This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ATI Announces Operations Management Changes

Stocks in this article: ATI

Allegheny Technologies Incorporated (NYSE:ATI) announced today that John D. Sims has been named Executive Vice President, High Performance Forgings and Castings, Primary Titanium Operations, and Engineered Alloys. Mr. Sims has also been named President of our ATI Ladish business unit. Mr. Sims continues to report to Rich Harshman, ATI’s Chairman, President and Chief Executive Officer. Gary J. Vroman, previously responsible for ATI Ladish, announced his plans to retire effective December 31, 2013. Until his retirement, Mr. Vroman will be a Special Advisor reporting to Mr. Harshman.

“John Sims is well-qualified to take on the additional responsibility for ATI’s high performance forgings and castings business,” said Rich Harshman. “John brings a deep knowledge of and experience in our high performance titanium alloys, nickel-based alloys and superalloys operations. This experience and knowledge base is combined with John’s strong technical background and his established track record of strategy development and execution. John will bring a strong focus on lean manufacturing and operational excellence as we accelerate the pace of progress to enhance the technology leadership and competitive position of our high performance forgings and castings business.”

Mr. Harshman continued, “I would like to thank Gary Vroman for his more than 30 years of contributions and leadership that helped make ATI Ladish a technology leader in high performance forgings and castings. Gary’s support and efforts were critical to the successful integration of ATI Ladish upon the completion of ATI’s acquisition of Ladish in May 2011. We wish Gary well in his future endeavors.”

Mr. Sims will remain responsible for ATI’s tungsten materials business until the completion of the sale of the business. On September 16, 2013, ATI announced that it had reached an agreement to sell its tungsten materials business to Kennametal Inc. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to be completed during the fourth quarter 2013. In addition, ATI Portland Forge, which has been reported in ATI’s Engineered Products segment, is being integrated into ATI Ladish to improve operating and manufacturing efficiencies. As a result, beginning with the third quarter 2013 earnings results, ATI Portland Forge will be included in ATI’s High Performance Metals segment results.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs