William F. Oplinger is the President and CEO of Alcoa Corporation, having taken the role on September 24, 2023, following his time as Executive Vice President and Chief Operations Officer. He brings over 20 years of experience in executive roles...

William F. Oplinger is the President and CEO of Alcoa Corporation, having taken the role on September 24, 2023, following his time as Executive Vice President and Chief Operations Officer. He brings over 20 years of experience in executive roles at Alcoa, where he also served as Chief Financial Officer before becoming CEO. Notably, he holds a bachelor’s degree in Accounting and an MBA, grounding his expertise in finance. In 2023, his total compensation was approximately $1.86 million, primarily coming from salary and vested stock, reflecting his alignment with shareholder interests. Oplinger has been active in the company’s stock, with significant insider trading activity peaking in 2021 when he realized nearly $9.2 million in a single month. He has played a critical role during a time of management transition at Alcoa, underlining his capability to navigate through change efficiently.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Alcoa CEOs

A

William F. Oplinger

CEO of Alcoa

Education

Bachelor's degree in Accounting and an MBA

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Basic Materials

Born

August 1, 1967 - 57 years ago

CEO of Alcoa for

1 year 8 months (Sep 2023 - Present)

Previous Experience

Executive Vice President and Chief Operations Officer at Alcoa Corporation

Rivals

Competitors/colleagues of William F. Oplinger

F

Richard C. Adkerson

CEO of Freeport-McMoRan Inc.

2023 Compensation

Stock

$12.52M

Salary

$1.80M

Bonus

$3.15M

Other

$5.52M

Total Holdings

$214.56M

S

Oscar Gonzalez Rocha

CEO of Southern Copper

2023 Compensation

Stock

$0.00

Salary

$436.86K

Bonus

$98.87K

Other

$635.39K

Total Holdings

$13.37M

C

Michael A. Bless

CEO of Century Aluminum

2021 Compensation

Stock

$0.00

Salary

$622.96K

Bonus

$0.00

Other

$148.63K

Total Holdings

$8.28M

Holdings

See how much did William F. Oplinger make over time.

William F. Oplinger has been an active player in Alcoa's stock market. His insider trading peaked in several months during 2021, where he sold stock worth up to $9.2 million, showcasing his strong confidence in the company and his substantial...

William F. Oplinger has been an active player in Alcoa's stock market. His insider trading peaked in several months during 2021, where he sold stock worth up to $9.2 million, showcasing his strong confidence in the company and his substantial stake in its future. Throughout 2022 and 2023, Oplinger continued to engage in trading, with monthly transactions ranging from $1.87 million to $11.17 million, reflecting his ongoing interest in Alcoa. As of now, his overall wealth appears closely tied to his holdings in Alcoa, whose stock performance he closely monitors. This pattern of selling indicates strategic decision-making geared towards benefiting from the company's trends and potentially reinvesting in future opportunities.

Total Stock Sold

$27.26M

AA

$27.26M

530,288.226 AA shares

What if they kept their stock?

If William F. Oplinger didn't sell their stock, today they would have:
Extra AA530,288.226 shares worth $6.17M.
This is -77.36% and $21.09M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of William F. Oplinger.

AA

65,899 shares

AA

Jan 29, 2024

Received

AA

110,890 shares

AA

Jan 24, 2024

Received

AA

$7.11M

AA at $52.89/share

Jan 27, 2023

Sale

AA

122,635 shares

AA

Jan 25, 2023

Received

AA

$2.90K

AA at $48.14/share

Jan 23, 2023

Small Acquisition

AA

61,653 shares

AA

Jan 26, 2022

Received

AA

$8.05M

AA at $48.40/share

Nov 16, 2021

Sale

AA

43,239 shares

AA

Jan 27, 2021

Received

AA

39,290 shares

AA

Jan 23, 2020

Received

AA

19,111 shares

AA

Jan 24, 2019

Received

Compensation History

See how much did William F. Oplinger make over time.

In 2023, William F. Oplinger's total compensation reached approximately $1.86 million. His base salary was around $862,258 with no bonus awarded that year. The bulk of his earnings came from vested stocks valued at $7.5 million, which included restricted stock units (RSUs) and performance stock units (PSUs) granted earlier. His pay structure is designed to connect his earnings with Alcoa's performance, showcasing a philosophy that promotes shareholder value and retention of executive talent. The absence of a bonus reflects a potentially challenging year, highlighting the need for performance metrics to qualify for extra compensation. Oplinger's pay reflects a commitment to aligning his financial success with that of the company, which resonates well with stakeholders and management alike.

Year

2023

Total Compensation

$8.72M

Salary

$862.26K

Board Justification

The compensation philosophy is designed to align pay with performance, retain talent, and drive stockholder value through competitive compensation packages that include a significant portion of equity-based incentives.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023.

Other

$321.43K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$7.53M(144.68K RSU)

Board Justification

The vested stock includes 17,250 RSUs granted on January 25, 2023, and 27,570 PRSUs granted on February 22, 2023, which are subject to performance metrics and will vest based on achievement at the end of the performance period.

Performance Metrics

Performance metrics for 2023 included Adjusted EBITDA, Free Cash Flow, Segment Production Performance, Safety, and Inclusive Culture.

Other Alcoa CEOs

Here are other CEOs of Alcoa

Roy C. Harvey

Ex-CEO of Alcoa

November 2016 - September 2023