Obviously, it was the right tempo to make the announcement.
Against the backdrop of improving results, recovery of the dividend and debt reduction target achieved, the king of steel Lakshmi Mittal, CEO and founder of the world number one in the sector, dubbed his son, Aditya, 45, on Thursday. -là grand argentier, managing director of the listed group, based in Luxembourg and 36% owned by the family.
He himself, who celebrated his 70th birthday on June 15, will become executive chairman, while continuing to lead the board of directors and work closely alongside his son.
"Having achieved several of the key strategic goals, it seems now is the right time to step up to the role of Executive Chairman"
, justified the Indian tycoon, specifying that the administrators had unanimously validated
“this natural and fair choice”.
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In fact, beyond industrial success, the magnate born into a poor family in Rajasthan and who built his group through shopping, including that of
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