Chief Financial Officer
Ken Giacobbe is Chief Financial Officer of Arconic, a role he has held since the company’s separation in 2016. Ken has deep experience leading finance functions across Arconic’s portfolio, having served in senior finance roles in both the USA and Europe across the aerospace, commercial transportation, industrial gas turbine, and commercial building and construction markets. Ken serves on the Arconic Executive Leadership Team, the senior leadership team that sets strategic direction for the company.
Prior to separation from Alcoa, Ken served as Chief Financial Officer of Alcoa's Engineered Products and Solutions (EP&S) business, where he had financial oversight for the EP&S business, including Alcoa Power and Propulsion, Alcoa Fastening Systems and Rings, Alcoa Forgings and Extrusions, and Alcoa Titanium and Engineered Products. He previously had financial oversight for Alcoa Wheel and Transportation Products, and Alcoa Building and Construction Systems until July 2015 when they were Transportation and Construction Solutions.
Under Ken’s financial leadership the EP&S business has achieved record revenue and After Tax Operating Income (ATOI) for the last three consecutive years – 2012, 2013 and 2014, and delivered more than $1 billion in productivity gains (through September 2015). Today EPS has total revenues of $5.2 billion (through September 2015 annualized) and employs approximately 24,000 in 15 countries.
Ken also has strong M&A experience having presided over the successful financial integration of Alcoa’s three recent aerospace-focused acquisitions – Firth Rixson (November, 2014), TITAL (March, 2015), and RTI International Metals (July, 2015) – valued together at approximately $5 billion. In 2007 he helped lead the $2.7 billion divestiture of Alcoa’s packaging and consumer businesses through a sale to Rank Group Limited.
Ken was Group Controller for the EP&S business, a position he assumed in 2011. Ken joined Alcoa in 2004 as Vice President of Finance for Global Extruded Products, part of Alcoa Forgings and Extrusions. He then served as Vice President of Finance for Alcoa’s Building and Construction Systems business.
Early in his career, Ken held senior finance roles at Avaya and Lucent Technologies. He earned a Bachelor’s Degree in Economics from the State University of New York at Oneonta and an MBA from the University of South Florida.