alcoa inc (AA:New York)

Executive Profile*

Background*

Mr. Henry B. Schacht is the Managing Director, Senior Advisor, and Member of U.S. Advisory Board of Warburg Pincus LLC. He is Director of Committee Encouraging Corporate Philanthropy. He joined the firm in 1995 leaving later that year and rejoining in 2004. Prior to that, he served as the founding Chief Executive Officer, from February 1996 to October 1997, Chairman, from 1996 to 1998, a Senior Advisor, from February 1998 to February 1999 at Lucent Technologies Inc, ... and the Chairman and Consultant in 1999. Prior to his tenure at Lucent, where Mr. Schacht returned from 2000 to 2004 and has been a Director since 1996, he was the Chief Executive Officer at Cummins Engine Company, from 1973 to 1994. Mr. Schacht also served here as the President, a Director of Cummins since 1969 and was the Chairman, from 1977 to 1995. He is a Senior Advisor to the Board of Directors of Alcoa. Mr. Schacht serves as a Director of Aluminum Company of America and Agere Systems Inc. He is a Member of Advisory Board of New Providence Asset Management LLC, an Honorary Trustee at The Brookings Institution, a Trustee of The Metropolitan Museum of Art, a board member of Newman’s Own Foundation, Newman’s Own Inc. and the Association of Hole In The Wall Camps. He was the Chairman of the Board of Trustees of The Ford Foundation. He was a Trustee of Yale University and The Rockefeller Foundation. He served as a Director of ALCOA Inc. since 1994. Mr. Schacht was a Director of American Telephone and Telegraph Company, Alcatel-Lucent, AT&T, The Chase Manhattan Bank, N.A., and The Chase Manhattan Corporation. He also served as a Director of CBS Inc. and was the Chairman of the Nominations for Directors. Mr. Schacht served as the Chairman of the lucent spin-off and Avaya Inc., from 2000 to February 2003. He was a Director of Johnson & Johnson. Mr. Schacht was a Director of New York Times Co. Mr. Schacht holds an M.B.A. degree from Harvard Business School and a B.S. degree from Yale University.

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