ATI Inc. CFO Don Newman Announces Retirement

By Hao Liu • Wednesday, September 10 10:21 • Permanent Link

ATI Inc. (NYSE: ATI) has announced the retirement of Don Newman, the Executive Vice President, Finance, and Chief Financial Officer. Newman will retire on March 1, 2026, and until then, he will continue to serve in his current role. Following his retirement, he will provide advisory support to ensure a smooth transition. During his tenure, Newman played a significant role in shaping ATI's long-term strategy and strengthening its financial foundation. This included optimizing the company's capital structure and returning capital to shareholders through share repurchases. As a result, ATI has transformed its balance sheet and has seen strong financial performance.

Rob Foster, the Vice President of Financial and Operating Strategies at ATI, will lead the development of ATI’s 2026 financial plan. The company is currently in the process of searching for Newman's successor and has engaged a leading executive search firm to assist in finding a proven finance leader with deep operational experience, particularly in complex industrial or aerospace environments.

ATI also reiterated its guidance for the third quarter and full year of 2025. The company is known for producing high-performance materials and solutions for global aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy. Its proprietary process technologies and customer partnerships aim to deliver materials and solutions for today and the increasingly challenging environments of the future.

In terms of performance, ATI has been delivering on its long-term strategic goals, including its transformation to a majority aerospace and defense business, as well as driving strong financial results. The company's focus on continued growth and its commitment to innovation are evident in its efforts to position itself for success in the years ahead. As a result of these announcements, the company's shares have moved -3.38% on the market, and are now trading at a price of $74.88. For more information, read the company's full 8-K submission here.

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