Alcoa changed its corporate name in January 1999 from Aluminum Company of America to Alcoa Inc. to reflect the global scope of the company and its diverse workforce. This formalized the use of the name, which has been in popular use around the world since 1929. New York designer Arnold Saks modernized the classic trademark, originally designed by Saul Bass, to reflect the character and style that is taking the company into the 21st century.