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ArcelorMittal South Africa names new CEO

ArcelorMittal South Africa Ltd. said Dec. 11 that Hendrik Jacobus Verster was named as CEO and an executive director of the company, succeeding Wim de Klerk in both capacities.

De Klerk's resignation was announced in October and will be effective Jan. 31, 2018. To ensure a smooth transition, Verster will join the company on Jan. 2 as CEO designate and will officially take over as CEO from Feb. 1, 2018.

Verster served as ArcelorMittal South Africa's CFO and as an executive director from 2006 to 2010.