ArcelorMittal announced today the formation of a flat-rolled segment in North America as well as a shake-up in leadership to enhance performance in its North American operations.
The North American segment represents one fourth of the company’s steel shipments and profits. The reorganization is expected to improve North American operations and accelerate the successful integration of AM/NS Calvert.
“We are creating a more efficient organization by leveraging the company’s knowledge and expertise, optimizing our North American operations and achieving optimal performance with our improved asset portfolio,” said Lou Schorsch, chief executive officer, ArcelorMittal Americas. “The successful integration of AM/NS Calvert requires the company to evaluate every opportunity for improvement, to ensure world-class execution for our customers.”
Leadership changes resulting from formation of the new segment are follows:
• Jim Baske, currently chief executive officer of ArcelorMittal Dofasco, will serve as chief executive officer, ArcelorMittal North American flat-rolled operations. Sean Donnelly, currently chief operating officer of ArcelorMittal Dofasco, will succeed Jim as CEO.
• Brad Davey, currently chief marketing officer of ArcelorMittal Dofasco, will be the lead commercial person for North American flat-rolled operations.
• Andy Harshaw will serve as chief executive officer, ArcelorMittal USA, reporting to Jim.
• Mike Rippey will leave his role as president and chief executive officer, ArcelorMittal USA, to become non-executive chairman of ArcelorMittal USA.
We are confident that a more integrated, aligned organization can fully unlock the tremendous potential in our North American flat-rolled assets,” said Schorsch. “We are committed to ensuring that these changes do not impact the strong relationships we have with our customers or our hardworking employees and their focus on producing safe, sustainable steel.”
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