Steel titan ArcelorMittal (MT) Wednesday said it has appointed Bernard Fontana as chief executive of its stainless steel division, which is currently being considered for a potential spin off.

Fontana was previously head of Human Resources at the world's largest steelmaker and is replacing Jean-Yves Gilet, who has left the company to head up France's Strategic Investment Fund.

Fontana will report to Gonzalo Urquijo, member of the Group Management Board of ArcelorMittal.

Fontana joined Arcelor as senior vice president of Human Resources, Flat Products Europe in 2004. With the merger of ArcelorMittal in 2006, he was appointed executive vice president of the Global Automotive business.

Willie Smit, who was vice president Employee Relations & Benchmarking, will replace Fontana as executive vice president, head of Human Resources and will join the Group's Management Committee.

Smit has been with ArcelorMittal since 2005 and prior to joining he held senior HR positions at leading mining, manufacturing and construction companies. The most recent was as vice president of Human Resources at Siberian-Ural Aluminium Company (SUAL-RS) in Russia.

-By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328; alex.macdonald@dowjones.com
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