Allegheny Technologies CEO Richard Harshman to retire
Allegheny Technologies Incorporated announced that its Board of Directors has appointed Robert Wetherbee to become ATI's president and CEO effective January 1, 2019, when he will also join the ATI Board. Wetherbee was identified through a robust, board-driven leadership development and succession planning process to succeed Richard Harshman as ATI's president and CEO. Harshman, who currently serves as ATI's chairman, president and CEO, has informed the Board he will retire after a distinguished 41-year career with ATI to spend more time with his family. To ensure a smooth leadership transition, Harshman will remain chairman, president and CEO until January 1, 2019, following which he will continue to serve as executive chairman of the Board until his retirement in conjunction with ATI's May 9, 2019 Annual Meeting. The Board has elected Diane C. Creel, who has served as ATI's Lead Independent Director since 2011, to become Board Chair effective immediately following Harshman's May 2019 retirement. Bob Wetherbee has been ATI's EVP Flat Rolled Products Group since 2014.