People: ArcelorMittal SA (MT)

MT on New York Consolidated

39.46USD
9 Feb 2010
Price Change (% chg)

$1.86 (+4.95%)
Prev Close
$39.46
Open
--
Day's High
$40.09
Day's Low
$38.80
Volume
5,435,677
Avg. Vol
5,414,171
52-wk High
$49.41
52-wk Low
$16.28

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Mittal, Aditya 

Brief Biography

Mr. Aditya Mittal has been Member of the Group Management Board, Chief Financial Officer and Member of the Management Committee of ArcelorMittal since October 30, 2006. He is responsible for Finance, M&A, Strategy, Business Development and Flat Products Americas of ArcelorMittal. He was previously President, Chief Financial Officer and a Director of Mittal Steel. He joined the company in January 1997 and has held various finance and management roles within the company. In addition to these responsibilities Mr. Mittal was appointed Head of Mergers and Acquisitions for the company in 1999. In this role, he led the company's acquisition strategy, resulting in Mittal Steel's expansion into Central Europe, Africa and most recently the United States. These acquisitions included Polskie Huty Stali in Poland, Nova Hut in Czech Republic, Sidex in Romania, Annaba in Algeria, Iscor in South Africa, and International Steel Group in the United States. Prior to his Mergers and Acquisitions responsibilities, in 1997, Mr. Mittal managed the Initial Public Offering for Ispat International NV. This deal was the largest ever IPO in the steel industry, raising over USD 775 million and receiving the Equity Deal of the Year award. In 2008, he was awarded European Business Leader of the Future by CNBC Europe. He is a member of the World Economic Forum's Young Global Leaders Forum, the Indus Entrepreneurs UK, the Young Presidents' Organization, the Centre for the Advanced Study of India at the University of Pennsylvania and Board Member at the Wharton School. He holds a Bachelor of Science in Economics from the Wharton School in Pennsylvania with concentrations in Strategic Management and Corporate Finance from where he graduated magna cum laude.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
1,245,000 -- -- 1,245,000

Options Compensation

  Quantity Market Value
Excercisable -- --
Unexercisable -- --
Excercised -- --
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