Alcoa Corporation (NYSE:AA) Q4 2022 Earnings Call Transcript

William Oplinger: Thanks Roy. I will just make a couple of points before we close off. The first point is I am absolutely thrilled that Molly Beerman is stepping in as CFO. When I look at Molly’s abilities, she has tremendous knowledge of our company. She knows the financials better than anybody out there and she is a great leader. And on top of that, I think she will be a steady hand to help be a business partner for you, Roy. And I am just really happy that she is stepping into the role, so thrilled about that. I guess secondly, to address Lucas’ question, Lucas, this is my 40th earnings call as the CFO of Inc. and Corp., a full 10 years. And I have enjoyed tremendously the interaction with investors, investors, buy side, sell side.

One of the highlights of my career has been working with the people on this call. And many of the most enjoyable times that I have had as CFO have been working with the people on this call. So, going on to the new role, I think over time, we may run into each other again. So, it’s probably not goodbye for now, but maybe just we will see you in the future. So, Roy, thanks for the opportunity to address the group.

Roy Harvey: Yes. Thanks Bill. And as you know, he is not going that far away. Operations are critically important to us. He does sit next to me in our Pittsburgh office and we are moving him out and moving Molly in. So, the value of my real estate is definitely going up because of better neighbors. But in the end, not to belabor the point, in the end, I think we have got the right people doing the right thing. Molly is going to do a great job as CFO. Bill is going to do a great job as COO. And we have complex issues but we have got the right team that are working on them. So, I just want to once again reiterate that I appreciate everybody’s continued interest in the company. I really do believe that we have built, over these 6 years, a strong foundation.

And I also believe that we are working on the right things that were driving €“ continuing to drive improvement and making sure that we are doing things in the right way. So, these next few months will be gone before we know it, so I look forward to speaking with you again in April for our first quarter 2023 results. And we are going to have Molly Beerman at my side answering questions and helping us walk through the earnings. So, thank you to everybody. Have a good night. Stay very safe and we will talk to you soon.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.