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Old 28th May 2014, 14:58
  #4361 (permalink)  
AEROMEDIC
 
Join Date: Mar 2006
Location: Melbourne
Posts: 468
Eh? He certainly wasn't global CEO, then or ever. That one was down to Tom Albanese, and he wore the consequences.
Before his departure in 2007, Clifford began the process a couple of years earlier by talking with Alcan's bosses about a merger belieing that they had to "time" the move, as Alcoa wanted Alcan as well. Rio's bid won.
Clifford departed in May 2007 and Albanese simply completed what was a bad project from the start.

Correction to my previous post. Was referring to Alcan, not Alcoa.
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