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Board Committees

Board of Directors of Howmet Aerospace
James F. Albaugh ⁽¹⁾      
Amy E. Alving       Chair
Sharon R. Barner        
Joseph S. Cantie    
Robert F. Leduc     Chair    
David J. Miller        
Jody G. Miller      
Nicole W. Piasecki   Chair    
John C. Plant ⁽²⁾          
Ulrich R. Schmidt Chair     Chair  

Audit
Cybersecurity Advisory Subcommittee of the Audit Committee
Compensation and Benefits
Finance
Governance and Nominating

(1) Lead Director
(2) Executive Chairman

Audit Committee

  • Oversees the integrity of the financial statements and internal controls, including review of the scope and the results of the audits performed by the internal and independent auditors
  • Appoints the independent auditors and evaluates their independence and performance
  • Reviews the organization, performance and adequacy of the internal audit function
  • Pre-approves all audit, audit-related, tax and other services to be provided by the independent auditors
  • Oversees the Company’s compliance with legal, ethical and regulatory requirements
  • Discusses with management and the auditors the Company's policies with respect to risk assessment and risk management, including major financial risk exposures
  • Monitors the Company's risks relating to cybersecurity (see also Cybersecurity Advisory Subcommittee Charter)


James F. Albaugh
Joseph S. Cantie
Ulrich R. Schmidt – Chair
Compensation and Benefits Committee

  • Recommends the Chief Executive Officer’s compensation for approval by the independent directors of the Board, based upon an evaluation of performance in light of approved goals and objectives
  • Reviews and approves the compensation of the Company’s officers
  • Oversees the implementation and administration of the Company’s compensation and benefit plans, including pension, savings, incentive compensation and equity-based plans
  • Reviews and approves general compensation and benefit policies
  • Approves the Compensation Discussion and Analysis for inclusion in the proxy statement
  • Has the sole authority to retain and terminate a compensation consultant, as well as to approve the consultant’s fees and other terms of engagement
  • Has the authority to obtain advice and assistance from legal or other advisors

The Compensation and Benefits Committee may form and delegate its authority to subcommittees, including subcommittees of management when appropriate. Executive officers do not determine the amount or form of executive or director compensation, although the Chief Executive Officer provides recommendations to the Compensation and Benefits Committee regarding compensation changes and incentive compensation for executive officers other than himself.



Joseph S. Cantie
Robert F. Leduc – Chair
Nicole W. Piasecki
Cybersecurity Advisory Subcommittee

  • Assists the Audit Committee and Board in regularly reviewing the state of the Company’s cybersecurity, including review of the threat landscape facing the Company and the Company’s strategy to mitigate cybersecurity risks, which include initiatives for identification, protection, detection, response and recovery, employee training on cybersecurity matters and consideration of the impact of emerging cybersecurity developments that may affect the Company.
  • Regularly brings cybersecurity developments or issues to the attention of the Board and/or the Audit Committee.


Amy E. Alving
Jody G. Miller
Nicole W. Piasecki – Chair
Finance Committee

Reviews and provides advice and counsel to the Board regarding the Company’s:

  • Capital structure
  • Financing transactions
  • Capital Expenditures and capital plan
  • Acquisitions and divestitures
  • Share repurchase and dividend programs
  • Policies relating to interest rate, commodity and currency hedging
  • Pension plan Performance and funding


Joseph S. Cantie
David J. Miller
Ulrich R. Schmidt – Chair
Governance and Nominating Committee

  • Identifies individuals qualified to become Board members and recommends them to the full Board for consideration, including evaluating all potential candidates, whether initially recommended by management, other Board members or shareholders
  • Reviews and makes recommendations to the Board regarding the appropriate structure and operations of the Board and Board committees
  • Makes recommendations to the Board regarding Board committee assignments
  • Develops and annually reviews corporate governance guidelines of the Company, and oversees other corporate governance matters
  • Reviews related person transactions
  • Coordinates an annual performance review of the Board, Board committees and individual directors
  • Periodically reviews and makes recommendations to the Board regarding director compensation


James F. Albaugh
Amy E. Alving – Chair
Sharon R. Barner
Jody G. Miller
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