Alcoa announced that Mr Tómas Már Sigurdsson MD of Alcoa Fjardaál, is appointed President, European Region and Alcoa Global Primary Products Europe effective January 1st 2012.

Mr Sigurdsson succeeds Marcos Ramos who has assumed new responsibilities as President of GPP in Latin America and the Caribbean. Mr Sigurdsson’s successor will be announced at a later date.

As European Regional President, Mr Sigurdsson will be responsible for coordinating the activities of all of Alcoa’s nearly 50 locations throughout Europe, reporting to Chris Ayers, Alcoa Executive Vice President and President, Alcoa Global Primary Products, who is overseeing Europe as a member of Alcoa’s Executive Council. In his role as head of GPP Europe, Sigurdsson will report to GPP Chief Operating Officer Bill Oplinger and will have direct accountability for Alcoa’s smelters and refinery in Iceland, Italy, Norway and Spain.

Mr Klaus Kleinfeld chairman and CEO of Alcoa said that “As a fully integrated aluminum company in Europe, representing and coordinating Alcoa’s wide array of Primary, Rolling and downstream businesses is an important role. Mr Tomas is the ideal leader to take on that vital task.”