ATI Inc. (NYSE: ATI) has announced key changes in its leadership team, with Kimberly A. Fields being elected as the new Board Chair, effective May 14, 2026, succeeding Robert S. Wetherbee, who will retire as Executive Chair and as a member of the Board. Fields, who has been serving as Chief Executive Officer since July 1, 2024, has been credited with driving ATI's growth as an aerospace and defense powerhouse, with more than 70% of the company's revenues now coming from these core markets.
Under Wetherbee's leadership, ATI transformed into an aerospace and defense leader, growing share and creating value for customers and shareholders. The press release highlighted Wetherbee's focus on developing talent across the entire leadership team to ensure a smooth succession.
The announcement emphasized the company's strategy of high performance and differentiation, with the Board expressing confidence in ATI's ability to grow shareholder value under Fields' leadership. Fields, in turn, expressed her commitment to building on the company's momentum, shaping ATI's next chapter of growth and innovation, and delivering sustainable growth and long-term value for shareholders.
Notably, ATI is a producer of high-performance materials and solutions for the global aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy. The company's proprietary process technologies, unique customer partnerships, and commitment to innovation aim to deliver materials and solutions for today and the evermore challenging environments of tomorrow. As a result of these announcements, the company's shares have moved -0.62% on the market, and are now trading at a price of $98.75. For more information, read the company's full 8-K submission here.
