Alcoa Corp. announced that, effective Nov. 1, 2019, it will implement a new operating model that will result in a leaner, more integrated, operator-centric organization that accelerates the company’s strategic priorities. Alcoa will eliminate its business-unit structure and consolidate sales, procurement and other commercial capabilities at an enterprise level. Under the new operating model, the Alcoa Executive Team will also be streamlined from 12 to seven direct reports to the CEO.

The new structure will reduce overhead, promote operational and commercial excellence, increase connectivity between the company’s plants and leadership, ensure a continued focus on safety, and position Alcoa for sustainable profitability.