Alcoa Appoints Nicholas DeRoma as Chief Legal and Compliance Officer

Strategic Insights -

Nicholas DeRoma, formerly chief legal officer of Nortel Networks Corp., has been appointed as the executive vice president, chief legal and compliance officer at Alcoa. DeRoma brings a wealth of experience, having served in various posts at IBM for 25 years and leading legal and compliance operations in Europe, Asia, and North America. He will also serve on the Alcoa executive council, succeeding Michael Schell, who will continue to serve as EVP for business development. Alcoa is a leading producer and manager of primary aluminum and fabricated aluminum, with operations in 31 countries and around 63,000 employees.

Key Takeaways:

  • Nicholas DeRoma has been appointed as Alcoa's executive vice president, chief legal and compliance officer, bringing 25 years of experience from IBM and 4 years as chief legal officer at Nortel Networks Corp.
  • DeRoma will lead Alcoa's legal and compliance operations worldwide and serve on the Alcoa executive council.
  • Michael Schell, the previous EVP for business development, will continue to serve in that role and on the executive council.
  • Alcoa is a multinational corporation with operations in 31 countries and around 63,000 employees.
  • DeRoma's appointment is significant for Alcoa, as he brings extensive experience in leading legal and compliance operations in various regions and industries.
  • DeRoma's background in IBM and Nortel Networks Corp. demonstrates his ability to adapt to changing market conditions and navigate complex regulatory landscapes.

Statistics:

  • Alcoa employs around 63,000 people in 31 countries.
  • DeRoma has 25 years of experience at IBM and 4 years as chief legal officer at Nortel Networks Corp.
  • Alcoa is engaged in the production and management of primary and fabricated aluminum used in various industries.
  • DeRoma's appointment reflects Alcoa's commitment to maintaining a strong legal and compliance framework in support of its global operations.

Sources:

  • FinancialWire (2009, July 29)
  • IBM (through Nicholas DeRoma's bio)
  • Nortel Networks Corp. (through Nicholas DeRoma's bio)
  • Alcoa (corporate website)
  • Comtex SmarTrend Alert (2008)