Alcoa Names Karl Tragl President of Transportation and Construction Solutions Group

Lightweight metals leader Alcoa (NYSE:AA) has announced that Karl Tragl will become President of the Company’s Transportation and Construction Solutions Group. He succeeds José Drummond, who resigned from Alcoa to become CEO of a Brazilian company.

Tragl joins Alcoa from Bosch Rexroth AG, Bosch’s $6 billion automation solutions company, where he has held the role of chief executive officer since 2010. While there, he grew revenues significantly across a customer base that spans most of Alcoa’s major markets, including construction and commercial transportation.

Noted Klaus Kleinfeld, Alcoa Chairman and Chief Executive Officer, “Having led a highly successful global automation technology business that served the construction and commercial transportation industries, Karl will build on Alcoa’s strong innovation edge to drive profitable growth into new international markets. He also brings knowledge and experience that will be invaluable to Alcoa’s current initiatives to tap the tremendous potential of additive manufacturing and digitization for our businesses and our customers.”

Prior to his six years as CEO, Karl served in a progression of challenging roles at Bosch Rexroth. Earlier he was Partner of Siemens Management Consulting. Tragl began his career as an engineer at the German Aerospace Research Center, graduating with a PhD in Electrical Engineering at Kaiserslautern University. He also has attended executive programs at the Business Schools of both Duke and Carnegie Mellon Universities.

Category: People