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ArcelorMittal Announces Resignation of a Director
03/07/2008 - ArcelorMittal announces the resignation of Romain Zaleski from its board of directors.
ArcelorMittal announced the resignation of Romain Zaleski from its board of directors.
The company said Zaleski had indicated his sole reason for resigning is to pursue other commercial interests in the steel sector. In line with ArcelorMittal’s principles of corporate governance, Mr. Kinsch, Chairman of the company’s board of directors, has accepted his resignation.
“I would like to thank Mr. Zaleski for his valuable contribution to the board. We continue to have a very strong and experienced board in place” said Mr. Kinsch.
Zaleski joined the board in October 2006.
ArcelorMittal is the world's largest and most global steel company, with 310,000 employees in more than 60 countries. The company 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 28 European, Asian, African and American countries exposes the company to 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 2007 show revenues of USD 105.2 billion, with a crude steel production of 116 million tonnes, representing around 10% of world steel output.
