ArcelorMittal Management
Management criteria checks 4/4
ArcelorMittal's CEO is Aditya Mittal, appointed in Feb 2021, has a tenure of 3.17 years. total yearly compensation is $1.68M, comprised of 99.5% salary and 0.5% bonuses, including company stock and options. directly owns 0.036% of the company’s shares, worth €7.19M. The average tenure of the management team and the board of directors is 3.2 years and 8.9 years respectively.
Key information
Aditya Mittal
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 99.5% |
| CEO tenure | 3.2yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.2yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | n/a | US$919m |
| Sep 30 2023 | n/a | n/a | US$4b |
| Jun 30 2023 | n/a | n/a | US$4b |
| Mar 31 2023 | n/a | n/a | US$6b |
| Dec 31 2022 | US$7m | US$2m | US$9b |
| Sep 30 2022 | n/a | n/a | US$13b |
| Jun 30 2022 | n/a | n/a | US$17b |
| Mar 31 2022 | n/a | n/a | US$17b |
| Dec 31 2021 | US$6m | US$2m | US$15b |
| Sep 30 2021 | n/a | n/a | US$12b |
| Jun 30 2021 | n/a | n/a | US$7b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$4m | US$1m | -US$733m |
Compensation vs Market: Aditya's total compensation ($USD1.68M) is below average for companies of similar size in the German market ($USD5.66M).
Compensation vs Earnings: Aditya's compensation has been consistent with company performance over the past year.
CEO
Aditya Mittal (46 yo)
3.2yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 26.9yrs | US$1.54m | 0.060% $ 11.8m | |
| CEO & Director | 3.2yrs | US$1.68m | 0.036% $ 7.2m | |
| Executive VP & CFO | 3.2yrs | no data | no data | |
| Head of Investor Relations & VP of Corporate Finance | no data | no data | no data | |
| Group Compliance | no data | no data | no data | |
| Vice President of Communications & Sustainable Development | no data | no data | no data | |
| Executive VP & Global Head of HR | 1.6yrs | no data | no data | |
| VP & CEO of Long Products Europe | 10.8yrs | no data | no data | |
| VP and CEO of Global Research & Development | no data | no data | no data | |
| Executive Vice President | 7.5yrs | no data | no data | |
| Executive VP & CEO of ArcelorMittal North America | 3.3yrs | no data | no data | |
| Head of Mergers & Acquisition | no data | no data | no data |
3.2yrs
Average Tenure
56yo
Average Age
Experienced Management: ARRD's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 26.9yrs | US$1.54m | 0.060% $ 11.8m | |
| CEO & Director | 3.8yrs | US$1.68m | 0.036% $ 7.2m | |
| Non-Independent Director | 9.9yrs | US$188.00k | no data | |
| Non-Executive Independent Director | less than a year | US$130.00k | no data | |
| Lead Independent Director | 12.9yrs | US$96.00k | no data | |
| Independent Non-Executive Director | 11.9yrs | US$201.00k | no data | |
| Independent Non-Executive Director | 7.9yrs | US$196.00k | no data | |
| Non-Executive & Non-Independent Director | 19.3yrs | US$175.00k | 0.0010% $ 204.9k | |
| Independent Director | 8.9yrs | US$269.00k | no data | |
| Independent Non-Executive Director | 3.8yrs | US$196.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | US$207.00k | no data |
8.9yrs
Average Tenure
65yo
Average Age
Experienced Board: ARRD's board of directors are considered experienced (8.9 years average tenure).