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Only a few months after the mega-merger between Mittal Steel and Arcelor Mittal ex-boss Lakshmi Mittal's exclusive reign grßten steel group in the world. It had to adopt yet assured, the chief aim Item no.
Luxembourg / Paris - How Arcelor Mittal in Luxembourg today announced, took the first appointed in August, coming from Arcelor CEO Roland Junck. The Indian-born Mittal, the Arcelor end of June, several months after a takeover battle in the merger was forced, after the takeover had even declared that he would not head the new group. Mittal, who is also by far grßter individual shareholder of the group, also retains his position as Chairman of the Board of Directors.
AFP
Mittal CEO: With immediate effect the lead The 56-year-old Mittal will "with immediate effect" the leadership itself, said the company. Mittal had his attack on Arcelor in late January. Arcelor chief Guy Dollé fought with all means against the hostile takeover attempt. Dollé had at the end of June under pressure from the shareholders to give up, Arcelor and Mittal agreed to a friendly merger worth 26 billion euros. Dollé came from the Luxembourg Junck was the beginning of August's successor.
"We make these changes to the leadership in the group to clarify," said now the chairman of the Board, Joseph Kinsch, after Mittal then number two. "It has increased in recent months become clear that the interests of society by the previous structure is not the best have been taken into account." Mittal said that he wanted to do their utmost to the integration of the merged steel giant forward, to which his family after the anticipated completion of the acquisition this month will hold 43 percent. Junck will remain on the board of the group with 330,000 employees and will, according to Mittal as a "special adviser" to act.
The Mittal share, in the last few months had greatly increased, were to move to the head. They lost to noon today on the Amsterdam Stock Exchange one percent to 32.68 euros.
Deutsche Bank analyst Johan Rode and David Martin said that a leadership change after such a short time is suspicious and will negatively by the market. It also changed the profit increase in the third quarter of nothing.
HowArcelor Mittal announced increased net surplus - boosted by a further increase in steel prices compared to the previous quarter - the period from July to September from 1.8 to 2.18 billion U.S. dollars. The turnover decreased slightly from 22.4 to 22.05 billion U.S. dollars. Chief Financial Officer Aditya Mittal, son of the group leaders, said the company was on the way so the expectations for the full year. KAZ / AFP