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ArcelorMittal Announces Leadership Transition for Flat Carbon South America Operations

03/23/2009 - ArcelorMittal Management Committee member José Armando Campos steps down from his position as Vice President and CEO, Flat Carbon South America in preparation for his planned retirement at the end of this month.

ArcelorMittal announced that Management Committee member, José Armando Campos has stepped down in preparation for his planned retirement on March 31, 2009. He will continue with ArcelorMittal in an advisory capacity, allowing the company’s Brazilian operations to continue to benefit from his skills and experience.
 
 “José Armando has provided exceptional service to ArcelorMittal and to the employees of FCSA,” commented Aditya Mittal, Chief Financial Officer and member of ArcelorMittal’s Group Management Board responsible for Flat Carbon Americas. “Based in large part on his personal integrity and commitment to people development, FCSA has become one of the most well respected operations in our Group as well as in the entire Brazilian economy.
 
“His leadership during the integration of Arcelor and Mittal was invaluable, and we are pleased that our Brazilian operations will continue to benefit from his counsel,” added Mittal.
 
Campos, 60, began his tenure with the organization in 1992, when he left Brazil’s CVRD to join Companhia Siderúrgica de Tubarão (CST) as it was being privatized. He later became CST’s President and CEO (1997), ultimately holding the same positions at ArcelorMittal Brasil since its formation—through the integration of CST, Vega do Sul, and BelgoMineira—in 2005.
 
Campos has been a member of the Brazilian Steel Institute (IBS), serving as its President from 2002 to 2005. He has also been a member of the Brazilian Metallurgy and Materials Society since 1972, and serves on the Board of Directors of the Brazilian Business Council for Sustainable Development (CEBDS).
 
Campos will be succeeded in his role as Vice President and CEO, Flat Carbon South America (FCSA) by Benjamin Baptista, who currently serves as Vice President, Commercial for FCSA.
 
“We are also very confident and excited that Benjamin will provide the executive leadership and vision required to carry FCSA through this challenging economic period and on to the next generation of success for ArcelorMittal’s operations in the region,” added Aditya Mittal, commenting on the transition in leadership for FCSA.
 
Baptista, an engineer, brings to his new position a broad range of executive experience, including extensive project and operational responsibilities. His knowledge and experience also includes management of commercial coordination and critical customer relationships for FCSA, which should help to facilitate ArcelorMittal’s strategic growth objectives in this growth region.
 
ArcelorMittal is the world's largest steel company, with operations in more than 60 countries. The company leads 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 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 wellbeing of its employees, contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources. ArcelorMittal 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 2008, ArcelorMittal had revenues of $124.9 billion and crude steel production of 103.3 million tonnes, representing approximately 10% of world steel output.