Aperam announces the appointment of new CFO
Luxembourg, 6 November 2013 - Aperam, a global player in stainless, electrical and specialty steel, today announces the appointment of Sandeep Jalan as the Company's new Chief Financial Officer, following the resignation of Julien Onillon.
Sandeep Jalan, 46, will become a member of Aperam's Management Committee and CFO of Aperam effective 15
January 2014. Julien Onillon is leaving Aperam to realize a personal project.
Sandeep has over twenty years of experience in finance and joins Aperam from ArcelorMittal, which he joined in
1999. During his time with the group he has held a number of positions including being an active member of the M&A
due diligence team for numerous acquisitions in both steel and mining and helping establish the company’s groupwide
business performance management systems. Most recently he was CFO of ArcelorMittal Long Carbon Europe,
responsible for finance and strategy.
Philippe Darmayan, Chief Executive Officer and Member of the Management Committee, said: "I'm confident
that Sandeep will continue and enhance further the current Leadership Journey® plan and bring a strong support to
the management team of Aperam. His extensive experience in finance and the steel industry has prepared him well
for this task". Mr. Darmayan added: "In the name of the Management Committee, I would like to thank Julien who
headed the spin-off of Aperam and has successfully initiated the Leadership Journey® and the debt reduction plan."
Lakshmi Mittal, Chairman of Aperam's Board of Directors, said: "Together with my fellow members of the Board of
Directors, I would like to extend our gratitude and appreciation for Julien's achievements at Aperam and also during
his career at ArcelorMittal and Mittal Steel. We wish Julien all the best with his project and welcome Sandeep aboard".
Aperam is a global player in stainless, electrical a nd specialty steel, with operations in more than 30 countries. The business is organized in three divisions: Stainless & Electrical Steel, Services & Solutions and Alloys & Specialties. Aperam has 2.5 million tonnes of flat stainless stee l capacity in Brazil and Europe and is a leader in high value added niches - alloys and specialties. Aperam has a highly integ rated distribution, processing and services network and a unique capability to produce stainless and specialty from low cost biomass (charcoal). Its industrial network is concentrated in six main plants located in Brazil, Belgium and France.
Aperam has about 9,800 employees. Aperam commits to operate in a responsible way with respect to health, safety and the well-being of its employees,contractors and the communities in which it operates. It is also committed to the sustainable management of the environment and of finite resources. In 2012, Aperam had revenues of USD 5.3 billion and shipments of 1.68 million tonnes.
For further information, please refer to our website at www.aperam.com
Corporate Communications / Jean Lasar: +352 27 36 27 27
Investor Relations / Romain Grandsart: +352 27 36 27 36