RTI Announces New Operational Management Positions

Tue Oct 20, 2009 6:10pm EDT
 
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PITTSBURGH--(Business Wire)--
RTI International Metals, Inc., (NYSE: RTI), today announced a new operational
management structure. Three existing members of the RTI management team will
assume newly created positions: David Hall will serve as Senior Vice President -
Integrated Value Chain; Richard Dean will serve as Vice President - Fabrication
Operations; and Lou Bartlo will serve as Vice President - Titanium Production.
The new operational structure will take effect immediately with each of these
positions reporting directly to the CEO. In addition, the Company announced that
Michael C. Wellham has resigned his position as a director and as President and
Chief Operating Officer to become CEO of a privately held company. 

In his new role as Senior Vice President - Integrated Value Chain, Mr. Hall will
focus on global program management for the value-added businesses and will
continue with his current commercial responsibilities. He has been with RTI
since 1993, primarily managing the Company`s European operations and most
recently served as Group Vice President for the Distribution Group. Mr. Dean
rejoined RTI in 2008 and in his new position will oversee operational management
at several business units in the Company`s Fabrication Group. Lou Bartlo, who
was Group Vice President for the Titanium Group, will now serve as Vice
President - Titanium Production with operational responsibility for the titanium
mill product production facilities, including RTI`s new forging and rolling
facility under construction in Martinsville, Virginia. 

In addition to these operational positions, Vice President William A. Pallante
will be elevated to Senior Vice President - Commercial, with overall
responsibility for commercial activities across all business units. The Company
has also commenced a search for a global operations executive. 

CEO Comment

"I`m very pleased to announce this realignment of our management team and these
internal promotions. I believe this formation better aligns RTI`s reporting
structure to our operating and commercial activities and will enhance
manufacturing capability as well as our ability to continue to be a supplier of
choice within our industry," commented Dawne S. Hickton, Vice Chairman,
President, and CEO. 

Ms. Hickton continued, "I would also like to thank Mike for his leadership and
dedication throughout his tenure at RTI. While he has decided to move in a new
direction with his career, Mike has been a great supporter of our team and
played a significant role in establishing the foundation for our growth
initiatives." 

Forward Looking Statement

The statements in this release relating to matters that are not historical facts
are forward-looking statements that may involve risks and uncertainties. These
include, but are not limited to, the impact of global events on the commercial
aerospace industry, global economic conditions, the competitive nature of the
markets for specialty metals, the successful completion of our capital expansion
projects and other risks and uncertainties included in the Company`s filings
with the Securities and Exchange Commission. Actual results can differ
materially from those forecasted or expected. The information contained in this
release is qualified by and should be read in conjunction with the statements
and notes filed with the Securities and Exchange Commission on Forms 10-K and
10-Q, as may be amended from time to time. 

Company Description

RTI International MetalsĀ®, headquartered in Pittsburgh, Pennsylvania, is one of
the world`s largest producers of titanium mill products and a global supplier of
fabricated titanium and specialty metal components for the international market.
Through its various subsidiaries, RTI manufactures and distributes titanium and
specialty metal mill products, extruded shapes, formed parts and engineered
systems for commercial aerospace, defense, energy, industrial, chemical, and
consumer applications for customers around the world. To learn more about RTI
International Metals, Inc., visit our website at www.rtiintl.com.

RTI International Metals, Inc.
Richard E. Leone Director - Investor Relations, 330-544-7622
rleone@rtiintl.com 



Copyright Business Wire 2009

 

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