Aperam: Aperam announces the appointment of new CFO
Luxembourg,6 November 2013- Aperam, a global player in stainless, electrical
and specialty steel, today announces the appointment ofSandeepJalan as the
Company's new Chief Financial Officer, following the resignation of Julien
SandeepJalan, 46, will become a member of Aperam's Management Committee and
CFO of Aperam effective15 January 2014. Julien Onillon is leaving Aperam to
realize a personal project.
Sandeephas over twenty years of experience in finance and joins Aperam from
ArcelorMittal, which he joined in 1999. During his time with the group he has
held a number of positions including being an active member of the M&A due
diligence team for numerous acquisitions in both steel and mining and helping
establish the company's group-wide business performance management systems.
Most recently he was CFO of ArcelorMittal Long Carbon Europe, responsible for
finance and strategy.
Philippe Darmayan, Chief Executive Officer and Member of the Management
Committee, said: "I'm confident thatSandeepwill continue and enhance further
the current Leadership Journey® plan and bring a strong support to the
management team of Aperam. His extensive experience in finance and the steel
industry has prepared him well for this task". Mr. Darmayan added: "In the
name of the Management Committee, I would like to thank Julien who headed the
spin-off of Aperam and has successfully initiated the Leadership Journey® and
the debt reduction plan."
Lakshmi Mittal, Chairman of Aperam's Board of Directors, said: "Together with
my fellow members of the Board of Directors, I would like to extend our
gratitude and appreciation for Julien's achievements at Aperam and also during
his career at ArcelorMittal and Mittal Steel.We wish Julien all the best with
his project and welcomeSandeepaboard".
Aperam is a global player in stainless, electrical a nd specialty steel, with
operations in more than 30 countries. The business is organized in three
divisions: Stainless & Electrical Steel, Services & Solutions and Alloys &
Specialties. Aperam has 2.5 million tonnes of flat stainless stee l capacity
in Brazil and Europe and is a leader in high value added niches - alloys and
Aperam has a highly integ rated 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 atwww.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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