Howmet Aerospace Appoints Legal Chief Jonathan Arena; Stock Upgraded to Buy
Howmet Aerospace appointed Jonathan Arena as Executive Vice President, Chief Legal and Compliance Officer and Secretary, drawing on his experience at Huntington Ingalls, Boeing and NASA. The company’s stock was upgraded to Buy by Zacks and recommended for growth investors due to strong earnings optimism and above-average financial growth.
1. New Executive Appointment
Howmet Aerospace named Jonathan Arena as Executive Vice President, Chief Legal and Compliance Officer and Secretary. Arena brings experience from Huntington Ingalls Industries’ shipbuilding division, senior legal roles at Boeing and NASA, and will be based at the company’s Pittsburgh headquarters.
2. Stock Upgrade and Growth Outlook
The company’s shares received a Buy rating via Zacks Rank #2, driven by confidence in above-average financial growth and a positive earnings outlook. Growth investors are highlighted the firm’s market-leading aerospace components portfolio and recently strengthened leadership team as potential catalysts for outperformance.