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Arcelormittal Gets New Boss

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Dec 06, 2012 (The New Republic Liberia/All Africa Global Media via COMTEX) -- ArcelorMittal Liberia has got a new Chief Executive Officer (CEO) following the decision by Rajesh Goel to retire from the company

Antonio Carlos has been appointed as the new Chief Executive Officer of ArcelorMittal Liberia, and will report to Kleber Silva, Executive Vice President of ArcelorMittal, Iron ore operations.

A statement from company said Antonio Carlos joined ArcelorMittal in 2010 following a career with Vale in Brazil.

"After a short period working for ArcelorMittal Brazil, Antonio moved to ArcelorMittal Mexico Mines where he was the Chief Operating Officer. He has a Masters in Mining Technology from the Universidade Federal do Rio de Janeiro," the statement said.

In his appreciation statement, Kleber Silva, Executive Vice President, Iron Ore Operations said he was elated to have received the new CEO

"I am very excited to be welcoming Antonio Carlos into his new role with ArcelorMittal Liberia. He has extensive experience in iron ore operations in similar climates and I am sure his experience and leadership skills will be a valuable addition to the team in Liberia. I would also like to thank Rajesh for all of his hard work and dedication over the past years."

For his part, the new CEO, Antonio Carlos, said he was happy to join the ArcelorMittal Liberia team. "It is a great honour to be joining the ArcelorMittal Liberia team. I will continue to strengthen our Health and Safety performance as well as focusing on achieving operational excellence in every part of the project."

It was also decided to appoint PS Prasad as the new head of mine operations for ArcelorMittal Liberia, Prasad will report to Geoff Jolly, Chief Operating Officer ArcelorMittal Liberia. Prasad had previously been General Manager Mining with ArcelorMittal India Limited. He joined ArcelorMittal in 2001, working as a Mine Manager in Kazakhstan, prior to that he worked for the Steel Authority of India Limited. Prasad has a Bachelor of Technology in Mining Engineering from the Indian School of Mines in Dhanbad.

ArcelorMittal is the world's leading integrated steel and mining company, with presence in more than 60 countries.

ArcelorMittal is the leader in all major global steel 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. With an industrial presence in over 20 countries spanning four continents, the Company covers all of the key steel markets, from emerging to mature.

Through its core values of sustainability, quality and leadership, ArcelorMittal commits to operating in a responsible way with respect to the health, safety and well-being of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment. It takes a leading role in the industry's efforts to develop breakthrough steelmaking technologies and is actively researching and developing steel-based technologies and solutions that contribute to combat climate change.

In 2010, ArcelorMittal had revenues of $78.0 billion and crude steel production of 90.6 million tonnes, representing approximately 6 per cent of world steel output.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Brussels (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

Copyright The New Republic Liberia. Distributed by AllAfrica Global Media (allAfrica.com).

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As of Sunday, 12-02-2012 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
03-05-2012 for MT @ $20.35.

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