records do not establish his personal role in the incident.

Relevance: Prior-employer safety and operational oversight context.

Causal investigation: Workers trapped in shaft winder (Pages 5–6, incident and rescue); Alcoa appoints Matt Reed as EVP and Chief Operations Officer (Prior SIMEC Mining COO role)

Environmental record

Huntly clearing undertakings and regulatory transition

Clearing 2019–2025; regulatory actions 2026 · documented · high materiality

The Australian federal government reported A$55 million in enforceable undertakings relating to historical Huntly land clearing. The minister explicitly said this was not a court-imposed penalty. On 29 October 2026 the WA government announced tighter conditions under a transitional framework while the independent EPA assessment continued.

Attribution: Role overlaps event; causation unproven. Roles overlap part of the period; no individual participation in, or personal responsibility for, the clearing was established.

Relevance: Material evidence of permitting and environmental management risk.

Interview with Oliver Peterson (Minister response on undertakings and non-court characterization); State Government strengthens regulatory arrangements for Alcoa (29 October 2026 conditions and independent assessment)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Matthew T. Reed has documented experience relevant to executive vice president and chief operations officer. Earlier COO at OZ Minerals and SIMEC Mining, and mining executive at Arrium. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

Alcoa appoints Matt Reed as EVP and Chief Operations Officer (Appointment, responsibilities and dates); 2022 Annual Report and Sustainability Review (Management profile: Matt Reed)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • Independent records establishing Reed’s individual responsibility, if any, for the Arrium collapse were not found.

  • The underlying partner and regulatory investigation reports into the 2025 and 2026 Alumar deaths were not obtained.

  • No final police or SafeWork SA investigation outcome for the 5 September 2021 Prominent Hill fatality was obtained.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

  • Prior-employer searches focused on selected Arrium, OZ Minerals and SIMEC events; other employers and remaining incidents were not comprehensively screened.

Marissa P. Earnest

Senior Vice President, General Counsel North American Operations and Secretary

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 5
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • Complete previous-employer chronology and formal qualifications were not established.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Marissa P. Earnest

Senior Vice President, General Counsel North American Operations and Secretary

Career chronology

  • Through 31 October 2026: Alcoa Corporation — Senior Vice President, General Counsel North American Operations and Secretary. 2026 Alcoa annual meeting transcript (Executives list and meeting proceedings)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Marissa P. Earnest has documented experience relevant to senior vice president, general counsel north american operations and secretary. Alcoa 2026 annual meeting lists Earnest as senior vice president and company secretary. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

2026 Alcoa annual meeting transcript (Executives list and meeting proceedings); 2026 Alcoa annual meeting transcript (Executives list)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • Complete previous-employer chronology and formal qualifications were not established.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Andrew Estel

Senior Vice President, Strategy

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 6
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • Complete previous-employer chronology and formal qualifications were not established.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.
  • Alcoa’s official leadership page returned an empty JavaScript shell; current role is based on the 2025 issuer event and an October 2026 third-party executive list, not a directly viewed current issuer roster.

Full background report

Andrew Estel

Senior Vice President, Strategy

Career chronology

  • Through 31 October 2026: Alcoa Corporation — Senior Vice President, Strategy. Investor Day transcript (Introduction of Andrew Estel as Senior Vice President, Strategy)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Andrew Estel has documented experience relevant to senior vice president, strategy. Alcoa 2025 investor day names Estel senior vice president, strategy. His career chronology and appointment date were not established. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

Investor Day transcript (Introduction of Andrew Estel as Senior Vice President, Strategy); Investor Day transcript (Executive team and questions)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • Complete previous-employer chronology and formal qualifications were not established.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

  • Alcoa’s official leadership page returned an empty JavaScript shell; current role is based on the 2025 issuer event and an October 2026 third-party executive list, not a directly viewed current issuer roster.

Emily Olson

Executive Vice President and Chief External Affairs Officer

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 4
  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.
  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.
  • Individual contribution to aggregate company results is not established.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Emily Olson

Executive Vice President and Chief External Affairs Officer

Career chronology

  • Through 31 October 2026: Alcoa Corporation — Executive Vice President and Chief External Affairs Officer. Alcoa Names Chief External Affairs Officer (Appointment and effective date)

  • Before joining Alcoa: Vale Base Metals; Freeport-McMoRan; BP — Before joining Alcoa, chief sustainability and corporate affairs officer at Vale Base Metals; earlier Freeport-McMoRan and BP external affairs roles.. Emily Olson (Biography, prior employers and education)

Education and qualifications

Reported academic qualifications

Before 2026 · issuer reported · low materiality

Alcoa states that Olson holds a political science bachelor’s degree from Loyola University of Chicago and a master’s degree in international strategy and diplomacy from the London School of Economics.

Attribution: Responsibility not applicable. Qualifications are issuer-reported and have not been independently checked with the universities.

Relevance: Relevant to external affairs experience.

Emily Olson (Biography, qualifications)

Suitability for the current role

Experience and present responsibilities

Current at cutoff · analyst inference · low materiality

Analyst inference: Emily Olson has documented experience relevant to executive vice president and chief external affairs officer. Before joining Alcoa, chief sustainability and corporate affairs officer at Vale Base Metals; earlier Freeport-McMoRan and BP external affairs roles. This documents experience, not a verified individual operating result.

Attribution: Responsibility not applicable. Role-fit judgment based on issuer and dated professional records; it is not a finding of personal performance.

Relevance: Relevant to the stated role; career and contribution evidence varies by person.

Alcoa Names Chief External Affairs Officer (Appointment and effective date); Emily Olson (Biography, prior employers and education)

Evidence gaps

  • Credential and professional licence claims have not been independently verified with awarding or licensing bodies.

  • This is limited public-source screening; full prior-employer incident, litigation and regulator records were not obtained, and no personal clearance is inferred.

  • Individual contribution to aggregate company results is not established.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Louis Langlois

Senior Vice President, Treasury and Capital Markets

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 4
  • Officer list is dated March 2026; no dated departure notice was identified, and continuing appointment through the cutoff is not independently confirmed.
  • The complete prior career, qualifications and professional registrations were not independently verified.
  • Public searches do not constitute comprehensive court, sanctions, criminal or professional-record checks.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Louis Langlois

Senior Vice President, Treasury and Capital Markets

Career chronology

Suitability for the current role

Documented professional role

Current at cutoff based on latest available issuer officer list · analyst inference · low materiality

Analyst inference: Louis Langlois’s disclosed senior vice president, treasury and capital markets responsibilities are relevant to Alcoa’s finance and governance operations. The issuer states he held prior finance, tax, strategy and operations positions at Alcoa, Bell Canada, Deloitte and Arthur Andersen. Role and title alone do not establish individual performance.

Attribution: Responsibility not applicable. Role-fit inference, not a finding of personal delivery.

Relevance: Relevant to finance, tax or disclosure functions; more detailed outcome evidence is limited.

Investor relations leadership transition (Appointment and reporting relationship); 2025 annual report, directors and officers (Officers as of 1 March 2026)

Evidence gaps

  • Officer list is dated March 2026; no dated departure notice was identified, and continuing appointment through the cutoff is not independently confirmed.

  • The complete prior career, qualifications and professional registrations were not independently verified.

  • Public searches do not constitute comprehensive court, sanctions, criminal or professional-record checks.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Renee R. Henry

Senior Vice President and Controller

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 4
  • Officer list is dated March 2026; no dated departure notice was identified, and continuing appointment through the cutoff is not independently confirmed.
  • The complete prior career, qualifications and professional registrations were not independently verified.
  • Public searches do not constitute comprehensive court, sanctions, criminal or professional-record checks.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Renee R. Henry

Senior Vice President and Controller

Career chronology

Suitability for the current role

Documented professional role

Current at cutoff based on latest available issuer officer list · analyst inference · low materiality

Analyst inference: Renee R. Henry’s disclosed senior vice president and controller responsibilities are relevant to Alcoa’s finance and governance operations. The issuer says she joined Alcoa in 2011 and held controller, financial accounting and regional finance positions before her appointment. Role and title alone do not establish individual performance.

Attribution: Responsibility not applicable. Role-fit inference, not a finding of personal delivery.

Relevance: Relevant to finance, tax or disclosure functions; more detailed outcome evidence is limited.

Form 8-K: Renee Henry appointment (Item 5.02, appointment and career); 2025 annual report, directors and officers (Officers as of 1 March 2026)

Evidence gaps

  • Officer list is dated March 2026; no dated departure notice was identified, and continuing appointment through the cutoff is not independently confirmed.

  • The complete prior career, qualifications and professional registrations were not independently verified.

  • Public searches do not constitute comprehensive court, sanctions, criminal or professional-record checks.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Heather Hudak

Senior Vice President, Tax

Current

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 4
  • Officer list is dated March 2026; no dated departure notice was identified, and continuing appointment through the cutoff is not independently confirmed.
  • The complete prior career, qualifications and professional registrations were not independently verified.
  • Public searches do not constitute comprehensive court, sanctions, criminal or professional-record checks.
  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.

Full background report

Heather Hudak

Senior Vice President, Tax

Career chronology

Suitability for the current role

Documented professional role

Current at cutoff based on latest available issuer officer list · analyst inference · low materiality

Analyst inference: Heather Hudak’s disclosed senior vice president, tax responsibilities are relevant to Alcoa’s finance and governance operations. The issuer reported her as senior vice president, tax; a full earlier chronology was not established in reviewed sources. Role and title alone do not establish individual performance.

Attribution: Responsibility not applicable. Role-fit inference, not a finding of personal delivery.

Relevance: Relevant to finance, tax or disclosure functions; more detailed outcome evidence is limited.

Comment on advanced manufacturing tax credit (Signature on 12 February 2024 tax submission); 2025 annual report, directors and officers (Officers as of 1 March 2026)

Evidence gaps

  • Officer list is dated March 2026; no dated departure notice was identified, and continuing appointment through the cutoff is not independently confirmed.

  • The complete prior career, qualifications and professional registrations were not independently verified.

  • Public searches do not constitute comprehensive court, sanctions, criminal or professional-record checks.

  • This report is a preliminary screening: nine topic rows include reused combined and company-level searches. They are not nine separate person-specific searches and do not establish comprehensive prior-employer diligence.