Leadership Changes at ArcelorMittal's South American Division

Leadership Transitions at ArcelorMittal South America
ArcelorMittal has made significant leadership changes within its South American operations, announcing the appointment of Everton Negresiolo as the new CEO of its South American Long Products and mining business. This change takes effect starting from early 2025, marking a pivotal moment for the company.
Everton Negresiolo Takes the Helm
Everton brings a wealth of experience and fresh perspectives to his new role. Having been with ArcelorMittal since 2010, he has served in various capacities, ascending through the ranks. Previously, he was the CEO of Acindar, one of the group's long steel operations in Argentina. His deep-rooted knowledge in logistics and supply chain management positions him well for the challenges ahead.
Farewell to Jefferson de Paula
Negresiolo's appointment follows the retirement of Jefferson de Paula, who has been a significant figure in the company since his start in 1991. Over his extensive 34-year career, he has held numerous key leadership roles, shaping the company’s direction in the South American region.
Strategic Goals for the Future
Under Everton's leadership, ArcelorMittal aims to enhance its operational efficiencies while harnessing growth opportunities in South America. The region holds substantial potential, and with strategic investments, the company hopes to capitalize on evolving market dynamics.
Comments from Leadership
Aditya Mittal, CEO of ArcelorMittal, commented on the transition: "Jefferson's contributions have been instrumental to our success. Everton's knowledge and leadership style will foster continued progress in our Long Products and mining divisions."
Looking Ahead
As Everton ushers in a new era, he expressed gratitude for the opportunity, stating, "We have a robust foundation in South America, and I look forward to building upon that with a focus on innovation and sustainability. Our goal is to produce high-quality steel while reducing environmental impacts.”
About ArcelorMittal
ArcelorMittal stands as a premier integrated steel and mining company, operating across 60 countries. With primary steel production in 15 countries, it is not only the largest producer in Europe but also a major player in the Americas. The company generates substantial revenues through diverse sectors, including automotive and construction.
Frequently Asked Questions
Who has been appointed as the new CEO of ArcelorMittal's South America division?
Everton Negresiolo has been appointed as the new CEO, effective April 1, 2025.
What is Everton Negresiolo's background?
Everton has been with ArcelorMittal for over a decade, having served in several senior roles including CEO of Acindar and Vice President for commercial and metallics for South America Long Products.
What is the significance of Jefferson de Paula's retirement?
Jefferson de Paula has played a crucial role in steering the company's South American operations for over three decades, making his retirement a notable event for the organization.
What are the strategic goals for ArcelorMittal South America under new leadership?
The primary goal is to capitalize on growth opportunities in the region while focusing on operational efficiencies and sustainability initiatives.
How is ArcelorMittal contributing to sustainability?
ArcelorMittal aims to produce smarter steels by using innovative processes that reduce energy consumption, lower carbon emissions, and support renewable energy infrastructure.
About The Author
Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.