ATI Inc. CFO Don Newman to Retire

By Philip Seaworth • Wednesday, September 10 15:37 • Permanent Link

ATI Inc. (NYSE: ATI) has announced the retirement of Don Newman, the company's Executive Vice President, Finance, and Chief Financial Officer, effective March 1, 2026. Newman will continue to serve as CFO until his retirement, after which he will remain with the company in an advisory capacity for a period to ensure a smooth transition.

Since joining ATI in 2020, Newman has played a pivotal role in shaping the company's long-term strategy and strengthening its financial foundation. Under his leadership, ATI transformed its balance sheet, optimized its capital structure, and returned capital to shareholders through share repurchases.

ATI's President and CEO, Kimberly A. Fields, expressed appreciation for Newman's contributions, acknowledging his role in driving strong financial performance and shaping the company's long-term strategic goals. Newman, in turn, expressed confidence in ATI's continued success and voiced his commitment to supporting a seamless transition.

Rob Foster, ATI's Vice President of Financial and Operating Strategies, will lead the development of ATI's 2026 financial plan. Foster, who previously served as President of Specialty Alloys & Components, brings extensive cross-business knowledge and a proven track record to his new role.

ATI has initiated the search for Newman's successor and will consider both external and internal candidates. The company is focused on identifying a finance leader with deep operational experience and a strong track record of performance in complex industrial or aerospace environments.

Meanwhile, ATI has reiterated its guidance for the third quarter and full year 2025. The company remains committed to delivering high-performance materials and solutions for the global aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy.

ATI's strategic focus on innovation, unique customer partnerships, and commitment to delivering materials and solutions for today's and tomorrow's challenging environments underscores the company's positioning as a proven performer in its industry. As a result of these announcements, the company's shares have moved 1.46% on the market, and are now trading at a price of $75.97. If you want to know more, read the company's complete 8-K report here.

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