NEW YORK--The Alcoa (NYSE:AA) Board of Directors has elected Paris Watts-Stanfield Vice President, Internal Audit and an Officer of the Company. In this role, she is accountable for Alcoa's worldwide audit activities in the Finance, Information Technology, and Environment, Health and Safety areas. Most recently she was Director of Internal Audit at Alcoa, responsible for leading the company's global Financial Business Process and IT audit groups.
"Paris has extensive global corporate experience in the manufacturing, consumer products, and retail industries that will serve her well in this important role," said Bill Oplinger, Alcoa Executive Vice President and CFO.
Prior to joining Alcoa in 2012, Ms. Watts-Stanfield served in senior management roles with Wal-Mart, first as Vice President, International Internal Auditing and later as Vice President, Operations Finance, overseeing Wal-Mart's Central business unit in the U.S. Earlier, she worked 17 years for Procter & Gamble, rotating through a series of finance and accounting roles with increasing responsibility. She was Finance Director for Procter & Gamble's Internal Audit group in Asia, CFO for its hair care business in Japan and South Korea, and CFO for the household cleaning products business in North America.
She succeeds Julie Caponi who will become Assistant Treasurer, involved across all Corporate Treasury functions including treasury operations, corporate finance, bank relationship management, risk management and transaction execution. In addition, Ms. Caponi will continue as Location Manager for Alcoa's Pittsburgh Office.
Ms. Caponi served as Vice President, Internal Audit since 2005 and was Assistant Controller prior to taking this assignment. Previously, she was an audit partner in Deloitte's Pittsburgh office. She is a member of the First Commonwealth Financial Corporation Board of Directors, and sits on the Audit and Executive Compensation Committees.
Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 125 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for 11 consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 61,000 people in 30 countries across the world. For more information, visit www.alcoa.com, follow @Alcoa on Twitter at www.twitter.com/Alcoa and follow Alcoa on Facebook at www.facebook.com/Alcoa.