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.
