Karyn Ovelmen - Arcelormittal Non-Executive Independent Director

MTCNDelisted Stock  USD 61.83  0.06  0.1%   

Director

Ms. Karyn F. Ovelmen was NonExecutive Independent Director of ArcelorMittal S.A. since May 5 2015. She is Member of the Audit Risk Committee at the Company. She is the Executive Vice President and Chief Financial Officer of Flowserve a position that she has held since June 2015. 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 since 2015.
Age 57
Tenure 9 years
Professional MarksCPA
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.

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Arcelormittal (MTCN) is traded on New York Stock Exchange in USA and employs 43 people.

Arcelormittal 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.
John Brett, Member of the Management committee, Member of the Executive committee, Chief Executive Officer of ArcelorMittal North America
Aditya Mittal, President, Chief Executive Officer, Member of the Management Committee, Member of the Executive Board
Bruno Lafont, Lead Non-Executive Independent Director
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
Stefan Buys, Executive Vice President CEO ArcelorMittal Mining, Member of the Management Committee
Sanjay Samaddar, Vice President, Member of the Management Board, Chief executive officers, ArcelorMittal Poland, country head of Poland, head of human resources and IS/IT (ArcelorMittal Europe – Flat products) and hea
Genuino Christino, Vice President Group Head of Finance, Member of the Management Committee
Geert Poelvoorde, Executive Vice President, Member of the Management Committee, Member of the Executive Board, Chief Executive Officer - ArcelorMittal Europe
Benjamin Filho, Vice President, Member of the Management Committee, Chief Executive Officer Flat Carbon South America
Vijay Goyal, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal CIS (ArcelorMittal Kryvyi Rih, Ukraine and ArcelorMittal Temirtau, Kazakhstan)
Brad Davey, Vice President - Head of Corporate Business Optimization, Member of the Management Committee, Chief Executive Officer ArcelorMittal North America
Michel Wurth, Responsible for Long Carbon Worldwide, Member of the Group Management Board and Management Committee
David Clarke, Vice President - - Head of strategy and CCM (commercial coordination and marketing), Member of the Management Board
Henk Scheffer, Secretary to the Company and Board of Directors
Gregory Ludkovsky, Vice President, Member of the Management Board, Chief executive officer of global research and development
Simon Wandke, Executive Vice President, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal Mining
Karel Gucht, Non-Executive Independent Director
Etienne Schneider, 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
Brian Aranha, Vice President Chief Marketing Officer, Head of Global Automotive and Flat Carbon Americas Commercial Coordination, Member of the Management Committee
Dilip Oommen, Executive Vice President CEO AM/NS India, Member of the Management Committee
Jeannot Krecke, Non-Executive Non-Independent Director
Victor Cairo, Vice President, Member of the Management Committee, Chief Executive Officer ArcelorMittal Mexico
Suzanne Nimocks, Non-Executive 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 Board, President and chief executive officer ArcelorMittal Dofasco
Yves Koeberle, Vice President, Member of the Management Committee, Chief Executive Officer - ArcelorMittal Europe – Flat Products
Bradley Davey, Executive Vice President Head of Corporate Business Optimization, Member of the Management Committee
Jefferson Paula, Executive Vice President, Member of the Executive Board, Member of the Management Committee, Chief Executive Officer ArcelorMittal South America Long
Bart Wille, Executive Vice President Head of Human Resources, Member of the Management Committee, Member of the Executive Board
Lakshmi Mittal, Chairman of the Board and CEO, Member of the Group Management Board, Member of the Management Committee
Sapan Gupta, Vice President General Counsel - ArcelorMittal Nippon Steel
Clarissa Lins, Non-Executive Independent Director

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.

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 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 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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Arcelormittal Stock

If you are still planning to invest in Arcelormittal check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Arcelormittal's history and understand the potential risks before investing.
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