Tata Steel names Kirby Adams as Corus CEO; Nerukar appointed ED

Kirby Adams will take over as the new chief executive officer (CEO) of Corus, the European subsidiary of Tata Steel. The company also approved the appointment of H M Nerukar as executive director on its board.

Adams is the former chief executive of BlueScope Steel, Australia while Nerukar is currently the chief operating officer of Tata Steel.

Both the appointments would be effective from 9 April.

The decision was taken by the board of directors of  Tata Steel, which met to adopt the company's consolidated third quarter results.

Nerukar will be executive director, India and South East Asia, and Adams will be additional director who would take charge as the CEO of Corus on 2 March.

Adams will replace Philippe Varin, the current CEO of Corus and Tata Steel Europe, who will step down on 6 April. Nerukar will report to B Muthuraman, managing director of Tata Steel Ltd, who will, in addition, be responsible for the group corporate function.