Howmet Aerospace Announces Executive Leadership Changes

Rhea-AI Summary

Howmet Aerospace (NYSE:HWM) announced executive leadership changes on October 22, 2025. Longtime Executive Vice President and Chief Financial Officer Ken Giacobbe will retire effective December 31, 2025 after 21 years with the company and will serve as special advisor from December 1–31, 2025. Effective December 1, 2025, Patrick Winterlich will join as Executive Vice President and Chief Financial Officer. Mr. Winterlich most recently served as Executive Vice President and Chief Financial Officer at Hexcel, where he held roles since 1998 and became CFO in 2017. He will be based at Howmet’s global headquarters in Pittsburgh, Pennsylvania.

Positive

• Named successor effective Dec 1, 2025
• Patrick Winterlich has CFO experience since 2017
• 21-year institutional continuity preserved via advisor overlap

Negative

• Ken Giacobbe retirement effective Dec 31, 2025 removes long-tenured CFO
• Only one-month overlap may limit transition depth

PITTSBURGH, Oct. 22, 2025 /PRNewswire/ -- After 21 years of service to Howmet Aerospace Inc. (NYSE:HWM) and in turning 60, Ken Giacobbe, Executive Vice President and Chief Financial Officer, has decided to retire on December 31, 2025. Mr. Giacobbe has been a valued contributor to Howmet's success. He has been a trusted partner to John Plant, Executive Chairman and Chief Executive Officer, and an invaluable resource to the Company's Board of Directors and the businesses within Howmet. From December 1 to December 31, 2025, Mr. Giacobbe will serve as special advisor to Mr. Plant. The Company wishes Mr. Giacobbe well in his retirement.

Effective December 1, 2025, Patrick Winterlich will join Howmet as Executive Vice President and Chief Financial Officer. Mr. Winterlich most recently was Executive Vice President and Chief Financial Officer at Hexcel Corporation. He joined Hexcel in 1998 and has held roles of increasing responsibility in Finance, Operations and Information Technology, prior to assuming his current role as Executive Vice President and Chief Financial Officer at Hexcel in 2017.

Mr. Winterlich will be based at Howmet's Global Headquarters in Pittsburgh, Pennsylvania.

About Howmet Aerospace
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Company's primary businesses focus on jet engine components, aerospace fastening systems, and airframe structural components necessary for mission-critical performance and efficiency in aerospace and defense applications, as well as forged aluminum wheels for commercial transportation. With approximately 1,170 granted and pending patents, the Company's differentiated technologies enable lighter, more fuel-efficient aircraft and commercial trucks to operate with a lower carbon footprint. For more information, visit www.howmet.com.

Dissemination of Company Information
Howmet Aerospace intends to make future announcements regarding Company developments and financial performance through its website at www.howmet.com.

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SOURCE Howmet Aerospace Inc.

FAQ

When will Howmet Aerospace (HWM) CFO Ken Giacobbe officially retire?

Ken Giacobbe will retire effective December 31, 2025.

Who is the incoming Howmet Aerospace (HWM) CFO and when does he start?

Patrick Winterlich will join as Executive Vice President and CFO effective December 1, 2025.

What is Patrick Winterlich’s background before joining Howmet (HWM)?

He was Executive Vice President and CFO at Hexcel, joined Hexcel in 1998 and became CFO in 2017.

Will there be a transition overlap between Howmet’s outgoing and incoming CFOs (HWM)?

Yes; Ken Giacobbe will serve as special advisor from December 1–31, 2025 during the transition.

Where will Howmet Aerospace’s (HWM) new CFO be based?

Patrick Winterlich will be based at Howmet’s global headquarters in Pittsburgh, Pennsylvania.