Alain J. P. Belda Quotes

United States, Businessman
June 23, 1943

Alain J. P. Belda is an American businessman that has been a Managing Director of Warburg Pincus since 2009. Previously he was the Chairman of the Board of Alcoa from January 2001; he was Chief Executive Officer from January 2001 until May 2008.

The combination of operating efficiencies and higher prices resulted in the strongest quarter Alcoa has ever had.

Alain J. P. Belda
It was a great quarter by any measure. We did not have significant one-time effects as we did throughout the year last year.

Alain J. P. Belda
- Year
- Measure
- Quarter

We are focused on managing what is under our control.

Alain J. P. Belda
- Control
- Focused
- Managing
Global manufacturing weakness has persisted longer than we anticipated, ... In particular, aerospace, industrial gas turbine and telecommunication markets remained soft, reinforcing the need to increase the scope of our cost savings and restructuring initiatives.

Alain J. P. Belda
I will not mortgage the future of the company.

Alain J. P. Belda
- Future
- Company
- Mortgage
While we are still fighting inflationary pressures, cost increases have slowed from last year, and our restructuring and efficiency initiatives have helped strengthen profitability.

Alain J. P. Belda
This venture deepens our investment in expanding our flat-rolled products capabilities globally and increases our manufacturing flexibility and productivity.

Alain J. P. Belda
We have an aggressive productivity program, but it has not offset the impact of escalating costs in energy and raw materials and the speed at which they are flowing through.

Alain J. P. Belda

We are experiencing the bottom-line impact of productivity improvements and the elimination of waste.

Alain J. P. Belda
That is the best long-term job protection we can offer all of our employees.

Alain J. P. Belda
- Job
- Protection
- Employees