ArcelorMittal EVP Brad Davey to retire on January 1, 2027, with leadership roles redistributed.

Brad Davey, EVP and Head of Corporate Business Optimisation at ArcelorMittal, announced his retirement effective January 1, 2027. With 40 years in the steel industry, Davey has held key roles including CEO of ArcelorMittal North America and has driven major initiatives in health and safety and global automotive business. Post-retirement, his responsibilities will be divided among Pinakin Chaubal, Genuino Christino, and Vijay Goyal, ensuring continuity in critical areas such as safety, sustainability, and business development. The company praised Davey's contributions, highlighting his impact on safety improvements and maintaining leadership in the automotive steel market.

Following the announcement of Brad Davey's retirement from ArcelorMittal effective January 1, 2027, the company's stock on Pluang is trading at USD 63.67 as of November 9, 2026, 23:41 WIB. The share price has risen by 4.41% in the past day, reflecting active market interest. ArcelorMittal holds a market capitalization of $46.28 billion on Pluang, with a dividend yield of 0.98%.