ArcelorMittal Nippon Steel India appoints new CEO
pre-market1 source ↓written by the desknot a recommendation
- as CEO effective
- 1 July 2023
- steps
- 30 June 2023
ArcelorMittal Nippon Steel India will appoint Amit Harlalka as CEO effective 1 July 2023, succeeding Dilip Oommen, who steps down on 30 June 2023. Oommen will remain on the board and serve as vice chairman of ArcelorMittal India. This leadership change may influence investor sentiment in the steel sector.
• Oommen led the company since its acquisition of Essar Steel in December 2019.
• Harlalka, the current CFO, will take over amid ongoing industry challenges.
Not investment advice. For informational purposes only.