Howmet Aerospace Inc.
Howmet Aerospace CFO Retirement and Successor Appointment Announced
Summary
Howmet Aerospace Inc. announced the retirement of its Executive Vice President and Chief Financial Officer, Ken Giacobbe, effective December 31, 2025, after 21 years of service. He will transition to a special advisor role until his retirement. Patrick Winterlich will succeed Mr. Giacobbe as Executive Vice President and Chief Financial Officer, effective December 1, 2025. Mr. Winterlich joins Howmet from Hexcel Corporation, where he held the same position since 2017. His compensation package includes an annual base salary of $700,000, potential variable cash incentives up to 100% of his base salary, an annual equity award target of $2,000,000, a sign-on cash bonus of $800,000, relocation assistance, and participation in the Company's severance plans.
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About Howmet Aerospace Inc.
Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace industry. With a focus on high-performance multi-material products, the company plays a critical role in enhancing the efficiency, reliability, and safety of both commercial and military aircraft. Howmet Aerospace specializes in manufacturing precision parts such as jet engine components, fasteners, and titanium structural parts, serving major aerospace manufacturers and defense companies worldwide. The firm's technological expertise and innovation in materials science allow it to contribute significantly to advancements in aircraft design and performance. Headquartered in Pittsburgh, Pennsylvania, Howmet Aerospace operates through various plants and facilities around the world, evidencing its significant footprint and influence in the aerospace sector. Its products are integral to modern aircraft, underscoring its vital role in driving forward aerospace engineering and manufacturing capabilities.
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