ArcelorMittal’s board of directors is responsible for strategic direction and oversight of the company
The 9 members of the board of directors are responsible for the strategic direction and oversight of the business, as well as for appointing senior management.
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 Foreign Investment Council in Kazakhstan, the Global CEO Council of the Chinese People’s Association for Friendship with Foreign Countries, the World Economic Forum’s International Business Council, the World Steel Association’s Executive Committee and the European Round Table of Industrialists. He is a member of the board of trustees of Cleveland Clinic.
A graduate of St Xavier’s college in India, 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. In 2008, he received the Padma Vibhushan, India’s second highest civilian honour, and a Forbes Lifetime Achievement Award. He has also been awarded with a fellowship from King’s College London and a Doctor Honoris Causa by the AGH University of Science and Technology in Krakow, Poland.
Bruno Lafont was the Co-Chairman of the Board of Directors of LafargeHolcim and Honorary Chairman of Lafarge SA from July 2015 to May 2017.
He joined Lafarge in 1983 and was elected to the Board of Lafarge S.A. in 2005. He became Chief Executive Officer in 2006, and served as Chairman of the Board of Directors and Chief Executive Officer of Lafarge S.A. from 2007 to 2015.
Mr. Lafont is a member of the Executive Committee of the World Business Council for Sustainable Development (WBCSD).
He is presently chairing the Energy & Climate Change Working Group of the ERT (European Roundtable of Industrialists) and the Sustainable Development Commission of the MEDEF (Mouvement des Entreprises de France, the French) and a Board member of AFEP (French large companies association).
Mr. Lafont is also a Special adviser to the Mayor of Chongqing (China). He is a Board Member of EDF and a Board Member of ArcelorMittal.
Born in 1956, Mr. Lafont is a graduate from the Hautes Etudes Commerciales business school (HEC 1977, Paris) and the Ecole Nationale d'Administration (ENA 1982, Paris).
Vanisha Mittal Bhatia was appointed as a member of the LNM Holdings Board of Directors in June 2004. Ms. Vanisha Mittal Bhatia was appointed to Mittal Steel’s Board of Directors in December 2004. She has a Bachelor of Arts degree in Business Administration from the European Business School and has worked at Mittal Shipping Ltd, Mittal Steel Hamburg GmbH, an Internet-based venture capital fund, within the procurement department of Mittal Steel, in charge of a cost-cutting project, and is currently Head of Strategy for Aperam. She is the daughter of Mr. Lakshmi N. Mittal.
Tye Burt was appointed president and chief executive officer of Kinross Gold Corporation, a mining company listed in New York and Toronto in March 2005. He held this position until August 2012.
Mr Burt has a wealth of experience in the global mining industry, specialising in corporate finance, business strategy and mergers and acquisitions. Prior to joining Kinross, he held the position of vice chairman and executive director of corporate development at Barrick Gold Corporation. Other previous positions include: president, Cartesian Capital Group from 2000 to 2002; chairman, Deutsche Bank Canada and Deutsche Bank Securities Canada; global managing Director, global metals and mining for Deutsche Bank AG from 1997 to 2000 and managing director and co-head of the global mining group at BMO Nesbitt Burns from 1995 to 1997. He held various other positions at BMO Nesbitt Burns from 1986 to 1995.
Mr. Burt is a member of the Duke of Edinburgh's Award Charter for Business Board of Governors and is Vice-Chair of the Governors of the Royal Ontario Museum Foundation.
Mr Burt is a graduate of Osgoode Hall Law School in Toronto and a member of the Law Society of Upper Canada. He holds a bachelor of arts from the University of Guelph.
Jeannot Krecké was appointed Luxembourg’s Minister of the Economy and Foreign Trade and Minister of Sport in 2004. After the elections of 2009, he retained the portfolio of Minister of the Economy and Foreign Trade.
From July 2004 to February 2012, he represented the Luxembourg government at the Council of Ministers of the European Union in the internal market and industry sections of its competitiveness configuration, on the Economic and Financial Affairs Council and in the energy section of its transport, telecommunications and energy configuration. He was a member of the Eurogroup from 2004 to 2009.
Mr. Krecké is currently the chief executive officer of Key International Strategy Services as well as a Board member of the board of JSFC Sistema, CalzedoniaFinanziara S.A., Jan De Nul S.A. and Novenergia Holding Company S.A and Trinseo.
He attended the Université Libre de Bruxelles (ULB), where he graduated in physical and sports education. He later retrained in economics, accounting and taxation.
Suzanne Nimocks was a director at global management consulting firm McKinsey & Company from 1999 to 2010, and worked as a leader in the firm’s global petroleum, electric power & natural gas, organisation and risk management practices. She chaired the environmental committee of the Greater Houston Partnership, the primary advocate of Houston’s business community, until the end of 2010. Mrs Nimocks is currently a board member for Encana Corporation, Rowan Companies Inc, and Owens Corning, all listed companies, and Valerus, a private company.
She has a degree in economics from Tufts University and an MBA from the Harvard Business School.
Karel de Gucht served as the European Commissioner for Development and Humanitarian Aid in the first Barroso Commission (2009-2010) and for Trade in the second Barroso Commission (2010-2014).
Prior to that, Mr de Gucht was Belgium’s Minister of Foreign Affairs (2004-2009) and Vice Prime Minister (2008-2009). In addition to this, he was the chairman in office of the Organization for Security and Cooperation in Europe (OSCE) (2006) and a member of the Security Council of the United Nations (2007-2008).
Karel de Gucht is a professor of Law at VUB (the Dutch-speaking Free University of Brussels), a member of the advisory board of CVC Capital Partners, a member of the board of directors of Proximus NV (Telecom) and the president of the board of IES, the Brussels Institute of European Studies.
Mr. de Gucht holds a master of Law degree from the VUB. He is a citizen of Belgium
Michel Wurth joined Arbed in 1979 and held a variety of functions before joining the Arbed Group Management Board and becoming its chief financial officer in 1996. The merger of Aceralia, Arbed and Usinor, leading to the creation of Arcelor in 2002, led to Mr. Wurth’s appointment as senior executive vice president and CFO of Arcelor. He became a member of ArcelorMittal’s Group Management Board in 2006, responsible for Flat Carbon Europe, Global R&D, Distribution Solutions and Long Carbon Worldwide, respectively. Michel Wurth retired from the GMB in April 2014 and was elected to ArcelorMittal’s board of directors in May 2014.
Karyn Ovelmen, served as the Executive Vice President and Chief Financial Officer of Flowserve, a leading provider of flow control products and services for the global infrastructure market from June 2015 to March 217. Most recently she also served as Chief Financial Officer and Executive Vice President of LyondellBasell Industries NV, one of the world’s largest plastics, chemicals and refining companies, a position that she has held until from 2011 to 2015, Executive Vice President and Chief Financial Officer of Petroplus Holdings AG from May 2006 to September 2010 and as Executive Vice President and Chief Financial Officer of Argus Services Corporation from 2005 to 2006. Prior to that, she was Vice President of External Reporting and Investor Relations for Premcor Refining Group Inc. She also spent 12 years with PricewaterhouseCoopers, primarily serving energy industry accounts.
Mrs. Ovelmen holds a Bachelor of Arts degree from the University of Connecticut, USA, and is a Certified Public Accountant ("CPA") of AICPA. Mrs. Ovelmen is a citizen of the United States of America.