The CEO (Chief Executive Officer) of JSW Steel's US-based arm JSW Steel USA, Mark Bush, has resigned, a statement said today.
His resignation has come ahead of the completion of the steel maker's Baytown plate mill modernisation project in 2023. Mark Bush joined as the CEO of JSW Steel USA in 2020.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Mark Bush has stepped down from his role as Chief Executive Officer (CEO) of JSW Steel USA to pursue other opportunities, the company said in the statement.
Greg Manfredi, current Chief Operating Officer (COO) of JSW Steel USA, will lead the Mingo Junction and the Baytown teams till the appointment of a new CEO, the company said. His role will also include the continued execution of the modernization and upgrades of the plate mill facility at Baytown, US.
In October 2022, JSW Steel USA raised $182 million from two Italian banking institutions to fund the modernisation of its plate mill facility in Baytown. The company commenced the phase II upgrade of its plate mill facility in 2021 and aims to complete the project by 2023.
JSW Steel (USA) owns and operates one of the largest plate mills of America having an installed capacity of more than 1.2 million tonne per annum.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.