Don Newman, CFO of ATI Inc., to Retire After Dedicated Service

Don Newman, CFO of ATI Inc., Announces Retirement



In a significant announcement for the corporate world, Don Newman, the Executive Vice President of Finance and Chief Financial Officer of ATI Inc., has declared his intention to retire effective March 1, 2026. This news marks the conclusion of a notable chapter in Newman’s career, having joined ATI in 2020, where he has been pivotal in enhancing the firm's financial stability and strategic direction.

Newman informed the company on September 10, 2025, about his decision, which has prompted ATI to begin the search for his successor. Until his retirement, Newman will continue to oversee the finance department, ensuring a smooth transition for whoever takes on his roles.

Kimberly A. Fields, President and CEO of ATI, expressed gratitude for Newman’s contributions, highlighting his role in transforming the company’s balance sheet and capital structure. Under Newman’s guidance, ATI has made strides in returning capital to shareholders and optimizing its operations which have laid a strong foundation for the company's future growth. With a focus on high-performance materials and solutions across aerospace and defense sectors, ATI is now well-positioned to tackle successive market challenges.

In a statement, Newman expressed pride in his accomplishments during his tenure and emphasized his commitment to supporting ATI during its transition. “It has been an honor to serve as ATI’s CFO and to work alongside such a dedicated and talented team. I’m proud of what we’ve achieved,” he stated. His leadership has been instrumental in driving significant financial performance and strategic initiatives, including shifting ATI towards a predominant AD business model.

Rob Foster, currently the Vice President of Financial and Operating Strategies, will spearhead the development of ATI's financial strategy for 2026. Foster brings a wealth of experience, having previously served as President of Specialty Alloys Components, and is expected to maintain continuity in the finance team.

The firm is engaging an executive search firm to identify a successor, focusing on candidates with robust operational backgrounds and a successful track record in industries akin to those ATI operates within, particularly aerospace or complex industrial sectors.

As ATI prepares for this leadership transition, it has reaffirmed its financial guidance for the third quarter and the entire fiscal year of 2025, ensuring stakeholders of its ongoing dedication to growth and performance amidst change.

In conclusion, Don Newman’s upcoming retirement serves as a reminder of the turbulent nature of leadership in public companies. ATI Inc. is committed to continuing its trajectory of success, leveraging Newman's legacy while steering towards a promising future in high-performance materials. Their mission is to solve some of today’s most pressing challenges through innovative materials science, as they partner with clients to push the boundaries of what’s achievable in various demanding environments.

For more insights about ATI’s operations and ongoing updates regarding the CFO transition, visit ATImaterials.com.

Topics General Business)

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