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The Group Management Board is responsible for the strategic direction of ArcelorMittal

Group Management Board

The Group Management Board is responsible for the implementation of the company strategy, overall management of the business and all operational decisions.

Members of the Group Management Board (GMB) are elected by the board of directors and the GMB is headed by chief executive Lakshmi N Mittal.

Name

Chairman and CEO

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.

Chief financial officer (CFO), CEO of ArcelorMittal Europe, responsible for Flat Carbon Europe, Long Carbon Europe and distribution solutions

Aditya Mittal is chief financial officer (CFO), CEO of ArcelorMittal Europe, responsible for Flat Carbon Europe, Long Carbon Europe and distribution solutions.

Prior to this, he was chief financial officer of ArcelorMittal with responsibility for Flat Carbon Europe, investor relations and communications. He joined Mittal Steel in 1997, and was president and CFO of Mittal Steel Company from 2004 to 2006. As CFO of Mittal Steel, he initiated and led Mittal Steel’s offer for Arcelor.

In 2008 Aditya Mittal was named ‘European Business Leader of the Future’ by CNBC Europe. In 2011 he was ranked fourth in Fortune magazine’s ‘40 under 40’ list. He is a member of the Young Presidents’ Organisation and a board member at the Wharton School and PPR.

Aditya Mittal has a degree in economics from the Wharton School in Pennsylvania, US.

CEO of ArcelorMittal Americas, responsible for Flat Carbon Americas and Long Carbon Americas, as well as strategy, technology, R&D, global automotive and commercial co-ordination

Dr Louis Schorsch was previously member of the Group Management Board, responsible for Flat Carbon Americas, group strategy, CTO, research and development, commercial coordination, global automotive and member of the investment allocation committee. Prior to this he joined the group management board in 2011. Before that he was president and chief executive officer of Flat Carbon Americas and a member of the ArcelorMittal management committee. He previously led the US operations of the Mittal Group, Mittal Steel USA and Ispat Inland.

Before this, Dr Schorsch spent most of his career as a partner at McKinsey & Co and co-leader of its metals practice. He is the author of numerous articles related to the steel sector and co-authored the 1983 book Steel: Upheaval in a Basic Industry.

He holds a degree from Georgetown University and a doctorate in economics from American University, both in Washington DC, US.


CEO of India and China, head of M&A; finance and risk management; is also alternate chairman of the corporate finance and tax committee (CFTC) and chairman of the risk management committee

Sudhir Maheshwari was previously a member of the management committee of ArcelorMittal, responsible for finance and M&A. Before this, he was managing director, business development and treasury at Mittal Steel from 2005 until its merger with Arcelor in 2006 and chief financial officer (CFO) of LNM Holdings NV from 2002 until its merger with Ispat International in 2004.

Over his 23-year career with ArcelorMittal, Mr Maheshwari has also held the positions of CFO at Mittal Steel Europe SA, Mittal Steel Germany and Mittal Steel Point Lisas, and director of finance and M&A at Mittal Steel. He serves on the board of various subsidiaries of ArcelorMittal.

Mr Maheshwari graduated in accounting and commerce from St Xavier’s College, Calcutta and is a fellow of the Institute of Chartered Accountants and the Institute of Company Secretaries in India.


CEO of ArcelorMittal Africa and CIS, responsible for Algeria, Kazakhstan, South Africa and Ukraine

Davinder Chugh was previously a member of the Group Management Board, responsible for shared services and member of the investment allocation committee. Prior to this he was a senior executive vice president of ArcelorMittal until 2007. He served as chief executive officer of Mittal Steel South Africa until 2006. He previously worked in South Africa after the acquisition of Mittal Steel South Africa (ISCOR) and was involved in the turnaround and consolidation of the South African operations of ArcelorMittal.

Before joining Mittal Steel, he held several senior positions at the Steel Authority India Ltd in New Delhi, India.

He holds degrees in science and law and has an MBA.


Responsible for tubular products, as well as health and safety and corporate affairs (government affairs, corporate responsibility and communication)

Gonzalo Urquijo was previously member of the Group Management Board, responsible for AACIS (excluding China and India), Distribution Solutions, Tubular products, corporate responsibility, investment allocation committee chairman. Prior to this he was senior executive vice president and chief financial officer (CFO) of Arcelor.

Before the creation of Arcelor in 2002, when he became executive vice president of the Operational Unit South of the Flat Carbon Steel sector, Mr Urquijo was CFO of Aceralia.

Between 1984 and 1992 he held a variety of positions at Citibank and Crédit Agricole before joining Aristrain in 1992 as CFO, and later co-chief executive officer.

Mr Urquijo graduated in economics and political science from Yale University, US, and holds an MBA from the Instituto de Empresa in Madrid, Spain.


Member of the Group Management Board and chairman of ArcelorMittal Luxembourg

Michel Wurth was previously member of the group management board responsible for Long Carbon worldwide. Prior to this he was vice president of the group management board of Arcelor and deputy chief executive officer, with responsibility for Flat Carbon Steel Europe and Auto, Flat Carbon Steel Brazil, Coordination Brazil, Coordination Heavy Plate, R&D, and NSC Alliance.

Mr Wurth is also a former senior executive vice president and chief financial officer (CFO) of Arcelor. Before this he held a variety of positions at steel company Arbed, including head of the Arbed subsidiary Novar, before joining the Arbed group management board and becoming CFO in 1996. He was named executive vice president in 1998.

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.


Secretary to the Group Management Board: Rahul Bazaz