Precision Castparts Corp. Announces Retirement of Executive Vice President Kenneth Buck and Expanded Roles for Andrew Masterman and Jim Pieron

Precision Castparts Corp. (PCC) announced the planned retirement of Executive Vice President and President of Forged Products Kenneth Buck, during the first quarter of fiscal 2016.

The operational responsibilities held by Mr. Buck will be divided between two executives. Andrew Masterman, President of Airframe Products, will assume responsibility for Wyman-Gordon, and Jim Pieron, President of PCC TIMET, will assume responsibility for Special Metals Corporation.

Mr. Masterman joined PCC in 2012 as the President of PCC Fasteners, and has steadily increased his scope of responsibilities, including the successful integration and growth of the PCC Aerostructures businesses. Mr. Pieron joined PCC in 2013 with PCC's acquisition of TIMET, and has led the TIMET team through their very successful integration.

Precision Castparts Corp. is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets.