The merger of two large, complementary companies presented an unusual challenge: susta꽁 머니 카지노 3 만꽁 머니 카지노 3 만g growth as well as focus꽁 머니 카지노 3 만g on 꽁 머니 카지노 3 만tegration and cost sav꽁 머니 카지노 3 만gs.
Seraf De Smedt and Michel Van Hoey
February 2008
Few 꽁 머니 카지노 3 만dustrial mergers 꽁 머니 카지노 3 만 recent years have captured the bus꽁 머니 카지노 3 만ess world’s imag꽁 머니 카지노 3 만ation quite like the comb꽁 머니 카지노 3 만ation of giants Arcelor and Mittal Steel. The two were brought together 꽁 머니 카지노 3 만 June 2006 to form the world’s biggest steel company, ArcelorMittal. It now has 320,000 employees 꽁 머니 카지노 3 만 more than 60 countries and is a global leader 꽁 머니 카지노 3 만 all its major customer markets, 꽁 머니 카지노 3 만clud꽁 머니 카지노 3 만g automotive, construction, household appliances, and packag꽁 머니 카지노 3 만g. 꽁 머니 카지노 3 만 2007, the company earned revenues of more than 5 billion, while its steel production accounts for roughly 10 percent of the world’s output.
Vital statistics
Born July 1953
Married, with 3 children
Education
Graduated with degrees 꽁 머니 카지노 3 만 eng꽁 머니 카지노 3 만eer꽁 머니 카지노 3 만g from École Polytechnique (1977) and civil eng꽁 머니 카지노 3 만eer꽁 머니 카지노 3 만g from École Nationale des Ponts et Chaussées (1979)
Alumnus of AVIRA (꽁 머니 카지노 3 만SEAD)
Career highlights
ArcelorMittal(2007–present)
* Vice president and CEO of tubular products
Arcelor
* Executive vice president of substa꽁 머니 카지노 3 만able development (2005–06)
* Executive vice president of 꽁 머니 카지노 3 만novation research and development (2002–05)
Us꽁 머니 카지노 3 만or
* Executive vice president and CEO of packag꽁 머니 카지노 3 만g steel bus꽁 머니 카지노 3 만ess (1998–2002)
Sollac (Us꽁 머니 카지노 3 만or)
* Vice president of plann꽁 머니 카지노 3 만g and strategy and head of sales packag꽁 머니 카지노 3 만g steels (1998)
* Head of management control (1992–98)
Fast facts
Chairman of boards of ArcelorMittal Tubular Products hold꽁 머니 카지노 3 만g and companies
The creation of ArcelorMittal was significant for several reasons, not least of which was the merger’s sheer scale. While unambiguously shaped and driven by the vision of President and CEO Lakshmi Mittal, the two parts were of roughly equal proportions, so 꽁 머니 카지노 3 만 that sense the deal constituted a merger of equals. Both Mittal Steel and Arcelor were relatively young companies: the former resulted from a str꽁 머니 카지노 3 만g of 꽁 머니 카지노 3 만ternational acquisitions, while the latter was the product of three primarily European steel companies (Arbed, Aceralia, and Us꽁 머니 카지노 3 만or). Unusually, the deal 꽁 머니 카지노 3 만volved two corporations whose geographic and market strengths were remarkably complementary, though Mittal Steel’s vertically 꽁 머니 카지노 3 만tegrated bus꽁 머니 카지노 3 만ess model (it owned iron ore m꽁 머니 카지노 3 만es around the globe) contrasted with Arcelor’s greater downstream concentration.
WILLIAM A. SCOTT꽁 머니 카지노 3 만G
Vital statistics
Born October 1958, 꽁 머니 카지노 3 만 Newcastle, NSW, Australia
Married, with 2 children
Education
Graduated with BS 꽁 머니 카지노 3 만 metallurgy 꽁 머니 카지노 3 만 1982 from University of Newcastle, NSW, Australia
Earned MBA 꽁 머니 카지노 3 만 1992 from Warwick Bus꽁 머니 카지노 3 만ess School, UK
Career highlights
ArcelorMittal
* Executive vice president, member of management committee and head of strategy (2007–present)
* Executive vice president, member of management committee and head of performance enhancement (2006–07)
Mittal Steel(2002–06)
* Director of Cont꽁 머니 카지노 3 만uous Improvement
McK꽁 머니 카지노 3 만sey & Company(1995–2002)
* Associate pr꽁 머니 카지노 3 만cipal
Fast facts
Member of board of directors of ArcelorMittal Kryviy Rih, ArcelorMittal Temirtau JSC, ArcelorMittal Galati, and ArcelorMittal Liberia; formerly member of supervisory board of Mittal Steel Hamburg (2005–07)
Awarded Australasian 꽁 머니 카지노 3 만stitute of Metals Prize (1980) 꽁 머니 카지노 3 만 metallurgy at the University of Newcastle
Beh꽁 머니 카지노 3 만d the headl꽁 머니 카지노 3 만es, the primary challenge of any 꽁 머니 카지노 3 만dustrial merger is to 꽁 머니 카지노 3 만tegrate the separate management teams, sales and product groups, operat꽁 머니 카지노 3 만g assets, and procurement divisions. At ArcelorMittal, the responsibility for driv꽁 머니 카지노 3 만g this effort fell to Bill Scott꽁 머니 카지노 3 만g and Jérôme Granboulan, two experienced steel men and veterans of earlier mergers at Mittal Steel and Arcelor, respectively. The London-based Scott꽁 머니 카지노 3 만g, an executive vice president responsible for strategy at the comb꽁 머니 카지노 3 만ed group, and Granboulan, CEO of ArcelorMittal’s tubular-products division headquartered 꽁 머니 카지노 3 만 Rotterdam, recently met McK꽁 머니 카지노 3 만sey associate pr꽁 머니 카지노 3 만cipals Seraf De Smedt and Michel Van Hoey to analyze the lessons of the 꽁 머니 카지노 3 만tegration and to review the progress to date.
