Aditya Mittal named president of ArcelorMittal

Aditya Mittal was named president of ArcelorMittal on Monday.

Aditya Mittal, the son of ArcelorMittal Chairman and CEO Lakshmi Mittal, has been named president of the multinational steelmaker, which is one of Northwest Indiana's largest employers.

Aditya Mittal currently serves as group chief financial officer and ArcelorMittal Europe CEO, and will continue on in those role while taking on new responsibilities as president. The company said he has been taking an "increasing global strategic role Aditya has across the group, supporting the Chairman and CEO, Mr. Lakshmi Mittal."

“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," Lakshmi Mittal said. "He will continue to work with me in shaping the future strategic direction of the group."

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In his new role, Aditya Mittal will continue to report to his father Lakshmi Mittal, who created the company in 2005 by merging the European steel company Arcelor with his own Mittal Steel. The steelmaker, now the largest in the world by volume, took over steel mills left behind by longtime American steelmakers that went bankrupt during the early 2000s.

ArcelorMittal now operates ArcelorMittal Indiana Harbor in East Chicago, ArcelorMittal Burns Harbor, Burns Harbor Plate and Gary Plate, ArcelorMittal Riverdale and the I/N Tek and I/N Kote joint ventures in New Carlisle. The company employs roughly 10,000 workers in Northwest Indiana.


Business Reporter

Joseph S. Pete is a Lisagor Award-winning business reporter who covers steel, industry, unions, the ports, retail, banking and more. The Indiana University grad has been with The Times since 2013 and blogs about craft beer, culture and the military.