ArcelorMittal S.A.

BRSE:MT Stock Report

Market Cap: CHF 14.5b

ArcelorMittal Management

Management criteria checks 4/4

ArcelorMittal's CEO is Aditya Mittal, appointed in Feb 2021, has a tenure of 3.58 years. directly owns 0.038% of the company’s shares, worth CHF5.50M. The average tenure of the management team and the board of directors is 3.6 years and 8.3 years respectively.

Key information

Aditya Mittal

Chief executive officer

US$1.7m

Total compensation

CEO salary percentagen/a
CEO tenure3.6yrs
CEO ownership0.04%
Management average tenure3.6yrs
Board average tenure8.3yrs

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 ($USD1.68M) is below average for companies of similar size in the Swiss market ($USD4.82M).

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

CEO

Aditya Mittal (47 yo)

3.6yrs

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 Board27.3yrsUS$1.54m0.062%
$ 9.0m
Aditya Mittal
CEO & Director3.6yrsUS$1.68m0.038%
$ 5.5m
Genuino Jose Christino
Executive VP & CFO3.6yrsno 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 HR2yrsno datano data
Augustine Kochuparampil
VP & CEO of Long Products Europe11.2yrsno datano data
Gregory Ludkovsky
VP and CEO of Global Research & Developmentno datano datano data
Vijay Goyal
Executive Vice President7.9yrsno datano data
John Brett
Executive VP & CEO of ArcelorMittal North America3.7yrsno datano data

3.6yrs

Average Tenure

59yo

Average Age

Experienced Management: MT's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lakshmi Mittal
Executive Chairman of the Board27.3yrsUS$1.54m0.062%
$ 9.0m
Aditya Mittal
CEO & Director4.3yrsUS$1.68m0.038%
$ 5.5m
Michel Leon Wurth
Non-Independent Director10.3yrsUS$188.00kno data
Patricia Marie Barbizet
Non-Executive Independent Director1.3yrsUS$130.00kno data
Karel de Gucht
Independent Non-Executive Director8.3yrsUS$196.00kno data
Vanisha Mittal Bhatia
Non-Executive & Non-Independent Director19.8yrsUS$175.00k0.0011%
$ 156.3k
Karyn Ovelmen
Lead Independent Director9.3yrsUS$269.00kno data
Etienne Schneider
Independent Non-Executive Director4.3yrsUS$196.00kno data
Clarissa de Lins
Independent Non-Executive Director3.3yrsUS$207.00kno data

8.3yrs

Average Tenure

61yo

Average Age

Experienced Board: MT's board of directors are considered experienced (8.3 years average tenure).