Mittal joins Goldman Sachs
Updated: 06/30/08 6:50 AM
NEW YORK (AP) — Goldman Sachs Group said Sunday that billionaire steel magnate Lakshmi Mittal has
been elected as an independent director at the world’s largest investment bank.
Mittal, who is chairman and chief executive of the world’s largest steel producer, ArcelorMittal SA, joined Goldman Sachs’ 13-member board Saturday and will serve on its Audit, Compensation and Corporate Governance and Nominating committees.
Mittal founded Mittal Steel Co. in 1976 and served as CEO of Mittal Steel until 2006, when the company acquired Arcelor SA to form ArcelorMittal.
Mittal also serves as a director of Airbus maker European Aeronautic Defence & Space NV and ICICI Bank Ltd. of India.
