Allegheny Technologies Announces Organization Changes

Published on Thursday, 29 July 2010 08:43 Written by TradersHuddle Staff

PITTSBURGH-( Business Wire )-

Allegheny Technologies Incorporated (NYSE: ATI) today announced several key executive changes effective August 1, 2010.

Dale G. Reid, 54, has been named Senior Vice President, Finance and Principal Financial Officer of ATI reporting to L. Patrick Hassey, Chairman and CEO. Mr. Reid will be responsible for the Company’s world-wide accounting, treasury, tax, and internal audit functions. Mr. Reid has been with ATI for 29 years and has been serving as Vice President, Controller, Chief Accounting Officer and Treasurer since December 2003. Mr. Reid’s promotion stems from the announcement the Company made earlier today naming Richard J. Harshman, President and COO also reporting to Mr. Hassey.

Elliot S. Davis, 47, has been named Vice President and General Counsel of the Company, reporting to Jon D. Walton, Executive Vice President, Human Resources, Chief Legal and Compliance Officer, and Corporate Secretary. Mr. Davis has been Assistant General Counsel since 2008. Prior to joining ATI, Mr. Davis had been a partner of K&L Gates for over 20 years in their Corporate, M&A and Securities Group.

Promotions of key individuals reporting to Mr. Reid are: Karl D. Schwartz, 46, was named Controller and Principal Accounting Officer of ATI. Mr. Schwartz has been serving as Assistant Controller of ATI and has been with the Company for eight years. Rose Marie Manley, 54, was named Treasurer. Ms. Manley has been with the Company for 12 years and formerly served as Assistant Treasurer, Treasury Operations.

Building the World’s Best Specialty Metals Company®

Allegheny Technologies Incorporated is one of the largest and most diversified specialty metals producers in the world with revenues of $3.1 billion during 2009. ATI has approximately 8,900 full-time employees world-wide who use innovative technologies to offer global markets a wide range of specialty metals solutions. Our major markets are aerospace and defense, oil and gas/chemical process industry, electrical energy, medical, automotive, food equipment and appliance, machine and cutting tools, and construction and mining. Our products include titanium and titanium alloys, nickel-based alloys and superalloys, grain-oriented electrical steel, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, and forgings and castings. The Allegheny Technologies website is www.ATImetals.com.

Allegheny Technologies IncorporatedDan L. Greenfield, 412-394-3004