Leadership & Pay ·
Kaiser Aluminum Corporation announced a leadership transition effective November 1, 2026
KALUKaiser Aluminum Corp
Kaiser Aluminum Corporation announced a leadership transition effective November 1, 2026. Fred Stephan will succeed Keith A. Harvey as Chief Executive Officer and President, joining the Board as a Class III director. The Board size will increase from nine to ten directors. Mr. Harvey will step down as CEO but remain on the Board as Executive Chairman and serve as a special advisor through October 31, 2027. Mr. Stephan’s compensation includes an $1,150,000 base salary, a $1,440,000 short-term incentive target, and significant equity grants totaling approximately $6.2 million in restricted stock units. Mr. Harvey will receive $900,000 annually as Executive Chairman during the transition period. This is a material executive succession event for Kaiser Aluminum Corporation, which produces semi-fabricated specialty aluminum products.