Renato Bacchi is Executive Vice President and Chief Commercial Officer. He leads the Company’s sales and trading, marketing, supply chain, commercial operations, procurement, and transformation and oversees the Company’s global energy assets and breakthrough technology programs. Renato is a member of the Alcoa Executive Team, which sets strategic direction for the Company.
Previously Renato was appointed Executive Vice President and Chief Strategy and Innovation Officer in January 2023, Executive Vice President and Chief Strategy Officer in February 2022, and Senior Vice President and Treasurer of Alcoa Corporation from November 2019 through January 2022. In addition to responsibility for global treasury activities, Renato also had accountability for Alcoa’s Corporate Development function, which included evaluating the best uses of the company’s capital, sourcing and executing transactions on acquisitions, divestitures and joint ventures. From November 2016 to November 2019, Renato was Vice President and Treasurer.
Prior to the separation of Alcoa Inc. into two separate companies in 2016, Renato was Assistant Treasurer of Alcoa. He had also previously served as a board member of AlcoaPrevi, the Alcoa employees’ pension fund in Brazil.
Renato joined Alcoa Inc. in 1997 in São Paulo (Brazil). He worked in the energy group, participating in the development of the Alcoa hydroelectric power plants there. He also purchased strategic raw material for the Latin American smelters and refineries and was responsible for Latin America primary metal sales. In 2007, Renato joined Brazil Treasury, where he designed and implemented the funding strategy for the Alumar expansion and the Juruti mining projects. In 2010, he was named Corporate Finance Manager in Sao Paulo, leading the corporate controllership, corporate treasury, capital expenditure and internal control areas for Latin America and Caribbean region.
Renato graduated from São Paulo University (Brazil) in 2000, with a degree in Electrical Engineering, and earned a Master of Business Administration degree from IbMec University (Brazil) in 2004. In 2010, he received the Chartered Financial Analyst designation from CFA Institute. In 2019, Renato completed the Advanced Management Program 196 at Harvard University.
Renato serves on the board of directors of The Tull Family Theater, a nonprofit, film-based arts organization in the northwest region of Pittsburgh.
What is Renato Bacchi's net worth?
The estimated net worth of Renato Bacchi is at least $2.37 million as of October 22nd, 2024. Mr. Bacchi owns 57,317 shares of Alcoa stock worth more than $2,368,912 as of October 24th. This net worth estimate does not reflect any other investments that Mr. Bacchi may own. Additionally, Mr. Bacchi receives a salary of $877,940.00 as EVP & CCO at Alcoa. Learn More about Renato Bacchi's net worth.
How old is Renato Bacchi?
Mr. Bacchi is currently 47 years old. There are 7 older executives and no younger executives at Alcoa. The oldest executive at Alcoa is Ms. Molly S. Beerman, Executive VP & CFO, who is 60 years old. Learn More on Renato Bacchi's age.
What is Renato Bacchi's salary?
As the EVP & CCO of Alcoa Co., Mr. Bacchi earns $877,940.00 per year. There are 2 executives that earn more than Mr. Bacchi. The highest earning executive at Alcoa is Mr. William F. Oplinger, President, CEO & Director, who commands a salary of $1,920,000.00 per year. Learn More on Renato Bacchi's salary.
How do I contact Renato Bacchi?
Has Renato Bacchi been buying or selling shares of Alcoa?
During the past quarter, Renato Bacchi has sold $1,009,335.43 in shares of Alcoa stock. Most recently, Renato Bacchi sold 23,867 shares of the business's stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of $42.29, for a transaction totalling $1,009,335.43. Following the completion of the sale, the executive vice president now directly owns 57,317 shares of the company's stock, valued at $2,423,935.93. Learn More on Renato Bacchi's trading history.
Who are Alcoa's active insiders?
Alcoa's insider roster includes Renato Bacchi (EVP & CCO), Molly Beerman (VP), Sonya Harden (EVP), Roy Harvey (CEO), Jeffrey Heeter (EVP), Tammi Jones (EVP), Benjamin Kahrs (EVP), James Nevels (Director), William Oplinger (CFO), Timothy Reyes (EVP), and John Slaven (EVP). Learn More on Alcoa's active insiders.
Are insiders buying or selling shares of Alcoa?
During the last year, insiders at the industrial products company sold shares 2 times. They sold a total of 50,335 shares worth more than $1,824,020.47. The most recent insider tranaction occured on October, 22nd when EVP Renato Bacchi sold 23,867 shares worth more than $1,009,335.43. Insiders at Alcoa own 1.1% of the company.
Learn More about insider trades at Alcoa. Information on this page was last updated on 10/22/2024.
