Chairman and CEO, Arconic Inc.
Klaus Kleinfeld is Chairman and CEO of Arconic, a position he has held since November 2016, when he led Alcoa Inc.’s separation into two publicly-traded companies, Arconic and Alcoa Corporation. Arconic is a global leader in multi-material precision engineered products and solutions for major markets including airframe structures, aero engines, automotive, commercial transportation and building and construction.
Mr. Kleinfeld served as CEO of Alcoa Inc. from 2008-2016 and served on Alcoa Inc.’s Board of Directors from 2003-2016. Mr. Kleinfeld led Alcoa’s turnaround through the economic recession and the collapse of the aluminum market, restructuring the upstream businesses while building up and strengthening the value add businesses that became Arconic.
Before Alcoa, Mr. Kleinfeld had a 20-year career with Siemens, the global electronics and industrial conglomerate, based in the U.S. and Germany, where he served as chief executive officer of Siemens AG starting in 2005. During his tenure, Mr. Kleinfeld presided over a dramatic transformation of the company, reshaping the company's portfolio around three high-growth areas, resulting in an increase of revenues and a near doubling of market capitalization. Prior to his service on the Managing Board of Siemens AG, Mr. Kleinfeld was President and Chief Executive Officer of the U.S. subsidiary, Siemens Corporation, which represents the company’s largest region.
Mr. Kleinfeld began his career in a specialized marketing consulting firm working with major international clients. He then joined Ciba-Geigy in Basel, Switzerland, where he was a product manager in the company’s pharmaceutical division. After joining Siemens in 1987, Mr. Kleinfeld rose through the company ranks, leading the largest business in the Medical Group and founding and leading an internal consulting group that played a major role in restructuring the global company.
In addition to serving on Arconic's board, he is a member of the Board of Directors of Hewlett Packard Enterprise and Morgan Stanley. Mr. Kleinfeld also serves on the Board and Executive Committee of the U.S.-Russia Business Council. He is on the Board of Trustees of the World Economic Forum and is Vice Chair of the New York City Partnership. Mr. Kleinfeld is also a member of the Mayor of Shanghai's International Business Leaders Advisory Council, Chinese Premier Li’s Global CEO Advisory Council and the Foreign Investment Advisory Council to the Prime Minister of Russia. He is an Honorary Trustee of the Brookings Institution and a life member at the Council on Foreign Relations.
Mr. Kleinfeld was born in Bremen, Germany, and educated at the University of Goettingen and University of Wuerzburg, both in Germany. He holds a PhD in strategic management and a master's degree in business administration. Mr. Kleinfeld and his wife reside in New York and have two children.
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