It is chaired by Luxembourg Joseph Kinsch former boss of Arbed

The influence of Lakshmi Mittal Arcelor Mittal has taken a concrete tower, Friday, with the presentation of the management team of the new world steel giant. The appointment to the post of "President of the branch" of Roland Junck Luxembourg was the flagship of the day announcement. But the leader of Arcelor very industrial profile will be well, by Lakshmi Mittal on the Board, administration, and by his son Aditya Mittal branch as Chief Financial Officer a position already in Mittal Steel. In addition, Aditya is in charge of flat products for America, a strategic position because you will have to quickly decide on transfers to operate there if the Canadian subsidiary of Arcelor, Dofasco, cannot be sold.

Roland Junck takes the head of a Directorate General (DG) (read book page 10) in total, comprising 6 members including 3 from Mittal Steel. Parity due to the fact that Guy Dollé chose to leave, because the agreement between Arcelor and Mittal Steel late June provided that 4 members of the DG of Arcelor would be maintained. Luxembourger Michel Wurth, until then responsible for Arcelor flat products, resumes the same award but excluding Americas (rest to clarify if he will be the Brazil, which is the engine of growth of the Group). Third man of Arcelor, the former Financial Director Gonzalo Urquijo becomes responsible for long products and distribution. Strangely, while the leader at the financial profile inherits from an industrial position, Davinder Chugh, from South Africa Mittal, supports shared services (all the functions of Headquarters, procurement...). It is true that the position is sensitive because this is where there are duplicates, so to conduct arbitrations. Finally, sixth figure key, the strong man of Mittal Steel production, Malay Mukherjee, supports a good portion of the perimeter of Mittal Steel since assigned to Asia, Africa, and mines, in addition to stainless steel (where he must decide whether the Group operates a disengagement).

As the Board of Directors of Arcelor Mittal, as Arcelor it includes 18 members: 6 each for Arcelor and Mittal, and co-opted 6. It is chaired by Luxembourg Joseph Kinsch, former boss of Arbed. Aged 73 years, the latter should theoretically remain in place until the expiry of its mandate, in 2008, but "it is very possible that Lakshmi Mittal, seeking the Presidency, is going for his services as early as April or may 2007", comments close to the leadership team. As Joseph Kinsch had been extended in its mandate beyond the limit of age, set at 70 years old, in the expectation that Guy Dollé left branch at 65 (October 31, 2007) to succeed him to the Presidency. A hypothesis which is no longer news.

Step of employees of Mittal

6 Representatives of Arcelor still include a remnant of the past, with the French Edmond Pachura (72 years), born of Usinor, and the Spanish José Ramón Alvarez Rendueles, former President of Aceralia which negotiated the merger in three Spanish side. SAR the prince Guillaume of Luxembourg seat also Arcelor, which is two Professional posts for the Luxembourg with the representative of the State sitting among the minority shareholders.

6 Mittal Steel representatives include Lakshmi Mittal and his daughter Vanisha, two figures of the middle business who backed his OPA: François Pinault and the American Wilbur Ross (shareholder in the Group).

In addition to the representatives of the two groups, the Council includes 3 representatives of the employees but, surprisingly, it's 3 already sat on the Board of Arcelor since the merger of 2001 (a French, a Luxembourgeois and a Spanish). "Until late June, Lakshmi Mittal didn't hear administrators representing staff, tells a familiar of the recent negotiations. In the end, the 3 of the Board of Arcelor have been maintained, but are there not for the staff of Mittal Steel: it is Lewis Kaden, which was presented as playing this role. "However different roles: counsel, which has a status of independent Director, is presented as"moderator"between the direction of Mittal Steel and staff.

However this imbalance in the treatment of the staff of the two groups probably attract less attention from the market strong entry noticed a new administrator among the 3 representatives of minority shareholders, Romain Zaleski. The French businessman, which is mounted to 9 in Arcelor of the public offer to purchase, confirms that it is for him a sustainable investment.