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Surma served as a director of BNY Mellon until April 2012. In 2011 his reported compensation as a director of BNY Mellon was $216,575. [9] Surma received the American Iron and Steel Institute's Elbert Gary Medal in 2006. [10] Surma retired as chief executive officer of United States Steel on August 31, 2013. He continued to serve as executive ...
(Reuters) - Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in the steelmaker, the company said on Monday. On Sunday, the ...
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. The board, which was jointly ...
David Boyd Burritt (born c. 1955) is an American businessman who is CEO of U.S. Steel.Prior to joining U.S. Steel, Burritt spent over three decades at Caterpillar Inc. As head of U.S. Steel, Burritt has overseen the reopening of the Granite City Works steel mill, the acquisition of Big River Steel, investments in sustainable steel production, and the proposed acquisition of U.S. Steel by ...
In 1990, Usher was elected president of U.S. Steel Group and director of USX, which had changed its name from U.S. Steel in 1986, and president and chief operating officer of USX in 1994. [6] He became chairman of the board and chief executive officer effective in 1995, which provided him oversight of USX's oil and energy businesses.
The steelmaker's CEO David Burritt told WSJ the nearly $3 billion Nippon had pledged to invest in U.S. Steel's older mills was crucial to remain competitive and maintain workers' jobs. "We wouldn ...
At the time, US Steel was a highly profitable and workers felt their wages should be increased. Intense bargaining ensued, and federal officials, including John Snyder the Reconversion Director and Charles Bowles from the Price Administration, attempted to broker an agreement by freezing steel prices at $2.40 a ton in the hopes of taming inflation.
The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15 billion deal to buy the American steelmaker. President Joe ...