Guy Dollé (born 1942)[1] is a French businessman. He was the CEO of the European steel manufacturer Arcelor until 2006. He was ousted as CEO following Arcelor's merger with Mittal Steel (now ArcelorMittal) at the end of a protracted takeover contest.[2][3][4]

Dolle had opposed the takeover, preferring a hastily drawn up plan to merge with Russian company Severstal, praising the owner as a "true European."[5] He described Mittal's products as low-grade eau de cologne compared with perfumes produced by Arcelor. He had also described Mittal's shares as "monkey money", interpreted by many as a racist attack on Mittal.[6]

In an article entitled "Arcelor's Chief Is Ousted From Mittal Partnership", the NY Times wrote that it was announced that Arcelor Mittal would be replacing him with a new chief executive. Mr. Dollé, who sat silently in the front row, hastily left the news conference refusing to answer questions.[2]

References edit

  1. ^ "Guy Dollé 1942— Biography – International influence, Promotes negotiation rather than confrontation". referenceforbusiness.com. Retrieved 26 June 2016.
  2. ^ a b James Kanter (27 June 2006). "Arcelor's Chief Is Ousted From Mittal Partnership". The New York Times. Retrieved 26 June 2016.
  3. ^ "Arcelor-Mittal tie the knot: Guy Dolle refuses to be CEO". moneycontrol.com. 27 June 2006. Retrieved 26 June 2016.
  4. ^ Heather Timmons, James Kanter and Andrew E. Kramer. "Arcelor offers deal to Russian steel giant". The New York Times. Retrieved 26 June 2016.
  5. ^ Heather Timmons and James Kanter (27 May 2006). "Arcelor, Trying to Fend Off Suitor, Is Buying Russian Steel Company". The New York Times. Retrieved 26 June 2016.
  6. ^ Edward Simpkins (5 February 2006). "'Mittal to blame' for personal barbs". The Daily Telegraph. Retrieved 26 June 2016.

Further reading edit

  • Cold Steel, by Tim Bouquet and Byron Ousey (Little, Brown, 2008).