Sudhakar Sivaji appointed CEO of Aperam, succeeding Tim Di Maulo
The ceo of stainless steel producer Aperam, Timoteo Di Maulo, is retiring after more than a decade at the helm.
The board of directors has appointed Sudhakar Sivaji, currently Aperam’s cfo, as ceo, with the transition taking effect from 1 January 2026, Kallanish notes from a company statement.
Sud Sivaji, who joined Aperam as cfo in 2020, brings nearly 25 years of industry experience in steel, alloys, and the aerospace sector. He has previously worked at Thyssenkrupp’s Steel and Materials Services businesses in leadership roles across Europe, the US, China, and Brazil.
Di Maulo will remain a member of the board of directors and as strategic advisor on European public affairs. Under his leadership, Aperam diversified its business and strengthened its circular model.
He established a four-segment structure, placed carbon reduction and recycling at the core of strategy, and reinforced trade defence and commercial excellence.
“Tim has been an outstanding leader, guiding Aperam through a period of profound transformation. He has built a stronger, more diversified, and more sustainable company, well prepared for future challenges,” says Lakshmi Mittal in a note.
Looking ahead Aperam aims to strengthen what is calls value leadership. Each division will concentrate on competitiveness and growth, as the company intends to reinforce its supply chain and implement major investments in Brazil, France, US, and across Europe.
Nicolas Changeur, ceo of service and solutions and cmo for Aperam Stainless Europe, has been appointed chief financial officer.
Natalia Capra France
