United States Steel Management
Management criteria checks 3/4
United States Steel's CEO is Dave Burritt, appointed in Feb 2017, has a tenure of 7.75 years. total yearly compensation is $16.73M, comprised of 8.4% salary and 91.6% bonuses, including company stock and options. directly owns 0.45% of the company’s shares, worth €37.35M. The average tenure of the management team and the board of directors is 3.7 years and 6.5 years respectively.
Key information
Dave Burritt
Chief executive officer
US$16.7m
Total compensation
| CEO salary percentage | 8.4% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.7yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$393m |
| Jun 30 2024 | n/a | n/a | US$573m |
| Mar 31 2024 | n/a | n/a | US$867m |
| Dec 31 2023 | US$17m | US$1m | US$895m |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$2b |
| Dec 31 2022 | US$19m | US$1m | US$3b |
| Sep 30 2022 | n/a | n/a | US$3b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$5b |
| Dec 31 2021 | US$19m | US$1m | US$4b |
| Sep 30 2021 | n/a | n/a | US$3b |
| Jun 30 2021 | n/a | n/a | US$918m |
| Mar 31 2021 | n/a | n/a | -US$683m |
| Dec 31 2020 | US$9m | US$1m | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$2b |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | -US$1b |
| Dec 31 2019 | US$13m | US$1m | -US$630m |
| Sep 30 2019 | n/a | n/a | US$630m |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$12m | US$1m | US$1b |
| Sep 30 2018 | n/a | n/a | US$682m |
| Jun 30 2018 | n/a | n/a | US$538m |
| Mar 31 2018 | n/a | n/a | US$585m |
| Dec 31 2017 | US$5m | US$930k | US$387m |
Compensation vs Market: Dave's total compensation ($USD16.73M) is above average for companies of similar size in the German market ($USD3.63M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Burritt (69 yo)
7.8yrs
Tenure
US$16,733,927
Compensation
Mr. David Boyd Burritt, also known as Dave, is Independent Director of Lockheed Martin Corporation from April 2008. He joined the Lockheed Martin Corporation in April 2008. He is President, CEO & Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$16.73m | 0.45% € 37.4m | |
| Senior VP & CFO | 2.3yrs | US$8.69m | 0.021% € 1.7m | |
| Senior VP | 6.6yrs | US$3.65m | 0.060% € 5.0m | |
| Senior VP & Chief Manufacturing Officer - North American Flat- Rolled Segment | 7.4yrs | US$4.20m | 0.064% € 5.2m | |
| Senior VP of Business Development & President of USSK | 9.9yrs | US$5.17m | 0.040% € 3.3m | |
| VP, Controller & Chief Accounting Officer | 4.7yrs | no data | 0.014% € 1.1m | |
| Senior VP of Sustainability & CTO | 1.9yrs | no data | no data | |
| Senior VP & Chief Communications Officer | 2.5yrs | no data | no data | |
| VP & Chief Human Resources Officer | 1.9yrs | no data | no data | |
| Managing Director of Manufacturing Excellence | 13.8yrs | no data | no data | |
| Senior VP of Advanced Technology Steelmaking & COO of Big River Steel Works | 2.8yrs | no data | 0.046% € 3.8m | |
| Senior Vice President of Raw Materials & Sustainable Resources | 1.9yrs | no data | no data |
3.7yrs
Average Tenure
54yo
Average Age
Experienced Management: USX1's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.5yrs | US$16.73m | 0.45% € 37.4m | |
| Independent Director | 5.6yrs | US$320.06k | 0.0026% € 217.7k | |
| Independent Director | 13.6yrs | US$320.04k | 0.00089% € 73.4k | |
| Independent Director | 12.3yrs | US$320.04k | 0.068% € 5.6m | |
| Independent Director | 2.8yrs | US$310.00k | 0.0077% € 634.8k | |
| Independent Chairman of the Board | 16.8yrs | US$450.03k | 0.0054% € 442.7k | |
| Independent Director | 5.3yrs | US$300.01k | 0.0011% € 91.5k | |
| Independent Director | 8.7yrs | US$300.01k | 0.0034% € 284.4k | |
| Independent Director | 4.3yrs | US$300.01k | 0.0011% € 90.7k | |
| Independent Director | 17.6yrs | US$300.01k | 0.00074% € 61.0k | |
| Independent Director | 1.8yrs | US$431.24k | 0.00089% € 73.4k | |
| Independent Director | 4.6yrs | US$300.01k | no data |
6.5yrs
Average Tenure
66yo
Average Age
Experienced Board: USX1's board of directors are considered experienced (6.5 years average tenure).