Arcelor Mittal

New wave of next-generation leaders take charge of global businesses

June 1, 2018

The appointment in April of Alexandre de Rothschild to the supervisory board of Rothschild & Co is the latest in an international wave of young family business scions seizing greater controls at the heart of their large, global family firms.

Alexandre, 37, becomes the seventh generation of the family in charge of the bank in a long-planned succession that sees his father, David de Rothschild, 75, become supervisory board chairman.

FB Roundup: ArcleorMittal, Bombardier, and Ramco Group

May 17, 2017

ArcelorMittal doubles earnings after cost-cutting drive; Bombardier’s Beaudoin leaves chairman post amid revolt but stays on board; India’s Ramco Group second-gen chairman dies.

ArcelorMittal doubles earnings after cost-cutting drive

The chief executive of steel and mining giant ArcelorMittal says he is “satisfied” following a first quarter result which saw sales up 20% year-on-year.

Sales in the quarter ending 31 March were $16.1 billion, up from $13.4 billion for the same period last year. Net income sat at $1 billion, compared to last year’s first quarter loss of $416 million.

Shortlist announced for the fifth European Families in Business Awards

May 27, 2016

The cream of continental business talent will be celebrated at the fifth annual European Families in Business Awards in Berlin on 21 June.

The cream of continental business talent will be celebrated at the fifth annual European Families in Business Awards in Berlin on 21 June.

Family business leaders and business school experts on the judging panel for CampdenFB have shortlisted the 30 best of the best from more than 250 nominations across six categories. Close to 1,000 companies have been nominated since 2012.