Guy Dollé

AAA

DEFINITION of 'Guy Dollé'

The former chairman and CEO of steel company Arcelor from 2001 to 2006. The company produced flat carbon steel, long carbon steel and stainless steel and managed steel distribution. In 2006, Mittal Steel took over Arcelor to become Arcelor-Mittal; Dollé's job was a casualty of that transaction. Arcelor experienced large operating losses in 2001, but Dolle led the company to earnings of almost 800 million in 2002 despite a loss of export business due to steel tariffs imposed by the George W. Bush administration. In 2003, he worked on expanding the company's global presence by forming a Global Steel Alliance with automakers in Italy, Spain and Japan.

INVESTOPEDIA EXPLAINS 'Guy Dollé'

Dollé was born in 1942 in France and educated at the École Polytechnique. He began his career with Irsid Steel Research Center in 1966, and after working there for about 15 years, he went to Usinor. In 1993 he became chairman and CEO of Unimetal and in 2002 he became chairman and CEO of Arcelor, which formed in 2001 when Aceralia, Arbed and Usinor merged. The new company was listed on stock exchanges a year later.

RELATED TERMS
  1. Kenneth I. Chenault

    The chairman and CEO of American Express. Chenault joined the ...
  2. Akio Mimura

    Served as chairman and president of Nippon Steel Corp. Mimura ...
  3. Lakshmi Mittal

    The chairman and CEO of ArcelorMittal and one of the world's ...
  4. Chairman

    An executive elected by a company's board of directors that is ...
  5. Corporate Action

    Any event that brings material change to a company and affects ...
  6. Corporate Governance

    The system of rules, practices and processes by which a company ...
RELATED FAQS
  1. Why did the U.S. government take control of the steel industry in 1952?

    In early 1950, Senator McCarthy began seeing communists in every shadow, prompting him to accuse the Truman administration ... Read Full Answer >>
Related Articles
  1. Entrepreneurship

    Female CEOs Who Climbed The Corporate Ladder

    These women climbed the ladder and broke the glass ceiling.
  2. Personal Finance

    A History Of U.S. Monopolies

    These monoliths helped develop the economy and infrastructure at the expense of competition.
  3. Professionals

    Management Strategies From A Top CEO

    Find out what this winning manager did to grow one of the biggest companies in the world.
  4. Active Trading

    The Best CEOs Listen To The Street

    Studies show that transparency and listening to the market are a winning combination for CEOs and the companies they run.
  5. Entrepreneurship

    CEOs Who Blazed The Trail (Kroc, Hock And Welch)

    The right CEO can make all the difference in a company's market position.
  6. Entrepreneurship

    The Giants Of Finance: Andrew Carnegie

    Though not as well-remembered as some of his contemporaries, Andrew Carnegie's legacy is strong and moralistic.
  7. Stock Analysis

    How MasterCard Likely Earned a Spot in Your Wallet

    An in depth look at MasterCard and its future prospects as an investment.
  8. Investing

    Crowdfunding: Wide Opening For Tech Investors

    Crowdfunding has dramatically changed investing and opened the door for the public to get in on all types of exciting startups, including tech firms.
  9. Entrepreneurship

    Taboola: How "Content You May Like" Makes Money

    Taboola's tagline, “content you may like,” conveys a lot about its business philosophy.
  10. Entrepreneurship

    Emerging Startup Cities Of 2015

    While Silicon Valley and New York have been the birthplace of several well-known startups, other U.S. cities are making names for themselves as tech hubs.

You May Also Like

Hot Definitions
  1. Income Effect

    In the context of economic theory, the income effect is the change in an individual's or economy's income and how that change ...
  2. Price-To-Sales Ratio - PSR

    A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the ...
  3. Hurdle Rate

    The minimum rate of return on a project or investment required by a manager or investor. In order to compensate for risk, ...
  4. Market Value

    The price an asset would fetch in the marketplace. Market value is also commonly used to refer to the market capitalization ...
  5. Preference Shares

    Company stock with dividends that are paid to shareholders before common stock dividends are paid out. In the event of a ...
  6. Accrued Interest

    1. A term used to describe an accrual accounting method when interest that is either payable or receivable has been recognized, ...
Trading Center