Unprecious Metal

Maiello, Michael
May 2006
Forbes Asia;5/8/2006, Vol. 2 Issue 8, p68
The article highlights the leadership of Alain J. P. Belda as CEO of U.S.-based aluminum company Alcoa. His base salary is $1.3 million in 2005. He claims that the company saved $3.3 billion since 2001 after he implemented a system that canceled pension benefits to new employees in favor of 401(k) plans and the daily monitoring of work flow at every division.


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