ArcelorMittal (MT) Europe CEO retires, shifts to chairman role in July
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
ArcelorMittal announced that Geert Van Poelvoorde will retire as CEO of ArcelorMittal Europe and member of the Group Management Committee at the end of July, transitioning to Chairman of the Board of ArcelorMittal Europe Steel.
Van Poelvoorde has spent 37 years in the steel industry, rising from a project engineer in Ghent in 1989 to multiple CEO roles across the group, including CEO of ArcelorMittal Europe since 2021 and President of Eurofer from 2015 to 2022. The company credits him with advancing safety, digitalisation and lower‑carbon steelmaking, including introducing dynamic pricing and launching green steel certificates.
ArcelorMittal describes its global footprint across 60 countries with primary steelmaking operations in 14 countries and notes that in 2025 it generated $61.4 billion in revenue, produced 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore.
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Insights
Regional CEO retires but remains closely involved in European business.
The change centers on leadership succession at ArcelorMittal Europe. Geert Van Poelvoorde will step down as CEO yet stay on as Chairman of the Board of ArcelorMittal Europe Steel, maintaining continuity in strategic oversight for the region.
The narrative emphasizes his role in safety, digitalisation and lower‑carbon initiatives such as green steel certificates and dynamic pricing. This suggests an orderly transition rather than abrupt disruption, as his experience and relationships remain available to the European segment.
The company also reiterates its scale, noting $61.4 billion in 2025 revenue and substantial steel and iron ore output. These context figures underscore that this is a regional leadership evolution within a large, diversified group, not a restructuring of the overall business model.
Key Figures
2025 revenue: $61.4 billion
Crude steel production: 55.6 million metric tonnes
Iron ore production: 48.8 million tonnes
+3 more
6 metrics
2025 revenue
$61.4 billion
Company revenue in 2025
Crude steel production
55.6 million metric tonnes
Crude steel output in 2025
Iron ore production
48.8 million tonnes
Iron ore output in 2025
Global presence
60 countries
Countries where ArcelorMittal has a presence
Primary steelmaking footprint
14 countries
Countries with primary steelmaking operations
Industry experience
37 years
Geert Van Poelvoorde’s career in the steel industry
Key Terms
green steel certificates, dynamic pricing concept, TRQ, CBAM, +1 more
5 terms
green steel certificates financial
"launching our green steel certificates, the first step towards creating value from lower carbon products"
dynamic pricing concept financial
"He has pivoted the business towards a safer, cleaner, more digital future, introducing the dynamic pricing concept"
TRQ regulatory
"with the TRQ introduced on 1st July and CBAM in place since the beginning of the year"
CBAM regulatory
"with the TRQ introduced on 1st July and CBAM in place since the beginning of the year"
A carbon border adjustment mechanism is a government policy that charges imports a fee based on the greenhouse gas emissions produced to make them, similar to adding a price to pollution at the border. For investors it matters because it changes the relative costs and competitiveness of companies that make or sell goods across borders, affecting profit margins, supply chains and the likely value of industries exposed to high-carbon production.
Group Management Committee financial
"its CEO of Europe and member of the Group Management Committee, Mr Geert Van Poelvoorde, will retire"
FAQ
What leadership change did ArcelorMittal (MT) announce in Europe?
ArcelorMittal announced that Geert Van Poelvoorde will retire as CEO of ArcelorMittal Europe at the end of July. He will remain involved as Chairman of the Board of ArcelorMittal Europe Steel, maintaining continuity in strategic oversight for the company’s European steel operations.
What new role will Geert Van Poelvoorde hold at ArcelorMittal Europe Steel?
After retiring as CEO of ArcelorMittal Europe, Geert Van Poelvoorde will become Chairman of the Board of ArcelorMittal Europe Steel. In this role he will continue contributing his experience and represent the company at Eurofer, supporting strategic direction for the European steel segment.
How long has Geert Van Poelvoorde worked in the steel industry?
Geert Van Poelvoorde has spent 37 years in the steel industry, starting as a project engineer in Ghent in 1989. Over that period he progressed through multiple leadership roles, including CEO positions within ArcelorMittal and a seven‑year term as President of Eurofer from 2015 to 2022.
What were ArcelorMittal’s 2025 revenues and production volumes?
In 2025, ArcelorMittal generated revenues of $61.4 billion, produced 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore. These figures highlight the company’s large global scale across steel production and mining activities in multiple regions and markets.
What strategic initiatives are highlighted in ArcelorMittal’s European business?
ArcelorMittal highlights several European initiatives, including a pivot toward safer, cleaner and more digital operations. The company credits Geert Van Poelvoorde with introducing a dynamic pricing concept and launching green steel certificates, aimed at creating value from lower‑carbon products and developing markets for green steel.
In how many countries does ArcelorMittal operate and make steel?
ArcelorMittal has a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its AM/NS India joint venture and diversified customer base.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
—————————
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
—————————
Dated July 6, 2026
Commission File Number: 001-35788
ARCELORMITTAL
(Translation of registrant’s name into English)
24-26, Boulevard d’Avranches
L-1160 Luxembourg
Grand Duchy of Luxembourg
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☑ Form 40-F ☐
On July 6, 2026, ArcelorMittal published the press release attached hereto as Exhibit 99.1 and hereby incorporated by reference into this report on Form 6-K.
Exhibit Index
| Exhibit No. | Description | ||||
Exhibit 99.1 | Geert Van Poelvoorde to retire as CEO ArcelorMittal Europe | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ARCELORMITTAL
Date 6 July 2026
By: /s/ Henk Scheffer
Name: Henk Scheffer
Title: Company Secretary & Group Compliance & Data Protection Officer
Exhibit 99.1
press release
Geert Van Poelvoorde to retire as CEO ArcelorMittal Europe
Appointed Chairman of the Board of ArcelorMittal Europe Steel
6 July 2026, 14:05 CET
ArcelorMittal today announces that its CEO of Europe and member of the Group Management Committee, Mr Geert Van Poelvoorde, will retire from his executive position at the end of July. He will take up the position of Chairman of the Board of ArcelorMittal Europe Steel.
Mr Van Poelvoorde has made an immense contribution to the company since joining as a project engineer in the hot strip mill in Ghent in 1989. His technical expertise combined with his natural leadership skills saw him rise rapidly through the ranks, moving to Bremen in 1995 where he took up responsibility for operations and engineering. He returned to Ghent as Chief Operating Officer, and shortly afterwards, in 2008, became CEO of ArcelorMittal Ghent. Since then, he has held various CEO positions in the ArcelorMittal group, including CEO Business Division North, CEO Flat Carbon Europe, and CEO of ArcelorMittal Europe from 2021. He also held the position of President of Eurofer for seven years, from 2015 to 2022.
Aditya Mittal, CEO ArcelorMittal, said:
“Geert has been an exceptional leader of ArcelorMittal Europe, and it has been a pleasure to work closely with him for the past twenty years. He has extraordinary energy, drive, technical knowledge and passion and has worked tirelessly to champion the strategic importance of Europe retaining a strong steel industry. His legacy is considerable, including the fact that our European business is now facing a brighter future. He has pivoted the business towards a safer, cleaner, more digital future, introducing the dynamic pricing concept and launching our green steel certificates, the first step towards creating value from lower carbon products and lead markets for green steel. We are of course very sad he is retiring but delighted he will retain a connection to the Company as Chairman of the Board of ArcelorMittal Europe Steel.”
Geert Van Poelvoorde, said:
“It has been an extraordinary 37 years in the steel industry. I could not have imagined when I started out in Ghent how fulfilling and rewarding my career would be. The steel industry is never easy, but it is full of great people who care passionately about the material we make and it has been a great privilege to have been CEO of ArcelorMittal’s European segment for the past five years. We have done a lot, and I
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am proud that I leave the segment safer, stronger and having started our transition to lower-carbon steelmaking. I would like to thank Mr Mittal and Aditya for their confidence in me and all the great colleagues I have worked with over the decades. There is never a good time to retire, but with the TRQ introduced on 1st July and CBAM in place since the beginning of the year, I feel that the future for European steelmaking is looking brighter. And I am not leaving entirely as I will continue as Chairman of the Board of ArcelorMittal Europe Steel, also representing the Company at Eurofer.”
ENDS
About ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2025 generated revenues of $61.4 billion, produced 55.6 million metric tonnes of crude steel and 48.8 million tonnes of iron ore. Our purpose is to produce smarter steels for people and planet. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Steels that are cleaner, stronger and reusable. Steels for the renewable energy infrastructure that will support societies as they transform through this century. With steel at our core, our inventive people and an entrepreneurial culture at heart, we will support the world in making that change.
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
http://corporate.arcelormittal.com/
ArcelorMittal Investor Relations contact information | |||||
General | +44 20 7543 1128 | ||||
Retail | +44 20 3214 2893 | ||||
Bonds/Credit | +33 157 955 035 | ||||
ArcelorMittal Corporate Communications contact information | |||||
Paul Weigh | |||||
Tel: | +44 20 3214 2419 | ||||
E-mail | press@arcelormittal.com | ||||
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