Lourenco Goncalves is a Brazilian businessman who currently serves as the Chairman, President, and Chief Executive Officer of Cleveland-Cliffs. He took the position back in August 2014.
As a leader of the metals firm, Lourenco has led and inspired Cleveland-Cliffs to become one of the leading players in the U.S. steel industry. He has taken his company through a major strategic initiative with a complete financial turnaround and growth initiatives.
“[@POTUS] spoke loud and clear that the ownership of the assets should stay with the United States.”
Cleveland-Cliffs CEO Lourenco Goncalves tells @davidfaber why $CLF opposes the deal between Nippon and US Steel. $X pic.twitter.com/siZULeQUg8
— Squawk on the Street (@SquawkStreet) March 20, 2024
Prior to Cleveland-Cliffs, Lourenco worked as the Chairman of the Board, President, and Chief Executive Officer of Metals USA Holdings Corp. for over 10 years. Likewise, he served as the President and CEO of California Steel Industries Inc. for 5 years.
On top of that, Lourenco held positions in operations and sales at the Companhia Siderurgica Nacional, a major steel and mining company in Brazil. Later from October 2011 to April 2014, he served as a board member of Ascometal SAS.
Now, let’s learn about Lourenco Goncalves Wikipedia, wife, married, age, net worth, family, salary, bio, kids, parents, education, and other interesting facts.
Lourenco Goncalves Wikipedia and Family: Age, Parents, Ethnicity, Education
Celso Lourenco Goncalves was born in 1958 in Rio de Janeiro, Brazil. He is now 66 years of age.
Lourenco was raised by his Brazilian parents, Ivany Goncalves and Bernardino Goncalves. His mother, Ivany was an elementary teacher. Moreover, his father, Bernardino is described as an absent person.
Lourenco grew up alongside his younger brother, Sergio Goncalves. Sergio was born in 1960. Sergio started working and earning a salary at the age of 13 by doing menial labor and helping an auto mechanic.
Bright from a young age, Lourenco got all his education with scholarships. He was nine when he began teaching himself chemistry.
While at college, Lourenco worked full-time to pay for his younger brother’s higher education. He even paid for his tuition and both siblings were well supported by their single mother.
Regarding his education, Lourenco earned a Bachelor’s degree in Metallurgical Engineering from the Military Institute of Engineering in Rio de Janeiro. After that, he obtained a Master of Science degree in Metallurgical Engineering from the Federal University of Minas Gerais in Belo Horizonte, Brazil.
With Brazilian nationality, Lourenco has white ethnicity.
Lourenco Goncalves Salary and Net Worth?
As the President, Chairman, and CEO of Cleveland-Cliffs Inc., Lourenco earns an annual salary of $16,066,100. Moreover, his reported net worth as of 2023 is $76.6 million.
“I’m not surprised. We have been in total contact with the administration, so I know what’s going on,” – Cleveland-Cliffs CEO Lourenco Goncalves last weekhttps://t.co/endyIrRdms via @WSJopinion
— Hunter Brown (@HBxb52_Dogwater) March 18, 2024
Lourenco also serves on the Board and is Chairman of the American Iron and Steel Institute. Besides, he is a Distinguished Member and Fellow of the Association for Iron and Steel Technology (AIST).
Working at AIST, Lourenco received the Steelmaker of the Year Award in the year 2021. Moreover, the S&P Global Platts presented him with the CEO/Chairperson of the Year Global Metals Award in 2021.
Who Is Lourenco Goncalves Wife? Meet His Kids
Lourenco is a married man! He has been married to his wife, Rosangela Goncalves for more than 36 years now.
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In fact, Rosangela is Lourenco’s second wife. Previously, he was married to his first wife and the two ended their relationship with a divorce.
Later in 1987, Lourenco and Rosangela walked down the aisle together. They went on to welcome two kids following their nuptials.
Lourenco has a son named Celso Jr. and a daughter named Daniela Goncalves. His son, Celso was appointed Cleveland-Cliff’s chief financial officer in 2021 after serving as treasurer.
