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Kaiser Aluminum CEO to Resign

Kaiser Aluminum Corp., the Foothill Ranch-based producer of semi-fabricated specialty aluminum products for the aerospace and automotive industries, said Jack A. Hockema will step down after almost 20 years as chief executive officer.

Keith A. Harvey, a 40-year Kaiser veteran who has served as the company’s president and chief operating officer since 2015, will become the new CEO as well as a member of the company’s Board of Directors. Hockema, whose resignation is effective July 31, will remain on the company’s board of directors as executive chairman.

“Keith has had an integral role in driving our strategy and growth over the years,” Hockema said in a statement.

Harvey joined the Company in 1981 as an industrial engineer at the company’s former rolling mill in West Virginia. He subsequently held positions of increasing responsibility in engineering and sales at several Kaiser Aluminum locations.

Shares of Kaiser (Nasdaq: KALU) have rebounded about 34% since March 20 to $74.15 and a $1.2 billion market cap.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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