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ArcelorMittal’s board of directors is responsible for strategic direction and oversight of the company

Board of directors

The 11-member board of directors is responsible for the strategic direction and oversight of the business, as well as for appointing senior management.

Name
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Lakshmi N. Mittal

Lakshmi N Mittal is the chairman and chief executive officer of ArcelorMittal. Mr Mittal founded Mittal Steel Company (formerly the LNM Group) in 1976.

Mr Mittal is a philanthropist and a member of various boards, including Goldman Sachs and EADS. He is a member of the Indian Prime Minister’s Global Advisory Council, the Foreign Investment Council in Kazakhstan, the World Economic Forum’s International Business Council, the World Steel Association’s Executive Committee and the Presidential International Advisory Board of Mozambique. He sits on the advisory board of the Kellogg School of Management in the US and is a member of the board of trustees of Cleveland Clinic.

Lakshmi Mittal began his career working in the family's steelmaking business in India, and has more than 35 years’ experience working in the steel and related industries.

In addition to forcing the pace of consolidation in the steel industry, he has also championed the development of integrated mini-mills and the use of direct-reduce iron as a scrap substitute for steelmaking. Following the transaction combining Ispat International and LNM Holdings to form Mittal Steel in December 2004, together with the simultaneous announcement of the acquisition of International Steel Group in the United States, he led the formation of the world’s then-leading steel producer. In 2006, under his leadership, Mittal Steel merged with Arcelor to form ArcelorMittal.

Among his many awards and honours, he was named ‘Business Person of 2006’ by The Sunday Times, ‘International Newsmaker of the Year 2006’ by Time magazine and ‘Person of the Year 2006’ by the Financial Times. He has received the Padma Vibhushan, India’s second highest civilian honour, and a Forbes Lifetime Achievement Award. He has been awarded with a Doctor Honoris Causa by the AGH University of Science and Technology in Krakow, Poland.

Lewis B Kaden was vice chairman of Citigroup from 2005 until 30 April, 2013. He was previously a partner in the law firm Davis Polk & Wardwell, and served as counsel to the governor of New Jersey, as a professor of law at Columbia University and as director of Columbia University’s Center for Law and Economic Studies.

He has served as a director of Bethlehem Steel Corp for 10 years and is chairman of the board of directors of the Markle Foundation. He is a member of the Council on Foreign Relations and has been a moderator of the Business-Labor Dialogue.

Mr Kaden is a magna cum laude graduate of Harvard College and Harvard Law School.

He is the lead independent director on the ArcelorMittal board of directors.

Tye Burt was appointed president and chief executive officer of Kinross Gold Corporation, a mining company listed in New York and Toronto in March 2005. He held this position until August 2012.

Mr Burt has a wealth of experience in the global mining industry, specialising in corporate finance, business strategy and mergers and acquisitions. Prior to joining Kinross, he held the position of vice chairman and executive director of corporate development at Barrick Gold Corporation. Other previous positions include: president, Cartesian Capital Group from 2000 to 2002; chairman, Deutsche Bank Canada and Deutsche Bank Securities Canada; global managing Director, global metals and mining for Deutsche Bank AG from 1997 to 2000 and managing director and co-head of the global mining group at BMO Nesbitt Burns from 1995 to 1997. He held various other positions at BMO Nesbitt Burns from 1986 to 1995.

Mr Burt is a board member of Dacha Strategic Metals Inc. and the Life Sciences Research Campaign Chair for the University of Guelph’s Better Planet project. He is also a member of the Duke of Edinburgh's Award Charter for Business’ board of governors.

Mr Burt is a graduate of Osgoode Hall Law School in Toronto and a member of the Law Society of Upper Canada. He holds a bachelor of arts from the University of Guelph.

Jeannot Krecké was appointed Luxembourg’s Minister of the Economy and Foreign Trade and Minister of Sport in 2004. After the elections of 2009, he retained the portfolio of Minister of the Economy and Foreign Trade.

From July 2004 to February 2012, he represented the Luxembourg government at the Council of Ministers of the European Union in the internal market and industry sections of its competitiveness configuration, on the Economic and Financial Affairs Council and in the energy section of its transport, telecommunications and energy configuration. He was a member of the Eurogroup from 2004 to 2009.

Mr. Krecké is currently the chief executive officer of Key International Strategy Services and is on the board of JSFC Sistema and CalzedoniaFinanziara S.A.

He attended the Université Libre de Bruxelles (ULB), where he graduated in physical and sports education. He later retrained in economics, accounting and taxation.

Bruno Lafont is Chairman and Chief Executive Officer (CEO) of construction materials company Lafarge . He joined Lafarge in 1983 and became its chairman and CEO in 2007

Bruno Lafont is a member of the Executive Committee of the World Business Council for Sustainable Development. 
 
Bruno Lafont is presently chairing the Energy & Climate Change Working Group of the ERT (European Roundtable of Industrialists) and the Sustainable Development Commission of the MEDEF (Mouvement des Entreprises de France, the French employers association).
 
Bruno Lafont is Special adviser to the Mayor of Chongqing (China). He is a Board Member of EDF and a Board Member of ArcelorMittal.
 
Born in 1956, Bruno Lafont is a graduate from the Hautes Etudes Commerciales business school (HEC 1977, Paris) and the Ecole Nationale d'Administration (ENA 1982, Paris).

Vanisha Mittal Bhatia was appointed as a member of the LNM Holdings Board of Directors in June 2004. Ms. Vanisha Mittal Bhatia was appointed to Mittal Steel’s Board of Directors in December 2004. She has a Bachelor of Arts degree in Business Administration from the European Business School and has worked at Mittal Shipping Ltd, Mittal Steel Hamburg GmbH, an Internet-based venture capital fund, within the procurement department of Mittal Steel, in charge of a cost-cutting project, and is currently Head of Strategy for Aperam. She is the daughter of Mr. Lakshmi N. Mittal.

Suzanne Nimocks was a director at global management consulting firm McKinsey & Company from 1999 to 2010, and worked as a leader in the firm’s global petroleum, electric power & natural gas, organisation and risk management practices. She chaired the environmental committee of the Greater Houston Partnership, the primary advocate of Houston’s business community, until the end of 2010. Mrs Nimocks is currently a board member for Encana Corporation, Rowan Companies Inc, and Owens Corning, all listed companies, and Valerus, a private company.

She has a degree in economics from Tufts University and an MBA from the Harvard Business School.

Wilbur L Ross Jr is the chairman and chief executive officer of WL Ross & Co. LLC, a merchant banking firm, a position that he has held since April 2000. WL Ross & Co is part of Invesco Private Capital, a listed company, of which Mr Ross is chairman. As such, Mr. Ross is also the chairman and chief executive officer of several unlisted Invesco portfolio companies. Mr. Ross is the chairman of Ohizumi Manufacturing Company in Japan, International Textile Group and Diamond S Shipping, all of which are unlisted companies, and of the Japan Society and the Economics Studies Council of the Brookings Institution, which are non-profit entities.

Wilbur L Ross is a director of International Automotive Components and Compagnie Européenne de Wagons SARL (Luxembourg), both non-listed companies, and also a director of the Yale School of Management and the Harvard Business School Dean’s Advisory Board.  He sits on the boards of Air Lease Corp., Assured Guaranty, BankUnited, EXCO Resources and Greenbrier, all NYSE-listed, and of PLASCAR, which is listed in Brazil.

Antoine Spillmann is an asset manager and executive partner at the firm Bruellan Wealth Management; an independent asset management company based in Geneva, Switzerland. Antoine is also a non-independent board member of Bondpartners SA, Lechanche SA and Sibelco Switzerland AG. Prior to this, he worked for leading investment banks in London from 1986 to 2000.

Antoine studied in Switzerland and London, UK, receiving diplomas in investment management and corporate finance from the London Business School. 

Narayanan Vaghul has more than 50 years of experience in the financial sector. He was the chairman of ICICI Bank Limited between 2002 and April 2009. Previously, he served as the chairman of the Industrial Credit and Investment Corporation of India group, a long-term credit development bank for 17 years. Prior to that, he has been chairman of the Bank of India and executive director of the Central Bank of India.

Mr Vaghul has been a visiting professor at the Stern Business School at New York University and has served as a consultant to the World Bank, the International Finance Corporation and the Asian Development Bank. He is currently chairman of the Indian Institute of Finance Management and  Research and is also a board member of various other companies, including Wipro, Mahindra & Mahindra, Nicholas Piramal India and Apollo Hospitals.

Narayanan Vaghul was chosen as ‘Businessman of the Year’ in 1992 by Business India. In 2010, he was awarded the Indian Padma Bhushan – the third highest civilian honour in the country - in the trade and industry category.

Michel Wurth joined Arbed in 1979 and held a variety of functions before joining the Arbed Group Management Board and becoming its chief financial officer in 1996. The merger of Aceralia, Arbed and Usinor, leading to the creation of Arcelor in 2002, led to Mr. Wurth’s appointment as senior executive vice president and CFO of Arcelor. He became a member of ArcelorMittal’s Group Management Board in 2006, responsible for Flat Carbon Europe, Global R&D, Distribution Solutions and Long Carbon Worldwide, respectively. Michel Wurth retired from the GMB in April 2014 and was elected to ArcelorMittal’s board of directors in May 2014. 


He holds a law degree from the University of Grenoble, France, and a degree in political science from the Institut d’Études Politiques de Grenoble as well as a master’s in economics from the London School of Economics, UK. Michel Wurth is also doctor of laws honoris causa of Sacred Heart University, Luxembourg. 

Company Secretary: Henk Scheffer