Alcoa (AA) executive compensation, 2026 proxy

William F. Oplinger, President and Chief Executive Officer, was paid $14M in 2025, up 4% from $13.5M the year before. The CEO-to-median-employee pay ratio was 132:1, on median employee pay of $106,009.

Filed
March 19, 2026
Annual meeting
May 6, 2026
Pay year
2025
Named executives
5
CEO total pay
$14M+4% vs prior year
CEO to median employee
132:1median $106,009
CEO pay in equity
71%$9.9M in awards
Prior say-on-pay support
88%of votes cast
CEO Base Salary
$1,298,925For fiscal 2025
Median Employee Pay
$106,009Based on global population
Say-on-Pay Approval
88%Total shares represented
PRSU Payout
31.7%For 2023-2025 period

How Oplinger was paid

$14M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards71%Non-equity incentive17%Pension and deferred comp2%All other compensation1%

Named executive officers

ExecutiveTotal
William F. OplingerPresident and Chief Executive Officer$14,002,088
Molly S. BeermanExecutive Vice President and Chief Financial Officer$4,336,490
Matthew T. ReedExecutive Vice President and Chief Operations Officer$4,249,281
Andrew HastingsExecutive Vice President and General Counsel$3,081,712
Renato BacchiExecutive Vice President and Chief Commercial Officer$2,863,681

What changed and why

  • $14MWilliam F. Oplinger received total compensation of $14,002,088 for 2025, an increase from the prior year total of $13,495,263.
  • The ratio of the CEO annual total compensation to the median employee total compensation was 132 to 1.
  • A new median employee was identified for 2025 due to changes in the global employee population and compensatory arrangements.
  • 31.7%The 2023-2025 performance share units achieved a below target payout of 31.7 percent based on performance metrics.
  • 88%Stockholders expressed support for executive compensation programs with over 88 percent approval at the 2025 annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.