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ArcelorMittal appoints Everton Negresiolo as CEO of South American Long Products and mining business

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ArcelorMittal (MT) has announced key leadership changes in its South American operations. Everton Negresiolo will become CEO of South American Long Products and mining business, effective April 1, 2025, succeeding retiring Jefferson de Paula. Negresiolo, who joined ArcelorMittal in 2010, will report to CEO Aditya Mittal and join the group management committee.

The company also nominated Jorge Luiz Ribeiro de Oliveira as Executive Vice President, effective the same date. ArcelorMittal, the largest steel producer in Europe, reported 2024 revenues of $62.4 billion, with production of 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore.

ArcelorMittal (MT) ha annunciato importanti cambiamenti nella leadership delle sue operazioni in Sud America. Everton Negresiolo diventerà CEO dei prodotti lunghi e del settore minerario in Sud America, a partire dal 1 aprile 2025, succedendo a Jefferson de Paula, che si ritira. Negresiolo, che è entrato in ArcelorMittal nel 2010, riporterà al CEO Aditya Mittal e entrerà a far parte del comitato di gestione del gruppo.

La società ha anche nominato Jorge Luiz Ribeiro de Oliveira come Vicepresidente Esecutivo, con effetto dalla stessa data. ArcelorMittal, il più grande produttore di acciaio in Europa, ha riportato ricavi per il 2024 di 62,4 miliardi di dollari, con una produzione di 57,9 milioni di tonnellate metriche di acciaio grezzo e 42,4 milioni di tonnellate di minerale di ferro.

ArcelorMittal (MT) ha anunciado cambios clave en el liderazgo de sus operaciones en América del Sur. Everton Negresiolo se convertirá en CEO de Productos Largos y del negocio minero en América del Sur, a partir del 1 de abril de 2025, sucediendo a Jefferson de Paula, quien se retira. Negresiolo, quien se unió a ArcelorMittal en 2010, reportará al CEO Aditya Mittal y se unirá al comité de gestión del grupo.

La compañía también nominó a Jorge Luiz Ribeiro de Oliveira como Vicepresidente Ejecutivo, con efecto a partir de la misma fecha. ArcelorMittal, el mayor productor de acero en Europa, reportó ingresos de 62,4 mil millones de dólares para 2024, con una producción de 57,9 millones de toneladas métricas de acero bruto y 42,4 millones de toneladas de mineral de hierro.

아르셀로미탈 (MT)이 남미 사업의 주요 리더십 변화를 발표했습니다. 에버튼 네그레시올로가 2025년 4월 1일부터 남미 장기 제품 및 광업 사업의 CEO가 되어 은퇴하는 제퍼슨 드 파울라를 대신하게 됩니다. 네그레시올로는 2010년에 아르셀로미탈에 합류했으며, CEO 아디티야 미탈에게 보고하고 그룹 경영 위원회에 합류할 것입니다.

회사는 같은 날 발효되는 호르헤 루이즈 리베이로 드 올리베이라를 전무 부사장으로 지명했습니다. 유럽 최대의 철강 생산업체인 아르셀로미탈은 2024년 매출이 624억 달러에 달하며, 5790만 톤의 조강과 4240만 톤의 철광석을 생산했다고 보고했습니다.

ArcelorMittal (MT) a annoncé d'importants changements de direction dans ses opérations en Amérique du Sud. Everton Negresiolo deviendra PDG des produits longs et des activités minières en Amérique du Sud, à compter du 1er avril 2025, succédant à Jefferson de Paula, qui part à la retraite. Negresiolo, qui a rejoint ArcelorMittal en 2010, rendra compte au PDG Aditya Mittal et rejoindra le comité de direction du groupe.

L'entreprise a également nommé Jorge Luiz Ribeiro de Oliveira au poste de Vice-Président Exécutif, à effet à la même date. ArcelorMittal, le plus grand producteur d'acier en Europe, a annoncé des revenus de 62,4 milliards de dollars pour 2024, avec une production de 57,9 millions de tonnes métriques d'acier brut et 42,4 millions de tonnes de minerai de fer.

ArcelorMittal (MT) hat wichtige Führungswechsel in seinen südamerikanischen Betrieben angekündigt. Everton Negresiolo wird ab dem 1. April 2025 CEO des Geschäftsbereichs Lange Produkte und Bergbau in Südamerika und tritt die Nachfolge des scheidenden Jefferson de Paula an. Negresiolo, der 2010 zu ArcelorMittal kam, wird an CEO Aditya Mittal berichten und dem Managementausschuss des Unternehmens beitreten.

Das Unternehmen hat auch Jorge Luiz Ribeiro de Oliveira als Executive Vice President nominiert, ebenfalls mit Wirkung zum gleichen Datum. ArcelorMittal, der größte Stahlproduzent in Europa, meldete für 2024 Einnahmen von 62,4 Milliarden Dollar, mit einer Produktion von 57,9 Millionen metrischen Tonnen Rohstahl und 42,4 Millionen Tonnen Eisenerz.

Positive
  • Revenue of $62.4B in 2024
  • Strong production metrics: 57.9M tonnes crude steel, 42.4M tonnes iron ore
  • Smooth leadership transition with internal promotion
Negative
  • None.

Jorge Luiz Ribeiro de Oliveira nominated Executive Vice President of ArcelorMittal 

ArcelorMittal (‘the company’ or ‘the group’) today announces the appointment of Everton Negresiolo as CEO of its South American Long Products and mining business and a member of the group management committee, effective 1 April 2025. Everton will report to Aditya Mittal, Chief Executive Officer of ArcelorMittal.

Everton succeeds Jefferson de Paula, who is retiring, effective 1 April 2025. Jefferson, an Executive Vice President and member of the group’s management committee, joined ArcelorMittal in 1991 as a melt shop manager in one of the company’s Brazilian steel plants. During his 34-year career with the group he held several senior leadership positions including COO of Acindar (the group’s Argentinian long products steelmaking operation), CEO of ArcelorMittal Europe Long Products South Division and had been CEO of the group’s South American Long Products and mining business since 2011.

Everton joined ArcelorMittal in 2010 as a commercial specialist in the company’s Brazilian operations. From 2010 to 2020 he worked in a range of senior roles in procurement, logistics, supply chain and sales functions, before being appointed CEO of Acindar in 2020. In 2023 he was appointed Vice President for commercial and metallics, ArcelorMittal South America Long Products, before becoming CEO of ArcelorMittal South America Long Products in June 2024. Everton is a graduate in mechanical engineering with a specialism in production management. He holds an MBA from the Fundação Dom Cabral in Brazil.

Additionally, Jorge Luiz Ribeiro de Oliveira, currently Vice President of ArcelorMittal and CEO of ArcelorMittal South America Flat Products, has been nominated Executive Vice President of ArcelorMittal, effective 1 April 2025.
  
Commenting, Aditya Mittal, CEO ArcelorMittal, said:

Over the course of his 34-year career with the company Jefferson has proved himself to be an exceptional leader who has added significant value to our group. I would like to thank him for his outstanding contribution to ArcelorMittal and wish him well in his retirement.

“Everton’s appointment brings important continuity to our South American Long Products and mining business. He has done an excellent job working alongside Jefferson and I am confident he will continue to progress and strengthen our South American operations.”

Everton Negresiolo, added:

It is a privilege for me to take up this position and an honour to succeed Jefferson, who has led the division successfully for so long. We already have a tremendous business in South America but are working hard and investing to further strengthen and improve it, so we can capitalise on the growth opportunities our markets present.”

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 15 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 2024 generated revenues of $62.4 billion, produced 57.9 million metric tonnes of crude steel and 42.4 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/


 

 
Contact information ArcelorMittal Investor Relations
 

 

 
General +44 20 7543 1128
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+33 171 921 026
investor.relations@arcelormittal.com

 

 

 

 
Contact information ArcelorMittal Corporate Communications
 

 

Paul Weigh
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+44 20 3214 2419
press@arcelormittal.com

 

 

FAQ

When will Everton Negresiolo take over as CEO of ArcelorMittal's South American operations?

Everton Negresiolo will become CEO of ArcelorMittal's South American Long Products and mining business on April 1, 2025.

What are ArcelorMittal's (MT) production figures for 2024?

In 2024, ArcelorMittal produced 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore.

How much revenue did ArcelorMittal (MT) generate in 2024?

ArcelorMittal generated revenues of $62.4 billion in 2024.

Who is replacing Jefferson de Paula at ArcelorMittal's South American division?

Everton Negresiolo, who joined ArcelorMittal in 2010, will replace Jefferson de Paula upon his retirement.

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