UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 3, 2015
Allegheny Technologies Incorporated
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Delaware |
|
1-12001 |
|
25-1792394 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
|
|
|
1000 Six PPG Place, Pittsburgh, Pennsylvania |
|
15222-5479 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrants telephone number, including area code (412) 394-2800
N/A
(Former name or
former address, if changed since last report).
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On August 3, 2015, Allegheny Technologies Incorporated (ATI) issued a
press release announcing management changes in ATIs High Performance Materials and Components Segment. A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 |
Financial Statements and Exhibits. |
|
|
|
Exhibit 99.1 |
|
Press release dated August 3, 2015. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
ALLEGHENY TECHNOLOGIES INCORPORATED |
|
|
|
|
|
|
|
|
By: |
|
/s/ Elliot S. Davis |
|
|
|
|
|
|
Elliot S. Davis |
|
|
|
|
|
|
Senior Vice President, General Counsel, |
|
|
|
|
|
|
Chief Compliance Officer and Corporate Secretary |
|
|
|
|
Dated: August 3, 2015 |
|
|
|
|
|
|
Exhibit 99.1
|
|
|
|
|
NEWS RELEASE |
|
|
|
|
|
Allegheny Technologies Incorporated
Corporate Headquarters 1000 Six PPG Place
Pittsburgh, PA 15222-5479 U.S.A. www.ATImetals.com |
|
|
|
Contact: Dan L. Greenfield
412-394-3004 |
ATI Announces High Performance Materials & Components Segment Management Changes
Pittsburgh, PA August 3, 2015 Allegheny Technologies Incorporated (NYSE:ATI) today announced that John D. Sims has been named Executive
Vice President, High Performance Materials and Components segment, effective immediately.
Prior to this change, responsibility for ATIs High
Performance Materials and Components segment was divided between Mr. Sims, who was responsible for the Components Group businesses, and Hunter R. Dalton, who was responsible for the Specialty Materials Group businesses.
Mr. Dalton has been named Executive Vice President, Strategic Growth Initiatives. In this new role, he will be responsible for helping develop ATIs
additive manufacturing business strategy and other profitable growth focused strategies.
Mr. Sims and Mr. Dalton will continue to report to
Richard J. Harshman, ATIs Chairman, President and CEO, and will continue to serve on ATIs Executive Leadership Council.
This is the
next step in our strategy to reposition ATI as an aligned and integrated specialty materials and components business. Consolidating the leadership of ATIs High Performance Materials and Components segment under John Sims will accelerate the
alignment and integration of the separate business units that comprise this segment, said Rich Harshman. I believe there are additional opportunities to further align, streamline and improve the operating efficiencies, and enhance the
competitive position of our High Performance Materials and Components segment. John Sims has knowledge and leadership experience involving each of the business units comprising this segment. This knowledge and experience combined with his commitment
to disciplined continuous improvement processes are important to our efforts to maximize the performance and realize the full potential of this segment.
We see additive manufacturing as an important component of ATIs long-term profitable growth strategy. Hunter Daltons deep knowledge of
ATIs key global markets, products, and technical and manufacturing capabilities, combined with his expertise in technology and strategic development, make him uniquely capable to assess opportunities and play a leading role in developing
ATIs additive manufacturing approach and strategy development as well as other strategic growth initiatives.
ATI also announced that Thomas
J. Witheford will succeed Mr. Dalton as President of ATI Specialty Materials, which is part of the High Performance Materials and Components segment. Mr. Witheford will report to John Sims. Previously, Mr. Witheford was ATI Specialty
Materials Senior Vice President, Operations, Technology and Quality.
John Sims joined ATI in 1996 as a product metallurgist at our continuous bar
and rod mill operations in Richburg, SC. He advanced through a variety of technical and operational responsibilities at ATI Specialty Materials, including being named Vice President, Operations for ATI Specialty Materials in 2002. In 2011,
Mr. Sims was named Executive Vice President, ATI Primary Metals and President, ATI Specialty Alloys and Components. In February 2013, he was
named Executive Vice President, Primary Titanium Operations, and President of ATI Specialty Alloys and Components. In September 2013, Mr. Sims was named Executive Vice President, High
Performance Components Group. Prior to joining ATI, Mr. Sims served in a variety of operational and staff assignments during a 14-year career in the United States Navy. Mr. Sims earned a M.S. in Mechanical/Materials Engineering from the
Naval Post Graduate School and has a B.S. in Mechanical Engineering from the University of Florida.
Hunter Dalton joined ATI in 1981 as an Industrial
Engineer for ATI Specialty Materials. He advanced through a variety of commercial and operational responsibilities at ATI Specialty Materials, including being named Vice President, Operations in 1999. In 2003, Mr. Dalton was named Senior Vice
President, Sales and Marketing for ATI Specialty Materials. In 2008, he was named President of ATI Specialty Materials and Group President of ATI Long Products. In 2011, Mr. Dalton was named Executive Vice President, ATI High Performance
Specialty Materials Group and President of ATI Specialty Materials. Mr. Dalton has a B.S. in Industrial Management from Virginia Tech.
Tom Witheford
joined ATI in 1988 as a Product Engineer at ATIs melt operations in Latrobe, PA. He advanced through a variety of technical and operational responsibilities at ATI Specialty Materials, including being named Director, Billet Operations and
General Manager of ATIs Specialty Materials Nickel Billet SBU in 1999. In 2000, Mr. Witheford was named Vice President, Operations for GKNs powder metals business. He was named Managing Director, Europe and Asia for GKN based in
Germany in 2005. Mr. Witheford returned to ATI in 2010 as Vice President, Technology and Quality, for ATI Specialty Materials. In 2011, he was named Vice President, Operations, Technology and Quality. In 2014, he was named Senior Vice
President, Operations, Technology and Quality for ATI Specialty Materials. Mr. Witheford has a BS in Metallurgical Engineering and Materials Science from Case Western Reserve University.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements
are based on managements current expectations and include known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control, that may cause our actual results, performance or achievements to materially
differ from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in our
filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.
Creating Value Thru
Relentless Innovation®
Allegheny Technologies Incorporated is one of the largest and most diversified specialty materials and
components producers in the world with revenues of approximately $4.3 billion for the twelve months ended June 30, 2015. ATI has approximately 9,600 full-time employees world-wide who use innovative technologies to offer global markets a wide
range of specialty materials solutions. Our major markets are aerospace and defense, oil and gas/chemical process industry, electrical energy, medical, automotive, food equipment and appliance, and construction and mining. The ATI website is
www.ATImetals.com.
ATI (NYSE:ATI)
Historical Stock Chart
From Mar 2024 to Apr 2024
ATI (NYSE:ATI)
Historical Stock Chart
From Apr 2023 to Apr 2024