24 <strong>Arcelor</strong> <strong>Mittal</strong> <strong>Activity</strong> <strong>Report</strong> <strong>2006</strong>The Group Management BoardThe strategic direction of the business is the responsibilityof a six-strong Group Management Board (GMB), formed in August <strong>2006</strong>.The GMB members were appointed by the Board of Directors,and is headed by Lakshmi N. <strong>Mittal</strong> as Chief Executive. Its compositionreflects the Group’s new structure, which is divided into five key segments.
<strong>Arcelor</strong> <strong>Mittal</strong> <strong>Activity</strong> <strong>Report</strong> <strong>2006</strong> 25Roland Junck, Member of the GroupManagement Board, Advisor to the CEORoland Junck was previously a memberof the Group Management Boardof <strong>Arcelor</strong> with responsibility for theglobal Long Carbon Steel and Wire Drawingbusiness and for China. He started hiscareer with Arbed in 1980 in the rollingmills at Dudelange, before moving toEsch-Schifflange in 1985. In 1993,Mr. Junck was named General Managerof TrefilArbed Bissen, being appointedManaging Director in 1996. He was namedSenior Vice President of Aceralia in1998 and was a member of the ArbedGroup Management Board from 1999to 2002 when he was appointed SeniorExecutive Vice President of the newlycreated <strong>Arcelor</strong>. Mr. Junck graduatedfrom the Federal Polytechnic in Zurichand earned an MBA from Sacred HeartUniversity of Luxembourg.Aditya <strong>Mittal</strong>, CFO, Member of theGroup Management Board, Responsiblefor Flat Products AmericasAditya <strong>Mittal</strong> is Chief Financial Officerof <strong>Arcelor</strong> <strong>Mittal</strong> with additionalresponsibility for Flat Products Americasand for Merger and Acquisitions.Prior to the merger to create <strong>Arcelor</strong><strong>Mittal</strong>, Aditya <strong>Mittal</strong> held the positionof President and CFO of <strong>Mittal</strong> Steel fromOctober 2004 to <strong>2006</strong>. He joined <strong>Mittal</strong>Steel in January 1997 and has held variousfinance and management roles withinthe company. In 1999, he was appointedHead of Mergers and Acquisitionsfor <strong>Mittal</strong> Steel. In this role, he ledthe company’s acquisition strategy,resulting in <strong>Mittal</strong> Steel’s expansion intoCentral Europe, Africa and the UnitedStates. These acquisitions includedKryvorizhstal in Ukraine, Polskie Huty Staliin Poland, Nova Hut in Czech Republic,Sidex in Romania, Annaba in Algeria,Iscor in South Africa, and InternationalSteel Group in the US. In addition tohis Merger and Acquisition responsibilities,Aditya <strong>Mittal</strong> was involved in post-integration,turnaround and improvement strategies.This led to <strong>Mittal</strong> Steel emerging asthe world’s largest and most globalsteel producer, growing its steelmakingcapacities fourfold.As CFO of <strong>Mittal</strong> Steel, he also led <strong>Mittal</strong>Steel’s offer for <strong>Arcelor</strong> to create thefirst 100 million tonne plus steel company.Aditya <strong>Mittal</strong> holds a Bachelor’s degreeof Science in Economics withconcentrations in Strategic Managementand Corporate Finance from the WhartonSchool in Pennsylvania from which hegraduated magna cum laude. Aditya <strong>Mittal</strong>is the son of Mr. Lakshmi N. <strong>Mittal</strong>.Malay Mukherjee, Member of the GroupManagement Board, Responsible forAsia & Africa, Mining, StainlessMalay Mukherjee has over 30 yearsof experience in a variety of technicaland commercial functions in the steelindustry, including iron ore mining, projectimplementation, materials managementand steel plant operations. He joinedthe LNM Group in 1993 from the SteelAuthority of India, where his last positionwas as Executive Director (Works) at theBhilai Steel Plant, the largest integratedsteel plant in India, with a productioncapacity of approximately four milliontonnes. Mr. Mukherjee has a Master’sdegree in Mining from the USSR StateCommission in Moscow and a Bachelorof Science degree from the Indian Instituteof Technology in Kharagpur, India.Mr. Mukherjee has completed an advancedManagement Programme conductedby the Commonwealth Secretariat in jointassociation with University of Ottawa,Canada and the Indian Institute ofManagement, Ahmedabad. Mr. Mukherjeejoined Ispat Karmet in 1996 from IspatMexicana where he was Managing Director.He joined Ispat Europe as Presidentand CEO in June of 1999. Formerly thePresident and Chief Operating Officerof Ispat International N.V., Mr. Mukherjeebecame Chief Operating Officer of<strong>Mittal</strong> Steel in October 2004. Mr.Mukherjee is a recipient of the MECONAward from the Indian Institute of Metals.Gonzalo Urquijo, Member of the GroupManagement Board, Responsiblefor Long Products, Distribution andWire DrawingGonzalo Urquijo, previously SeniorExecutive Vice President and ChiefFinancial Officer of <strong>Arcelor</strong>, was responsiblefor Finance, Purchasing, IT, LegalAffairs, Investor Relations, <strong>Arcelor</strong> SteelSolutions & Services, and other activities.Mr. Urquijo also held several otherpositions within <strong>Arcelor</strong> and in this sector,including Deputy Senior Executive VicePresident and Head of the functionaldirectorates of distribution. Until thecreation of <strong>Arcelor</strong> in 2002, when hebecame Executive Vice President ofthe Operational Unit South of the FlatCarbon Steel sector, Mr. Urquijo was CFOof Aceralia. Between 1984 and 1992,he held a variety of positions at Citibankand Crédit Agricole before joining Aristrainin 1992 as CFO and later becomingCo-Chief Executive Officer. Mr. Urquijograduated in Economics and PoliticalScience from Yale University and holdsan MBA from the Instituto de Empresain Madrid.Michel Wurth, Member of the GroupManagement Board, Responsiblefor Flat Products Europe, Global Auto,Plates and R&DMichel Wurth was previously Vice Presidentof the Group Management Board andDeputy CEO of <strong>Arcelor</strong>, and was responsiblefor Flat Carbon Steel Europe & Auto,Flat Carbon Steel Brazil, CoordinationBrazil, Coordination Heavy Plate, R&Dand NSC Alliance. The merger of Aceralia,Arbed and Usinor leading to the creationof <strong>Arcelor</strong> in 2002 saw Mr. Wurth appointedas Senior Executive Vice President andCFO of <strong>Arcelor</strong>, with responsibility overFinance and Management by Objectives.Mr. Wurth joined Arbed in 1979 and helda variety of positions, including Secretaryof the Board of Directors, Head of theArbed subsidiary Novar and CorporateSecretary, before joining the Arbed GroupManagement Board and becoming ChiefFinancial Officer in 1996. He was namedExecutive Vice President in 1998.Mr. Wurth holds a Law degree from theUniversity of Grenoble, a Political Sciencedegree from the Institut d’Etudes Politiquesde Grenoble and a Master of Economicsfrom the London School of Economics.From left to right:Malay Mukherjee,Aditya <strong>Mittal</strong>,Roland Junck,Lakshmi N. <strong>Mittal</strong>,Gonzalo Urquijo,Michel Wurth.
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