ATI Chief Financial Officer Don Newman Announces Retirement
ATIATI(US:ATI) Prnewswire·2025-09-10 11:30

Core Viewpoint - ATI Inc. announced the retirement of Executive Vice President - Finance and Chief Financial Officer Don Newman, effective March 1, 2026, and is currently searching for his successor while he continues in his role until retirement [1][2][3]. Leadership Transition - Don Newman has been with ATI since 2020 and has played a crucial role in shaping the company's long-term strategy and financial foundation, including optimizing the capital structure and returning capital to shareholders through share repurchases [3]. - Following Newman's retirement, he will serve in an advisory capacity to ensure a smooth transition [1][3]. - Rob Foster, currently Vice President of Financial and Operating Strategies, will lead the development of ATI's 2026 financial plan, leveraging his extensive experience across ATI's business segments [3]. Executive Search - ATI is engaging a leading executive search firm to assist in finding a new CFO, considering both internal and external candidates with a strong operational background in complex industrial or aerospace environments [3]. Financial Guidance - ATI reiterated its guidance for the third quarter and full year 2025, indicating confidence in its financial outlook [4]. Company Overview - ATI is a producer of high-performance materials and solutions for the aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy sectors [5]. - The company emphasizes its commitment to innovation and customer partnerships to address challenging global issues through materials science [5].