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Wednesday, Feb 8, 2023
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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
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
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