ATI announces CEO succession plan
24 August 2018
Allegheny Technologies Incorporated (ATI) recently announced that its Board of Directors has appointed Robert S. Wetherbee to become ATI’s President and Chief Executive Officer effective January 1, 2019.
Mr. Wetherbee, 58, was identified through a robust, Board-driven leadership development and succession planning process to succeed Richard J. Harshman as ATI’s President and Chief Executive Officer. Mr. Harshman, who currently serves as ATI’s Chairman, President and Chief Executive Officer, has informed the Board he will retire after a distinguished 41-year career with ATI.
The Board has elected Diane C. Creel, who has served as ATI’s Lead Independent Director since 2011, to become Board Chair effective immediately following Mr. Harshman’s May 2019 retirement.
Bob Wetherbee has been ATI’s Executive Vice President, Flat Rolled Products Group since 2014. He was recruited in 2014 to transform ATI’s Flat Rolled Products (FRP) business, then heavily reliant on commodity stainless steel and strip, into the business that it is today: a producer of high-value differentiated flat rolled products, which leverages its innovative Hot Rolling and Processing Facility (HRPF) and other assets to serve global markets, including the aerospace and defense, oil & gas, and chemical/hydrocarbon processing industries, with a base load of commodity stainless products.