Aperam : Aperam announces changes to its Board of Directors
Luxembourg, 24 May 2013 - The Board of Directors of Aperam has decided to
co-opt Mr. Joseph Greenwell (62 years) as director until Aperam's next general
meeting of shareholders, where Mr. Greenwell's election will be submitted for
confirmation to the shareholders. This decision follows the resignation of Mr.
David Burritt from the Board for personal considerations effective May 24,
2013. Mrs. Laurence Mulliez will replace Mr. David Burritt as Chairman of the
Audit and Risk Management Committee. Mr. Joseph Greenwell will be a member of
the Audit and Risk Management Committee and of the Remuneration, Nomination
and Corporate Governance Committee.
The members of the Board of Directors extended their gratitude and
appreciation for David Burritt's valuable contribution to the Board since the
creation of Aperam.
Mr. Lakshmi N. Mittal, Chairman of the Board of Directors, commented: "We are
very pleased to welcome Joseph Greenwell. He will be a valuable addition due
to his extensive industrial knowledge".
Mr. Joseph Greenwell has a career of 40 years in the motor industry and held
senior roles in Jaguar, Ford of Europe and Ford North America. Mr. Greenwell
was appointed Chairman of Ford of Britain in 2009 and retired effective from
this position end of April 2013. Prior to this role, Mr. Greenwell was Vice
President, Government Affairs, Ford of Europe and Premier Automotive Group
from 2005 to 2008 and Chairman and Chief Executive Officer of Jaguar and Land
Rover from 2003 to 2005. Previously, he was Vice President, Marketing, Ford
North America, Vice President, Global Marketing and Operations and Vice
President Global Product Promotions from 2001 to 2003. Prior to that, he was
Vice President Communications and Public Affairs for Ford of Europe from 1999
to 2001 and held similar responsibilities for Jaguar Cars from 1996 to 1999.
Mr. Greenwell began his career as a graduate trainee with British Leyland Ltd
in 1973. In recognition of his services to the automotive industry he was
awarded a CBE (Commander of the Most Excellent Order of theBritish Empire) in
the Queen's birthday honours list in 2011. Mr. Greenwell holds a Bachelor of
Art degree from theUniversity of East Anglia. The Board of Directors of the
Company has determined that Mr.Greenwellwould be an independent director.
Aperam is a global player in stainless, electrical and specialty steel, with
operations in more than 30 countries. The business is organized in three
divisions: Stainless & Electrical Steel, Services & Solutions and Alloys &
Aperam has 2.5 million tonnes of flat stainless steel capacity in Brazil and
Europe and is a leader in high value added niches - alloys and specialties.
Aperam has a highly integrated distribution, processing and services network
and a unique capability to produce stainless and specialty from low cost
biomass (charcoal). Its industrial network is concentrated in six main plants
located in Brazil, Belgium and France. Aperam has about 9,800 employees.
Aperam commits to operate in a responsible way with respect to health, safety
and the well-being of its employees, contractors and the communities in which
it operates. It is also committed to the sustainable management of the
environment and of finite resources. In 2012, Aperam had revenues of USD 5.3
billion and shipments of 1.68 million tonnes.
For further information, please refer to our website at www.aperam.com
Corporate Communications / Jean Lasar:+352 27 36 27 27
Investor Relations / Romain Grandsart: +352 27 36 27 36
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Source: Aperam via Thomson Reuters ONE
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