ArcelorMittal (NYSE: MT) announced that Geert Van Poelvoorde, CEO of ArcelorMittal Europe and member of the Group Management Committee, will retire from his executive position at the end of July 2026. He will subsequently become Chairman of the Board of ArcelorMittal Europe Steel.

Van Poelvoorde joined the company in 1989 as a project engineer in Ghent, Belgium, and held several leadership roles over a 37-year career, including CEO of ArcelorMittal Ghent, CEO Business Division North, and CEO Flat Carbon Europe. He has served as CEO of ArcelorMittal Europe since 2021. He also served as President of Eurofer from 2015 to 2022 and will continue to represent ArcelorMittal at Eurofer in his new role.

ArcelorMittal CEO Aditya Mittal said in a statement: "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."

Van Poelvoorde commented: "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."

ArcelorMittal is listed on the New York, Amsterdam, Paris, and Luxembourg stock exchanges under the ticker MT, and on Spanish exchanges under MTS.