-1,29%Corporate Governance
Corporate Governance
Aperam is committed to applying the highest standards in corporate governance in its dealings with shareholders and with respect to transparency and quality of disclosure and reporting. Shareholder rights and investor dialogue are key pillars of the Company’s corporate governance framework. In addition, the Company aims to take the interests of all its stakeholders into account through a corporate responsibility framework and by engaging with all its stakeholders on a regular basis. Aperam continually monitors legal requirements and best practices to make improvements to its corporate governance standards and procedures when necessary. The Company complies with the Ten Principles of Corporate Governance of the Luxembourg Stock Exchange, which constitute Aperam’s domestic corporate governance code.
Board of Directors
Aperam places a strong emphasis on corporate governance. Aperam has four independent directors on its seven member Board of Directors, and the Board’s Audit and Risk Management Committee and Remuneration, Nomination and Corporate Governance Committee are each comprised exclusively of independent directors. Mr. Lakshmi N. Mittal is the Chairman of the Board of Directors.
Leadership Team
The members of the Company’s senior management are set forth below. They are members of the Leadership Team, which is entrusted with the day-to-day management of the Company. The members of the Leadership Team are appointed and dismissed by the Board of Directors. The Leadership Team may exercise only the authority granted to it by the Board of Directors.
