He was the CEO of the European steel manufacturer Arcelor until 2006.
He was ousted as CEO following Arcelor's merger with Mittal Steel, at the end of a protracted takeover contest.Dolle had opposed the takeover, preferring a hastily drawn up plan to merge with Russian company Severstal, praising the owner as a "true European." He described Mittal's products as low-grade eau de cologne compared with perfumes produced by Arcelor.
He had also described Mittal's shares as "monkey money", interpreted by many as a racist attack on Mittal.In an article entitled "Arcelor's Chief Is Ousted From Mittal Partnership", the NY Times wrote that it was announced that Arcelor Mittal would be replacing him with a new chief executive.
Mr.
Dollé, who sat silently in the front row, hastily left the news conference refusing to answer questions.