To view the PDF file, sign up for a MySharenet subscription.

ARCELORMITTAL SOUTH AFRICA LIMITED - Appointment of interim Chief Executive Officer

Release Date: 04/02/2014 15:12
Code(s): ACL     PDF:  
Wrap Text
Appointment of interim Chief Executive Officer

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1989/002164/06)
Share code: ACL
ISIN: ZAE000134961
(“ArcelorMittal South Africa")


APPOINTMENT OF INTERIM CHIEF EXECUTIVE OFFICER


Shareholders are referred to the announcement released on SENS on
9 December 2013 stating that Ms Nonkululeko Nyembezi-Heita had
announced her intention to step down as Chief Executive Officer
(“CEO”) and executive director with effect from Tuesday 18
February 2014.


The board is pleased to announce that Dr Hans Ludwig Rosenstock
has been appointed as acting CEO and executive director while the
Board embarks on a search for a permanent CEO. The appointment
will be effective from Wednesday 19 February 2014. The process
of appointing a new CEO is well underway.


Dr Rosenstock, currently the Chief Operating Officer (“COO”) of
ArcelorMittal South Africa, holds   a   Degree in Physical
Engineering (Dipl.-Ing)from the    Technische Universitaet
Clausthal, Germany and a Dr.-Ing from Rheinisch Westfaelische
Technische Hochschule Aachen, Germany.


Since 2003, Dr Rosenstock was successively COO of Mittal Steel
Ruhrort and Mittal Steel Hochfeld, COO of ArcelorMittal Galati,
COO   of   ArcelorMittal Rodange & Schifflange and later CEO   of
ArcelorMittal Duisburg. In 2011 he held the position of COO and
Vice Chairman of the Board at ArcelorMittal Ostrava before moving
to his current position as COO of ArcelorMittal South Africa in
2012. Dr    Rosenstock was also recently appointed as   Vice
President of ArcelorMittal Group.


4 February 2014


Sponsor to ArcelorMittal South Africa Limited
J.P. Morgan Equities South Africa Pty Ltd


For further information please contact:
Kesebone Maema
Manager: Corporate Communications, Corporate Affirs
Tel: (016) 889 2425

Date: 04/02/2014 03:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story