Alcoa has announced that Molly Beerman has been named Vice President and Controller of the company, and she will serve as principal accounting officer, effective Dec. 9.

“Molly is a seasoned financial professional with a successful track record at Alcoa of driving process and operational improvements," said Alcoa Chief Financial Officer William Oplinger. "In addition to her accounting acumen, Molly’s experience makes her ideally qualified to take on this leadership role at Alcoa as we review our systems to run our new company more cost-effectively and efficiently.”

Ms. Beerman succeeds Robert Collins who has been Controller since 2013 and will be taking a role outside of the company.

“Bob made a significant contribution to our company during his 11-year Alcoa career,” Oplinger said. “Most recently, he played an instrumental role in the separation of Alcoa Inc. into two independent, publicly-traded companies. We thank him for his years of dedication and hard work and wish him well in his next endeavour.”

Since November 2016, Ms. Beerman served as Director of Global Shared Services Strategy and Solutions and led the overall planning and implementation of financial and procurement activities in alignment with the Company’s overall business strategy. Prior to that, she served in a consulting role to the Alcoa Inc. finance department relating to the separation transaction.

From 2001 to 2012, she held numerous leadership positions with Alcoa Inc., including as Director of Alcoa’s Global Procurement Center of Excellence. In this role, Ms. Beerman designed operational efficiency in requisition-to-payment and supplier management. She was also Manager of North America Financial Accounting Services, where she led the team that provided accounting services to numerous locations. Ms. Beerman first joined Alcoa Inc. in 2001 as Manager, Corporate Financial Systems, responsible for the global consolidation of financial statements.

From 2012 to 2015, Ms. Beerman was Vice President of Finance and Administration for The Pittsburgh Foundation, a non-profit organisation. Earlier in her career, she served in financial management positions at Carnegie Mellon University, PNC Bank and the Pittsburgh office of Deloitte.

Ms. Beerman has a bachelor’s degree in Business Administration, Accounting from Duquesne University in Pittsburgh, and she is a Certified Public Accountant in Pennsylvania.