Aperam announced that Sud Sivaji has officially assumed the role of Chief Executive Officer, effective 1 January 2026. This milestone completes the leadership succession plan initiated in September 2025 following the retirement of Tim di Maulo at the end of 2025. Mr. Sivaji, who previously served as Aperam's Chief Financial Officer, brings 25 years of engineering, supply chain, and financial expertise to the role, with industrial experience spanning the steel, stainless, and aerospace sectors.
In his first statement as CEO, Sivaji emphasized the company's ambition to establish Aperam as the leading value creator in the circular economy of infinite, world-changing materials. "Beyond producing steel, we are creating value across supply chains: from stainless, electrical steel, aerospace and specialty alloys to recycling, charcoal, and forestry," Sivaji stated. "These are the materials that will power our planet's future." This vision represents a significant strategic direction for the global materials company, positioning sustainability and circular economy principles at the core of its operations.
The broader Leadership Team supporting Mr. Sivaji has been in place since 1 October 2025, with the leadership structure now fully operational. According to company information, this positions Aperam to execute its long-term strategy and drive innovation in the materials space. The leadership structure can be found on the company's website.
Sivaji highlighted the importance of Aperam's 13,000 employees worldwide, stating that their knowledge of materials, innovation capabilities, and collaborative determination form the foundation of his confidence in the global team. "What truly sets us apart is our uniquely integrated value chain, where our businesses succeed because they work together as one Aperam," he explained. This integrated approach spans from production facilities across Brazil, Belgium, France, the United States, India, and China to a highly integrated distribution, processing and services network.
The company's commitment to sustainability is demonstrated through several key initiatives. Aperam has a unique capability to produce low carbon footprint stainless and special steels from biomass, stainless steel scrap and high performance alloys scrap. Through BioEnergia, the company produces charcoal made from its own FSC®-certified forestry, while Aperam Recycling | ELG serves as a global leader in collecting, trading, processing and recycling of stainless steel scrap and high performance alloys. These operations support the company's ResponsibleSteel™ certification, which ensures high standards of environmental, social, and governance performance.
For customers and communities, Sivaji made clear commitments: "to create value responsibly, to be a trusted partner and a good neighbour, and to continuously improve the world we serve, every day." This leadership transition comes at a time when global industries face increasing pressure to adopt sustainable practices and circular economy models, making Aperam's strategic direction particularly relevant to broader environmental and economic trends. The company's integrated approach from production to recycling positions it to address growing demands for sustainable materials across multiple sectors, including construction, automotive, and aerospace industries.
