ArcelorMittal Italia appoints Lucia Morselli as Chairman of the Board and CEO
17 October 2019
ArcelorMittal Italia announces that Lucia Morselli is to become Chairman of the Board and CEO, effective today. She will replace Matthieu Jehl, the current Chairman and CEO, who will take up new responsibilities within ArcelorMittal.
Commenting, Geert van Poelvoorde, CEO ArcelorMittal Europe, Flat Products, said:
“I would like to start by thanking Matthieu Jehl for the important role he has played in helping ArcelorMittal establish a presence in Italy. Good progress has been made, specifically on the implementation of the environmental investments and in improving processes, despite the challenging external environment.”
“We are very pleased to welcome Lucia as the new Chairman and CEO of ArcelorMittal Italia. She is widely recognised as a highly experienced business leader who has made a significant contribution to Italian industry. Her experience and expertise will be very valuable to ArcelorMittal Italia as we seek to put the company on a more sustainable footing and strengthen the consensus around the future of the plant.”
Lucia Morselli, said:
“There is arguably no bigger, more complex industrial challenge within Italy today than the ex-Ilva facilities. I am very motivated by the opportunity to lead ArcelorMittal Italia and I will do my best to secure its future and ensure its contribution is valued by all stakeholders.”
Mrs. Morselli is recognised as one of Italy’s leading businesswomen. She is a member of the board of directors at Essilor-Luxottica, Telecom Italia SPA, Sisal SPA and ST Microelectronics.
Mrs. Morselli is a highly experienced Chief Executive having held the position at numerous companies including Acciai Speciali Terni SPA, Berco Group, BioEra S.p.A., Mikado S.p.A., Tecnosystemi S.p.A., Stream (Sky) S.p.A. and Telepiù Group.
She started her career at Olivetti as an assistant to the CFO and then spent five years in strategic consultancy at Accenture before joining Finmeccanica as CFO for the aircraft division.
Mrs. Morselli holds a degree in mathematics (summa cum laude) from Pisa University, a PHD in mathematical physics from the University of Rome and Masters’ degrees from the University of Turin (Business Administration) and the University of Milan (European Public Administration).
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 19 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.
Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and well being of our employees, contractors and the communities in which we operate.
For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components people use in their everyday lives more energy efficient.
We are one of the world’s five largest producers of iron ore and metallurgical coal. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.
In 2018, ArcelorMittal had revenues of $76.0 billion and crude steel production of 92.5 million metric tonnes, while own iron ore production reached 58.5 million metric tonnes.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal please visit: http://corporate.arcelormittal.com/
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ArcelorMittal Corporate Communications
Paul Weigh +44 203 214 2419