William F. Oplinger is the President and CEO of Alcoa Corporation, having taken the role on September 24, 2023, following his time as Executive Vice President and Chief Operations Officer. He brings over 20 years of experience in executive roles...

Number of Employees

13.6K

Year

2023

Total Compensation

$8.72M

Salary

$862.26K

Board Justification

The compensation philosophy is designed to align pay with performance, retain talent, and drive stockholder value through competitive compensation packages that include a significant portion of equity-based incentives.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other

$321.43K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$7.53M(144.68K RSU)

Board Justification

The vested stock includes 17,250 RSUs granted on January 25, 2023, and 27,570 PRSUs granted on February 22, 2023, which are subject to performance metrics and will vest based on achievement at the end of the performance period.

Performance Metrics

Performance metrics for 2023 included Adjusted EBITDA, Free Cash Flow, Segment Production Performance, Safety, and Inclusive Culture.

SEC Filing

From March 19, 2024

William F. Oplinger

CEO of Alcoa

A

Education

Bachelor's degree in Accounting and an MBA

Field of Expertise

Finance & Banking - Finance

Born

August 1, 1967 - 57 years ago

Is Founder?

No

Current Tenure

1 year 3 months (Sep 2023 - Present)

Previous Experience

Executive Vice President and Chief Operations Officer at Alcoa Corporation