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EXHIBIT 99.1
LOGO
Contact: Dan L. Greenfield
412-394-3004
Rich J. Harshman
412-394-2861
ALLEGHENY TECHNOLOGIES NAMES ROBERT P. BOZZONE CHAIRMAN,
PRESIDENT AND CHIEF EXECUTIVE OFFICER
PITTSBURGH, PENNSYLVANIA, December 6, 2000 - Allegheny Technologies Incorporated
(NYSE:ATI) today named Robert P. Bozzone chairman, president and chief executive
officer.
Mr. Bozzone, who had served as vice chairman of the board of directors since
1996, succeeds Thomas A. Corcoran, who resigned. Mr. Corcoran announced that he
will be leaving the corporation at the end of the year to pursue other
interests.
The company's board of directors said it will search inside and outside the
company for a permanent chief executive officer to succeed Mr. Bozzone.
"Bob Bozzone has a wealth of industry and company experience, is widely
respected by customers and suppliers alike, and our board and management firmly
believe that he is the most appropriate person to lead the company in this
transitional period," said W. Craig McClelland, chairman of the Governance
Committee of the Board of Directors. "We are truly fortunate to have the benefit
of his service."
Mr. Bozzone has spent his entire career in the specialty metals industry. He
served as vice chairman of the board of Allegheny Ludlum Corporation,
predecessor to Allegheny Technologies, beginning in 1994. Previously, he had
served as president and CEO of Allegheny Ludlum and became a director of that
company in 1981.
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"Allegheny Technologies is a strong and diversified specialty materials company,
well-positioned for growth, and I am excited about leading it to the next level
of success," Mr. Bozzone said.
Allegheny Technologies Incorporated is one of the largest and most diversified
producers of specialty materials in the world. Our talented people use
innovative technologies to offer growing global markets a wide range of
specialty materials including stainless steel, nickel-based and cobalt-based
alloys and superalloys, titanium and titanium alloys, specialty steel alloys,
zirconium and related alloys, and tungsten-based specialty materials. Our goal
is to be the low-cost, high-quality supplier to global markets. Allegheny
Technologies can be found at http://www.alleghenytechnologies.com.
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