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Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with Blackstone Group L.P. [3] [4] It is headquartered in Chicago, Illinois. [5] [6] In August 2024, Dave Guilmette was hired as a new CEO of the company. [7]
Hewitt designed computerized benefit programs and software so companies could manage their benefit plans. Hewitt Technologies was created in 1988 to monitor and respond to industries changing technological needs. By the beginning of the 1990s Hewitt had ventured abroad and offered benefit programs to corporations in the United Kingdom.
The largest one, Alcoa Technical Center, is located East of its Pittsburgh Headquarters at Alcoa Center, Pennsylvania. The "Tech Center" is as large as some college campuses, has its own zip code, and maintains an extensive intellectual and physical resource for innovation.
A neighborhood group voted 6-2 in favor of the deal that includes scholarships even though the deal fell short of the group's initial request.
Arconic Corporation is an American industrial company specializing in lightweight metals engineering and manufacturing. Its products are used worldwide in aerospace, automotive, packaging, oil and gas, building and construction, [4] defense, commercial transportation, consumer electronics, and industrial applications.
Solid demand for bauxite and alumina products from customers and Alcoa's (AA) pricing actions and focus on improving operational efficiency are anticipated to have boosted its Q1 earnings.