ArcelorMittal announced that Lou Schorsch senior executive vice president, member of the Group Management Board and CEO of ArcelorMittal Americas will retire from the company, effective end of February 2016. Mr. Schorsch joined the company in 2003 as CEO of Ispat Inland. Jim Baske will be chief executive of ArcelorMittal Nafta Flat Rolled, with responsibility for all other operations in Nafta, excluding USA but including AM/NS Calvert.

In South America, Jefferson de Paula and Benjamin Baptista will continue as CEO South America Long and CEO South America Flat respectively. All four will report to group chairman and CEO, Lakshmi N. Mittal. Brian Aranha, currently vice president global automotive and commercial coordination, will assume leadership responsibilities for Mr. Schorsch's additional roles of strategy, CTO, R&D, CCM and global automotive, also reporting to Mr. Lakshmi Mittal.

He will be supported by David Clarke as head of strategy and CTO, Greg Ludkovksy as head of R&D and Brad Davey as head of global automotive. Additionally Mr. BC Agarwal group head of finance and member of the management committee, will retire effective the end of February 2016. Genuino Christino will take up the position of group head of finance, reporting to Aditya Mittal, group CFO and CEO of ArcelorMittal Europe.

Davinder Chugh is appointed as Senior executive vice president, CEO of Africa and the CIS. Henri Blaffart Executive vice president, group head of HR and corporate services. The following executives are also appointed to the management committee: Jose Manual Arias CEO of BD South West, ArcelorMittal Europe Flat; Genuino Christino Vice president, head of group finance; Daniel Fairclough Vice president, corporate finance and head of investor relations.

Geert van Poelvoorde Executive vice president, CEO of ArcelorMittal Europe Flat. Simon Wandke Executive vice president, CEO of ArcelorMittal Mining.