Summary
Howmet Aerospace Inc. (HWM) filed an 8-K on March 25, 2022, announcing significant changes to its leadership team. Merrick Murphy has been appointed President of the Engine Products segment, a move the company expects to leverage given the segment's strong performance amidst the commercial aerospace recovery. Mr. Murphy brings extensive experience, having previously led the Engineered Structures and Forged Wheels segments, and possesses 25 years with the company. Furthermore, Ramiro Gutierrez has been promoted to President of the Engineered Structures segment. Mr. Gutierrez joined Howmet in October 2021 and brings 30 years of commercial leadership experience. These appointments are intended to strengthen the company's leadership capabilities. Notably, Dirk Bauer, the former President of Engine Products, has departed the company.
Key Highlights
- 1Howmet Aerospace Inc. announced leadership changes effective March 24, 2022.
- 2Merrick Murphy appointed President of the Engine Products segment.
- 3Ramiro Gutierrez appointed President of the Engineered Structures segment.
- 4The company anticipates leveraging Mr. Murphy's leadership in the strong-performing Engine Products segment.
- 5Mr. Murphy has 25 years of experience with Howmet Aerospace.
- 6Mr. Gutierrez brings 30 years of commercial leadership experience to his new role.
- 7Dirk Bauer, former President of Engine Products, has left the company.