Another Brazilian for Alcoa Latin America’s President

Alcoa (Aluminum Company of America) announced that Franklin (Frank) L. Feder, 53, has been named President of Alcoa Latin America, based in São Paulo, Brazil.

He will oversee Alcoa’s businesses in South America, coordinate growth activities in the region, and work closely with government and communities to optimize Alcoa’s profile in the country. He also is a Vice President of Alcoa.


Mr. Feder succeeds Josmar Verillo, 52, who plans to dedicate more time to his family farming business and to the Amarribo (Amigos Associados de Ribeirão Bonito – Ribeirão Bonito’s Associated Friends), the NGO that started as way of promoting the little Ribeirão Bonito town and ended up dedicated to fight corruption in the Brazilian Public Sector.


Mr. Feder has had a long association with Alcoa Alumí­nio, Alcoa’s fully integrated aluminum business in Brazil. Mr. Feder joined Alcoa Alumí­nio in 1990 as Director of Corporate Planning under Alain Belda, who is now Chairman and CEO of Alcoa. He then served as Chief Financial Officer for Alcoa Alumí­nio from 1994 until 1999.


“I have worked side-by-side with Frank for more than two decades both in Brazil and now in the U.S. His knowledge of Brazil, his deep experience in Alcoa, and his analytical and strategic capabilities make him the right leader to lead Alcoa’s Latin America operations,” said Alain Belda, Chairman and CEO of Alcoa.


In 1999, Mr. Feder transferred to the United States, where, from 1999 to early 2001, he served in Alcoa’s Corporate Development group in Pittsburgh.


In 2001, he assumed his current position of Vice President – Analysis and Planning for Alcoa, based in New York.


Before joining Alcoa, Mr. Feder was a Vice President and Partner with Booz-Allen & Hamilton. He also held management positions at Technomic Consultores, a management consultancy, and Adela Investment Company, a private development bank, all located in São Paulo.


Mr. Feder graduated from the Getúlio Vargas Foundation in São Paulo in 1972 with a degree in business. He also obtained an MBA degree in 1977 from IMD in Lausanne, Switzerland.


Mr. Feder will relocate to São Paulo, Brazil in the first quarter of 2005.


Business Wire

Tags:

You May Also Like

Brazil’s Petrobras Invests Heavy in the US and Argentina

Petrobras, Brazil’s government owned oil company is exploring in waters 1,000 meters deep south ...

Brazilian Stocks Mirrors US Market and Fall

Latin American stocks were mixed, with Brazilian stocks dipping, in line with the U.S. ...

Cardoso’s Legacy in Brazil: Radical Democracy

Now that Brazilian President Luiz Inácio Lula da Silva has taken office and continued ...

With an Eye to Interests, Brazil Market Goes Black

Latin American markets finished securely in the black, following U.S. market strength. A disappointing ...

US Calls Brazil World Leader in Ethanol and Deep-Sea Oil Drilling

Latin America is well placed to become a leader in supplying biofuels and renewable ...

Brazil’s Two-Year Push to Win the Middle East

Brazilian companies from the southeastern state of Minas Gerais want to export their products ...

Brazilians Now Expected to Live Over 72, 3 Years More than a Decade Ago

Brazilian population's life expectancy has risen from 69.66 years, as of 1998, to 72.86 ...

Chavez Has Big Dreams for LatAm and Bets on Brazil Lula’s Reelection

Venezuela’s president Hugo Chavez said in Cordoba, Argentina, where he went for a summit ...

Brazil Refuses to Take Part in Chí¡vez’s “Axis of Good” Proposal

Brazil’s Minister of Foreign Relations, Celso Amorim, declared that the idea presented by the ...

IMF Praises Brazil’s Bolsa Famí­lia and Forecasts 4.3% Growth for LatAm

Latin America and the Caribbean are forecasted to expand 4.3% next year following this ...