Alcoa’s Senior Financial Executives Swap Jobs

Alcoa, a leading producer of primary aluminium, fabricated aluminium and alumina, has announced that two senior finance executives will swap positions so each can broaden his experience. Effective 1 August 2010, Tony Thene, vice president and controller, has been named chief financial officer (CFO) of Alcoa’s engineered products and solutions business group (EPS), and Graeme Bottger, currently EPS CFO, will succeed Thene as Alcoa vice president and controller.

Thene will remain a vice president of Alcoa and has been named to the company’s executive council. He has served with Alcoa for 21 years. In his new role, Bottger will be responsible for global business services for Alcoa.

Thene has served in a series of financial management positions in addition to his role as Alcoa vice president and controller, including CFO, Global Mill Products, and vice president, Finance, for Alcoa World Alumina and Chemicals. Earlier in his career, Thene worked as plant controller at two locations before being named manufacturing manager for the Alumina Chemicals business in Arkansas. In 1998, he joined the Alcoa Forgings business in Cleveland, Ohio, as division controller; then in 2001, he moved to New York as manager of the corporate financial analysis and planning group. Thene was named vice president, finance for Alcoa World Alumina and Chemicals in 2002, then CFO Global Mill Products. In 2006 he was named director, investor relations. Thene was named to his most recent position in 2008.

Thene obtained a bachelor’s degree in accounting from Indiana State University (1983) and received an MBA degree from Case Western Reserve University in Cleveland, Ohio, in 2001. Thene is a certified public accountant (CPA).

Bottger joined Alcoa in 1980 as a product accountant at the company’s Point Henry facility in Australia. Since then, he has held a series of accounting and financial management positions in Alcoa’s Australian smelting, rolling, extrusion, foil and alumina businesses and corporate office. Prior to his move to the US in 1999 to accept an assignment in the financial analysis and planning department, Bottger held the position of CFO for Alcoa’s joint venture with Kobe Steel in Australia (KAAL). In 2001, Bottger was named vice president, finance, for Alcoa Home Exteriors where he was responsible for procurement, IT, credit, accounting and quality. He then became vice president, sales, in 2003, responsible for field sales, customer support and pricing administration. He was named CFO of Alcoa Engineered Products and Solutions in 2005.

Bottger earned his bachelor of commerce degree from Deakin University, Australia, followed by a bachelor’s degree in computer science. He also holds a diploma of Corporate Management from the Institute of Chartered Secretaries and Administrators.


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