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 Articles
  1. Female CEOs Who Climbed The Corporate ...
    Entrepreneurship

    Female CEOs Who Climbed The Corporate ...

  2. A History Of U.S. Monopolies
    Personal Finance

    A History Of U.S. Monopolies

  3. Management Strategies From A Top CEO
    Professionals

    Management Strategies From A Top CEO

  4. The Best CEOs Listen To The Street
    Active Trading

    The Best CEOs Listen To The Street

comments powered by Disqus
Hot Definitions
  1. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  4. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  5. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center