ArcelorMittal (NYSE:MT) today announces that its CEO of Europe and member of the Group Management Committee, Geert Van Poelvoorde, will retire from his executive position at the end of July. He will take up the position of Chairman of the Board of ArcelorMittal Europe Steel.
Van Poelvoorde has made an immense contribution to the company since joining as a project engineer in the hot strip mill in Ghent in 1989.
His technical expertise combined with his natural leadership skills saw him rise rapidly through the ranks, moving to Bremen in 1995 where he took up responsibility for operations and engineering.
He returned to Ghent as Chief Operating Officer, and shortly afterwards, in 2008, became CEO of ArcelorMittal Ghent. Since then, he has held various CEO positions in the ArcelorMittal group, including CEO Business Division North, CEO Flat Carbon Europe, and CEO of ArcelorMittal Europe from 2021. He also held the position of President of Eurofer for seven years, from 2015 to 2022.
CEO Aditya Mittal said:
“Geert has been an exceptional leader of ArcelorMittal Europe, and it has been a pleasure to work closely with him for the past 20 years. He has extraordinary energy, drive, technical knowledge and passion and has worked tirelessly to champion the strategic importance of Europe retaining a strong steel industry.”
MT shares $1.49, or 2.5%, to $64.89.
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