ArcelorMittal CFO Aditya Mittal To Take Addl. Role Of President - Quick Facts

(RTTNews) - Integrated steel and mining company ArcelorMittal (MT) announced Monday that Aditya Mittal, Group CFO and CEO of ArcelorMittal Europe, has been appointed as the company's President, in addition to his current responsibilities.

As President and CFO, he will continue to report to the Chairman and CEO Lakshmi Mittal. Together, Mittal and Aditya Mittal comprise the Chairman and CEO office.

According to the company, the nomination reflects the increasing global strategic role Aditya has across the group, supporting Lakshmi Mittal.

Mittal said, "Aditya has proved himself an effective and accomplished manager as Group CFO and CEO of our European operations, delivering results and creating value for the company. He will continue to work with me in shaping the future strategic direction of the group."