ArcelorMittal Management

Management criteria checks 4/4

ArcelorMittal's CEO is Aditya Mittal, appointed in Feb 2021, has a tenure of 3.67 years. directly owns 0.038% of the company’s shares, worth €6.72M. The average tenure of the management team and the board of directors is 3.7 years and 8.4 years respectively.

Key information

Aditya Mittal

Chief executive officer

US$1.7m

Total compensation

CEO salary percentagen/a
CEO tenure3.7yrs
CEO ownership0.04%
Management average tenure3.7yrs
Board average tenure8.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Aditya Mittal's remuneration changed compared to ArcelorMittal's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$595m

Mar 31 2024n/an/a

US$761m

Dec 31 2023US$2mn/a

US$919m

Sep 30 2023n/an/a

US$4b

Jun 30 2023n/an/a

US$4b

Mar 31 2023n/an/a

US$6b

Dec 31 2022US$7mUS$2m

US$9b

Sep 30 2022n/an/a

US$13b

Jun 30 2022n/an/a

US$17b

Mar 31 2022n/an/a

US$17b

Dec 31 2021US$6mUS$2m

US$15b

Sep 30 2021n/an/a

US$12b

Jun 30 2021n/an/a

US$7b

Mar 31 2021n/an/a

US$3b

Dec 31 2020US$4mUS$1m

-US$733m

Compensation vs Market: Aditya's total compensation ($USD1.68M) is below average for companies of similar size in the Austrian market ($USD4.35M).

Compensation vs Earnings: Aditya's compensation has been consistent with company performance over the past year.


CEO

Aditya Mittal (47 yo)

3.7yrs

Tenure

US$1,678,000

Compensation

Mr. Aditya Mittal is Director of ArcelorMittal USA LLC. He joined the ArcelorMittal USA LLC in October 2004. He is Non-Independent Director of Aperam S.A. from December 2010.He joined the Aperam S.A. in D...


Leadership Team

NamePositionTenureCompensationOwnership
Lakshmi Mittal
Executive Chairman of the Board27.4yrsUS$1.54m0.062%
€ 11.0m
Aditya Mittal
CEO & Director3.7yrsUS$1.68m0.038%
€ 6.7m
Genuino Jose Christino
Executive VP & CFO3.7yrsno datano data
Daniel Fairclough
Head of Investor Relations & VP of Corporate Financeno datano datano data
Pinakin Chaubal
VP & Chief Technology Officerno datano datano data
Henk Scheffer
Group Complianceno datano datano data
Nicola Davidson
Vice President of Communications & Sustainable Developmentno datano datano data
Stephanie Werner-Dietz
Executive VP & Global Head of HR2.1yrsno datano data
Augustine Kochuparampil
VP & CEO of Long Products Europe11.3yrsno datano data
Gregory Ludkovsky
VP and CEO of Global Research & Developmentno datano datano data
Vijay Goyal
Executive Vice President8yrsno datano data
John Brett
Executive VP & CEO of ArcelorMittal North America3.8yrsno datano data

3.7yrs

Average Tenure

59yo

Average Age

Experienced Management: MT's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lakshmi Mittal
Executive Chairman of the Board27.4yrsUS$1.54m0.062%
€ 11.0m
Aditya Mittal
CEO & Director4.3yrsUS$1.68m0.038%
€ 6.7m
Michel Leon Wurth
Non-Independent Director10.4yrsUS$188.00kno data
Patricia Marie Barbizet
Non-Executive Independent Director1.4yrsUS$130.00kno data
Karel de Gucht
Independent Non-Executive Director8.4yrsUS$196.00kno data
Vanisha Mittal Bhatia
Non-Executive & Non-Independent Director19.8yrsUS$175.00k0.0011%
€ 190.7k
Karyn Ovelmen
Lead Independent Director9.4yrsUS$269.00kno data
Etienne Schneider
Independent Non-Executive Director4.3yrsUS$196.00kno data
Clarissa de Lins
Independent Non-Executive Director3.3yrsUS$207.00kno data

8.4yrs

Average Tenure

61yo

Average Age

Experienced Board: MT's board of directors are considered experienced (8.4 years average tenure).