ATI names J. Robert Foster as Chief Financial Officer
ATI (NYSE: ATI) named James Robert "Rob" Foster as Senior Vice President, Finance and Chief Financial Officer, effective January 1, 2026.
Rhea-AI Summary
ATI (NYSE: ATI) named James Robert "Rob" Foster as Senior Vice President, Finance and Chief Financial Officer, effective January 1, 2026.
Foster, an internal appointee who led Specialty Alloys & Components and previously oversaw finance, supply chain and capital projects, succeeds Don Newman, who will become Strategic Advisor to the CEO on January 1, 2026 and retire on March 1, 2026.
The company reiterated its Q4 and full-year 2025 guidance and described Foster's hire as intended to drive disciplined investment, operational excellence and long-term shareholder value.
Positive
- Internal promotion preserves institutional knowledge
- Effective date of CFO role: January 1, 2026
- Company reiterated Q4 and full-year 2025 guidance
Negative
- Outgoing CFO retirement on March 1, 2026 reduces incumbent tenure
Details
News Market Reaction – ATI
In the Dec 8 session, ATI declined 0.77%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- CFO effective date
- January 1, 2026
- Rob Foster becomes SVP Finance and CFO
- CFO retirement date
- March 1, 2026
- Don Newman retirement as previously announced
- Current share price
- $100.41
- Price before CFO announcement impact
- 52-week range
- $39.23–$103.64
- Pre-announcement trading range
Historical Context
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CEO Kimberly Fields elected Board Chair, emphasizing unified leadership for growth.
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Q3 2025 beat with higher aerospace sales and raised full-year guidance.
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Scheduled Q3 2025 earnings call and webcast details for investors.
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Added two senior aerospace executives to board to support growth strategy.
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Announced Don Newman’s March 2026 retirement and reaffirmed 2025 guidance.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
erp technical
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Proven ATI leader brings operational depth and financial discipline to drive next phase of growth
Foster, a longtime ATI leader, brings a unique combination of operational depth and financial discipline to the CFO role. He most recently served as President of ATI's Specialty Alloys & Components business, where he improved efficiency, expanded capacity, and advanced ATI's position as a global leader in exotic alloys. Foster previously served as ATI's Vice President of Finance, Supply Chain and Capital Projects, overseeing the Company's global finance organization, capital deployment processes, and enterprise supply chain performance. Earlier, he led Finance for both ATI operating segments and the Forged Products business.
"Rob is a proven P&L leader with enterprise-wide experience in the areas that matter most to ATI's continued growth," said Kim Fields, President and CEO of ATI. "He brings deep expertise not only in finance but also as an operational leader. Rob played a pivotal role in the successful Specialty Rolled Products transformation, consistently helping ATI to deliver strong returns and shareholder value. I look forward to partnering with him as we enter our next phase of profitable growth."
"I'm honored to become ATI's next CFO," said Foster. "ATI is well-positioned with a strong balance sheet, focused strategy, and significant opportunities ahead. I look forward to working with our team to drive disciplined investment, operational excellence, and long-term value creation for our shareholders."
Newman added, "Rob is an exceptional leader who understands ATI's strategy, operations, and financial drivers. He has delivered transformative results across the organization. I look forward to supporting a seamless transition as we pursue this next step in our succession planning."
Before joining ATI in 2012, Rob held senior finance roles at API Technologies Corp. and Spectrum Control Inc., where he led ERP implementations, acquisition integrations, and internal control enhancements. He began his career as an auditor at Ernst & Young (EY). Foster holds a bachelor's degree from Robert Morris University and an MBA from Penn State University.
ATI today reiterated its guidance for the fourth quarter and full year 2025.
ATI: Proven to Perform
ATI (NYSE: ATI) is a producer of high-performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere. Learn more at ATImaterials.com.
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