New management at Arcelor Mittal

According to Arcelor Mittal, they lead the world in steel production and revenue. The company operates 61 plants across 27 countries, employing some 320,000 employees.

On August 4, 2006, the company issued the following statement:
Arcelor and Mittal Steel Company are pleased to announce today the Chief Executive Officer, Chief Financial Officer, members of the Management Board and members of the Board of Directors for Arcelor Mittal. Roland Junck has been appointed CEO. Roland Junck is currently Senior Executive Vice President of Arcelor's Group Management Board, a position he has held since Arcelor's creation in 2002 following the merger of Aceralia, Arbed and Usinor. Since 2006 he has held responsibility for Long Carbon Steel Europe, Long Carbon Steel South America, Wire Drawing and Co-ordination China. Prior to the creation of Arcelor, Mr Junck was a member of the Arbed Group management board, a company he joined in 1980.

Aditya Mittal has been appointed CFO, with additional responsibility for the Flat American business. The other four members of the Management Board will be:
  • Michel Wurth, Senior Executive Vice President Flat Products Europe
  • Malay Mukherjee, Senior Executive Vice President Stainless, Mining, Asia & Africa
  • Gonzalo Urquijo, Senior Executive Vice President Long Products and Distribution
  • Davinder Chugh, Senior Executive Vice President Shared Services

  • The appointments were approved today by the Board of Directors of both Arcelor and Mittal Steel. They take place with immediate effect allowing for the immediate start of the integration process. The new Management Board will meet For the first time on Tuesday 8th August.

    The 18 members of the new Board of Directors for Arcelor Mittal will be as follows, subject to shareholder approval:

    Arcelor representatives
    Joseph Kinsch Chairman of the Board
    José Ramon Alvares Rendueles (Independent)
    Edmond Pachura (Independent)
    HRH the Prince Guillaume of Luxembourg (Independent)
    Sergio Silva de Freitas (Independent)
    Jean-Pierre Hansen (Independent)

    Mittal Steel representatives
    Lakshmi N. Mittal, President of the Board
    Vanisha Mittal
    Wilbur Ross
    Lewis Kaden (Independent)
    François Pinault (Independent)
    Narayanan Vaghul (Independent)

    Shareholder representatives
    Georges Schmit (Luxembourg State)
    Antoine Spillmann (JMAC)
    Romain Zaleski (Tassara)

    Employee representatives
    John Castegnaro
    Michel Marti
    Manuel Fernández López

    On August 15, Arcelor Mittal announced a series of changes in management for their U.S. operations, including:

    Lou Schorsch becomes Chief Executive of Flat Products in the Americas (U.S., Canada, Mexico, Brazil) - reports to Aditya Mittal.

    Mike Rippey becomes President and CEO for Mittal Steel U.S.A. - reports to Schorsch. Rippey was CFO for Ispat Inland, then VP for Sales and Marketing for MIttal Steel USA.

    Len Chuderewicz replaces William Brake who left the company as Executive VP for Operations Chuderewicz had been running the East Chicago Indiana Harbor plant for Mittal/ Ispat Inland since 2004, after retiring from U.S. Steel.

    Dan Mull becomes VP for Sales and Marketing, formerly was with Ispat Inland, Bethlehem Steel.