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While CEO of United States Steel in 2008, John P. Surma earned a total compensation of $11,130,689, which included a base salary of $1,218,336, a cash bonus of $3,250,000, stocks granted of $4,174,028, options granted of $2,233,336, and other compensation of $254,989.
The United States Steel Corporation is an American steel company based in Pittsburgh, Pennsylvania, with production facilities in the U.S. and Central Europe.. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy.
The strike also eventually ended McDonald's tenure as president of the Steelworkers. Eager to avoid a repetition of the 1959 strike, McDonald worked with steel industry executives to widen the mandate of the new nine-member commissions (now known as "Human Relations Committees"). A three-year national steel contract was signed on March 31, 1962.
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 ...
Usher's tenure at U.S. Steel was also noted for his positive relations with the labor unions. [9] [10] He also led the charge to impose the 2002 United States steel tariff in order to protect domestic U.S. steel production, [11] [12] including testifying before the U.S. government's U.S.-China Economics and Security Review Commission. [13]
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