Karyn Ovelmen - ArcelorMittal Non-Executive Independent Director

ARMT34 Stock  BRL 66.08  0.13  0.20%   

Director

Mrs. Karyn F. Ovelmen was NonExecutive Independent Director of ArcelorMittal S.A. since May 5, 2015. She is Chairman of the Audit Risk Committee at the Company. She was Executive Vice President and Chief Financial Officer of Flowserve from June 2015 till February 2017. Most recently she also served as Chief Financial Officer and Executive Vice President of LyondellBasell Industries NV from 2011 to May 2015, as Executive Vice President and Chief Financial Officer of Petroplus Holdings AG from May 2006 to September 2010 and as Executive Vice President and Chief Financial Officer of Argus Services Corporation from 2005 to 2006. Prior to that, she was Vice President of External Reporting and Investor Relations for Premcor Refining Group Inc. She also spent 12 years with PricewaterhouseCoopers, primarily serving energy industry accounts. She is Member of the Gates Industrial Corporation plc Board of Directors as nonexecutive director and member of its Audit Committee since December 2017. Mrs. Ovelmen holds a Bachelor of Arts degree from the University of Connecticut, USA, and is a Certified Public Accountant of AICPA. since 2015.
Age 55
Tenure 9 years
Professional MarksCPA
Phone352 47 921
Webhttps://corporate.arcelormittal.com
Ovelmen holds a Bachelor of Arts degree from the University of Connecticut, USA, and is a Certified Public Accountant of AICPA.

Karyn Ovelmen Latest Insider Activity

Tracking and analyzing the buying and selling activities of Karyn Ovelmen against ArcelorMittal stock is an integral part of due diligence when investing in ArcelorMittal. Karyn Ovelmen insider activity provides valuable insight into whether ArcelorMittal is net buyers or sellers over its current business cycle. Note, ArcelorMittal insiders must abide by specific rules, including filing SEC forms every time they buy or sell ArcelorMittal'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

ArcelorMittal Management Efficiency

The company has return on total asset (ROA) of 0.0782 % which means that it generated a profit of $0.0782 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1784 %, meaning that it generated $0.1784 on every $100 dollars invested by stockholders. ArcelorMittal's management efficiency ratios could be used to measure how well ArcelorMittal manages its routine affairs as well as how well it operates its assets and liabilities.

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ArcelorMittal SA (ARMT34) is traded on Sao Paulo Exchange in Brazil and employs 63 people.

Management Performance

ArcelorMittal SA Leadership Team

Elected by the shareholders, the ArcelorMittal's board of directors comprises two types of representatives: ArcelorMittal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ArcelorMittal. The board's role is to monitor ArcelorMittal's management team and ensure that shareholders' interests are well served. ArcelorMittal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ArcelorMittal's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lewis Kaden, Lead Independent Director
Alain Grix, Vice President CEO of Distribution Solutions, Member of the Management Committee
Paramjit Kahlon, Vice President, Member of the Management Committee, Chief Executive Officer of ArcelorMittal CIS (ArcelorMittal Kryviy Rih, Ukraine and ArcelorMittal Temirtau, Kazakhstan)
P Venkataramanan, Vice President CEO Long Carbon North America, Member of Management Committee
Aditya Mittal, President, Group Chief Financial Officer, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal Europe
Bruno Lafont, Lead Independent Director
Gonzalo Urquijo, Responsible for AACIS (excluding China and India), Distribution Solutions, Tubular Products, Corporate Responsibility, IAC Chairman, Member of the Group Management Board and Management Committee
Sanjay Samaddar, Vice President, Member of the Management Committee, ArcelorMittal Europe Head of HR & IS/IT, Country Head Poland, Head of Shared Service Centre
Geert Poelvoorde, Executive Vice President, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal Europe Flat
Benjamin Filho, Vice President, Member of the Management Committee, Chief Executive Officer Flat Carbon South America
Brad Davey, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal North America
Antoine Schooten, Vice President Member of the Management Committee, CEO of ArcelorMittal Distribution Solutions
S Mahadevan, Vice President Member of the Management Committee, CEO of ArcelorMittal Kazakhstan
Michel Wurth, Responsible for Long Carbon Worldwide, Member of the Group Management Board and Management Committee
James Baske, Vice President Member of the Management Committee, CEO of ArcelorMittal North America Flat Rolled
Henk Scheffer, Secretary to the Company and Board of Directors
Narayanan Vaghul, Independent Director
Arnaud Jouron, Vice President Member of the Management Committee, CEO of Tubular Products
Karel Gucht, Non-Executive Independent Director
Vanisha Bhatia, Non-Executive Non-Independent Director
Hendrik Verster, Vice President, Member of the Management Committee, Chief Executive Officer of ArcelorMittal South Africa Limited
Karyn Ovelmen, Non-Executive Independent Director
Daniel Fairclough, Vice President, Member of the Management Committee, Corporate Finance and Head of Investor Relations
Bhikam Agarwal, Executive Vice President Head of Finance, Member of the Management Committee
Louis Schorsch, Responsible for Flat Carbon Americas, Group Strategy, CTO, Research and Development, Global Automotive; Member of the Group Management Board and Management Committee
Sudhir Maheshwari, Responsible for Corporate Finance, M&A, Risk Management and India and China activities; Member of Group Management Board and Member of the Management Committee
Brian Aranha, Vice President Chief Marketing Officer, Head of Global Automotive and Flat Carbon Americas Commercial Coordination, Member of the Management Committee
Victor Cairo, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal Mexico
Suzanne Nimocks, Non-Executive Independent Director
Robrecht Himpe, Executive Vice President CEO of Flat Europe, Member of the Management Committee
Wilbur Ross, Independent Director
Vijay Mahadevan, Vice President Member of the Management Committee, CEO of ArcelorMittal Kazakhstan
Yves Koeberle, Vice President Member of the Management Committee, Head of ArcelorMittal Sourcing, Shipping and European Procurement Organization
Bart Wille, Executive Vice President Head of Human Resources, Member of the Management Committee, Member of the Executive Board
Andrew Harshaw, Vice President Member of the Management Committee, CEO of ArcelorMittal USA
John Brett, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal USA
Tye Burt, Non-Executive Independent Director
Augustine Kochuparampil, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal Europe – Long Products
Jose Arias, Vice President Member of the Management Committee, CEO ArcelorMittal Europe, Flat Products business division South West
Genuino Christino, Vice President Group Head of Finance, Member of the Management Committee
Stephanie WernerDietz, Ex HR
Anne Ysendyck, Company Secretary
Vijay Goyal, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal CIS (ArcelorMittal Kryvyi Rih, Ukraine and ArcelorMittal Temirtau, Kazakhstan)
Marc Vereecke, Vice President CTO with additional responsibility for in-house manufacturing services, Member of Management Committee
David Clarke, Vice President, Member of the Management Committee, Head of Strategy and Chief Technology Officer
Gregory Ludkovsky, Vice President of Global Research and Development, Member of the Management Committee
Simon Wandke, Executive Vice President, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal Mining
Lakshmi BCom, Ex Chairman
Leonardo Carneiro, Secretary to the Management Committee
B Aranha, Executive Vice President Member of the Executive Board, Member of the Management Committee, Head of Strategy, CTO, R&D, CCM, and Global Automotive
Kleber Silva, Executive Vice President Head of Iron Ore, Mining, Member of Management Committee
Nicola Davidson, VP Responsibility
Davinder Chugh, Responsible for Shared Services and Member of the Investment Allocation Committee, Member of the Group Management Board and Management Committee
Henri Blaffart, Executive Vice President Head of Human Resources, Member of the Management Committee
Antoine Spillmann, Independent Director
Jeannot Krecke, Non-Executive Non-Independent Director
Wim Gerven, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal Europe – Flat Products, business division north
Sean Donnelly, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal Dofasco
William Scotting, CEO of ArcelorMittal Mining
Juergen Schachler, Vice President CEO of ArcelorMittal Dofasco, Member of Management Committee
Rahul Bazaz, Secretary to the Group Management Board and Management Committee
Jefferson Paula, Executive Vice President, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal South America Long
Lakshmi Mittal, Chairman of the Board, Chief Executive Officer, Member of the Management Committee, Member of the Executive Board

ArcelorMittal Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ArcelorMittal a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ArcelorMittal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ArcelorMittal's short interest history, or implied volatility extrapolated from ArcelorMittal options trading.

Pair Trading with ArcelorMittal

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ArcelorMittal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ArcelorMittal will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ArcelorMittal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ArcelorMittal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ArcelorMittal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ArcelorMittal SA to buy it.
The correlation of ArcelorMittal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ArcelorMittal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ArcelorMittal SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ArcelorMittal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ArcelorMittal SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the ArcelorMittal SA information on this page should be used as a complementary analysis to other ArcelorMittal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running ArcelorMittal's price analysis, check to measure ArcelorMittal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ArcelorMittal's value and its price as these two are different measures arrived at by different means. Investors typically determine if ArcelorMittal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ArcelorMittal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.