Aperam has completed its leadership succession plan with Sud Sivaji officially assuming the role of Chief Executive Officer effective January 1, 2026. This transition follows the retirement of Tim di Maulo at the end of 2025 and concludes a succession process initiated in September 2025. Mr. Sivaji, who previously served as Aperam's Chief Financial Officer, brings 25 years of engineering, supply chain, and financial expertise to the position, with industrial experience spanning the steel, stainless, and aerospace sectors.
In his inaugural statement as CEO, Sivaji outlined a strategic vision positioning Aperam as a 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 represents a significant strategic direction for the global materials company, placing sustainability and circular economy principles at the core of its operations.
The broader Leadership Team supporting Mr. Sivaji has been operational since October 1, 2025, with the leadership structure now fully implemented. 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 at https://www.aperam.com.
Sivaji emphasized the critical role of Aperam's 13,000 employees worldwide, noting that their materials knowledge, 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 production facilities across Brazil, Belgium, France, the United States, India, and China, supported by a highly integrated distribution, processing and services network.
The company's sustainability commitment is demonstrated through several key initiatives. Aperam possesses unique capabilities 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 occurs as 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 to materials production, recycling, and sustainability initiatives positions it as a potential model for industrial transformation in an era demanding greater environmental responsibility.
