Lakshmi Mittal

Chairman and CEO
ArcelorMittal



Description


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 Indian Prime Minister’s Global Advisory Council, the Foreign Investment Council in Kazakhstan, the World Economic Forum’s International Business Council, the World Steel Association’s Executive Committee and the Presidential International Advisory Board of Mozambique. He sits on the advisory board of the Kellogg School of Management in the US and is a member of the board of trustees of Cleveland Clinic.

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. He has received the Padma Vibhushan, India’s second highest civilian honour, and a Forbes Lifetime Achievement Award. He has been awarded with a Doctor Honoris Causa by the AGH University of Science and Technology in Krakow, Poland.

Source : ArcelorMittal

Professional Details


Designation Chairman and CEO
Company ArcelorMittal
Net Worth $14 billion
Linkedin Visit Link Here
City London
Country United Kingdom
Category ,
Keywords