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ArcelorMittal Announces Organizational Changes

ArcelorMittal announced a number of senior organizational changes, beginning with the retirement of Mr. Roland Junck, a member of the Group Management Board (GMB), effective July 31st. Mr. Junck will retain a link with the company through his new position as a Board Member of Arcelor China Holding Sarl, a subsidiary company of ArcelorMittal.
 
In his role on the GMB, Mr. Junck had specific responsibility for integration, which is now operationally complete, ahead of schedule. He also acted as a special advisor on integration to ArcelorMittal CEO, Lakshmi Mittal. Mr. Junck's responsibilities will be assumed by the other GMB members.
 
“I would like to take this opportunity to thank Roland for the considerable role he has played in helping effect such a successful integration,” said Lakshmi Mittal, President and CEO of ArcelorMittal. “During this period he has overseen the corporate functions including Human Resources, critical to any merger.  His leadership in this area has certainly played an important part in successfully establishing a united culture at ArcelorMittal. Roland has a deep and impressive knowledge of the steel industry, which I am delighted we will continue to benefit from as he will continue his relationship with the company as a member of the Board of our China operations. I, and my colleagues on the GMB, as well as all the employees of ArcelorMittal, thank him for his support and wish him the best for the future."
 
ArcelorMittal also announced a number of other key senior executive appointments, including two Executive Vice Presidents who will sit on the company's Management Committee. Mr. Pierre Gugliermina has been appointed Executive Vice President and Chief Technology Officer, with responsibility for Health & Safety, operational excellence and the environment. Mr. Vijay Bhatnagar becomes Executive Vice President, CEO Flat Eastern Europe.
 
The company also announces that Mr. Bill Scotting, previously Executive Vice President and Head of Performance Enhancement will become Executive Vice President, Head of Strategy. As previously announced, Mr. Bernard Fontana, previously Executive Vice President, Automotive, will become Executive Vice President, Head of Human Resources. Mr. Greg Ludkovsky will become Vice President—Products Development and Research and Development. Mr. Jean-Luc Maurange will become Vice President Global Customers & Automotive. Mr. Rémi Boyer will become Vice President CSR in addition to his role of Secretary General of the GMB. 
 
The new responsibilities of the five members of the Group Management Board, including Mr. Mittal, will be as follows. Those responsibilities formerly held by Mr. Roland Junck are marked with an asterisk.
 
  • CEO — Lakshmi Mittal
    - Shared Services (Purchasing, Legal, IT and other activities)
    - Human Resources*
    - Marketing and Commercial Co-ordination*
    - Associations, mandates and steel contact groups*
    - International Affairs*
    - Internal Assurance
    - GMB Secretary
 
  • CFO, M&A, Strategy, Flat Americas — Aditya Mittal
    - CFO
    - M&A
    - Investor Relations
    - Flat Americas
    - Strategy*
    - Communications
 
  • Asia, Africa, Mining, CIS — Malay Mukherjee
    - Mines
    - Africa
    - Asia
    - China*
    - South Europe (Bosnia, Macedonia)
    - CIS (Ukraine, Kazakhstan)
    - Stainless Steel
    - Pipes and Tubes
    - CTO*
 
  • Flat Europe, Products Development and R&D, Global Customers — Michel Wurth
    - Flat EU 27
    - Products Development and R&D
    - Global Customers
    - Automotive
    - Plates
    - Packaging
 
  • Long, AM3S and CSR — Gonzalo Urquijo
    - AM3S
    - Long EU 27
    - Long Americas
    - Wire Drawings
    - Corporate Social Responsibility*
    - ArcelorMittal Foundation*
 
ArcelorMittal is the world's number-one steel company, with 320,000 employees in more than 60 countries. Bringing together the former Arcelor and former Mittal Steel, the new ArcelorMittal leads major global markets including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. An industrial presence in 27 European, Asian, African and American countries exposes the company to all the key steel markets, from emerging to mature, positions it will be looking to develop in the high-growth Chinese and Indian markets.
 
ArcelorMittal’s key pro-forma financials for 2006 show combined revenues of USD 88.6 billions, with a crude steel production of 118 million tonnes, representing around 10% of world steel output.