Timoteo Di Maulo

Timoteo Di Maulo is the CEO of Aperam, a global stainless, electrical, and specialty steel producer that was spun off from ArcelorMittal in 2011. Aperam operates production facilities in Belgium, France, and Brazil, and is distinctive for its focus on sustainability — over 80% of its steel is produced from recycled scrap using electric arc furnaces, making it one of the lowest-carbon steel producers globally. The company produces flat and long stainless steel products, electrical steel for transformers, and specialty alloys. Di Maulo has led Aperam through multiple steel industry cycles, maintaining a disciplined focus on operational efficiency, product mix optimization, and sustainability leadership. Aperam's Brazilian operations provide a natural cost advantage through lower energy costs and access to charcoal-based iron production. The electrical steel business is positioned to benefit from grid expansion and transformer demand driven by the energy transition and data center buildout. His key decisions involve managing the cyclical stainless steel market (pricing, inventory, and production levels), growing the higher-margin electrical and specialty steel segments, executing sustainability initiatives, and capital allocation between growth investment and shareholder returns.