 "Aditya Mittal, ArcelorMittal")
ArcelorMittal, one of world's biggest steel producers, announced on Thursday that Aditya Mittal would take over as chief executive officer (CEO) from his father, Lakshmi Mittal, who would take on the mantle of executive chairman.
Aditya Mittal, 45, was previously the president and chief financial officer (CFO) of the company, and CEO of its European arm.
Lakshmi Mittal, who founded the company in 1976, will continue to lead the board of directors and work together with the CEO and management team, while Aditya will run the company’s day-to-day affairs, the steel giant said.
The company on Thursday also reported better-than-expected numbers for the
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