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 7.17 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 $38.17M. The average tenure of the management team and the board of directors is 4.1 years and 6 years respectively.
Key information
Dave Burritt
Chief executive officer
US$16.7m
Total compensation
| CEO salary percentage | 8.4% |
| CEO tenure | 7.2yrs |
| CEO ownership | 0.5% |
| Management average tenure | 4.1yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
U.S. Steel: Staying Positive
Apr 18United States Steel Offers Investors A Phenomenal Opportunity On Merger Worries
Mar 21US Steel Merger Faces Bipartisan Political Backlash
Mar 13U.S. Steel May Have To Face The Music
Feb 05United States Steel: Excellent Speculative Opportunity, Though Not The Best Investment
Jan 16United States Steel Corporation's (NYSE:X) Price Is Right But Growth Is Lacking After Shares Rocket 45%
Dec 19
United States Steel: Iron Hot As Rumors Of A Buyout Fuel The Flames Of Speculation
Dec 14U.S. Steel: Additional Upside In Store
Dec 08U.S. Steel Is A Buy In Light Of Megatrends, M&A, And Strategic Investments
Nov 02United States Steel: Hold Rating Fueled By High Share Price With Poor Revenue Growth
Oct 02US Steel: Potential Upside From Cleveland-Cliffs Takeover Offer
Aug 29United States Steel: Implications Of The Manufacturing Renaissance
Aug 12An Intrinsic Calculation For United States Steel Corporation (NYSE:X) Suggests It's 39% Undervalued
Aug 10United States Steel: Future Energy Isn't Happening Without Steel
Jul 25United States Steel - The Pullback Is An Opportunity
Jun 20U.S. Steel: Manufacturing Recession Pushes Steel To New Lows
Jun 02We Think United States Steel (NYSE:X) Is Taking Some Risk With Its Debt
May 22United States Steel (NYSE:X) Has Affirmed Its Dividend Of $0.05
May 04A Look At The Fair Value Of United States Steel Corporation (NYSE:X)
Apr 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD8.30M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Burritt (68 yo)
7.2yrs
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 | 7.2yrs | US$16.73m | 0.45% $ 38.2m | |
| Senior VP & CFO | 1.7yrs | US$8.69m | 0.021% $ 1.7m | |
| Senior VP | 6yrs | US$3.65m | 0.060% $ 5.1m | |
| Senior VP & Chief Manufacturing Officer - North American Flat- Rolled Segment | 6.8yrs | US$4.20m | 0.064% $ 5.4m | |
| Senior VP of Global Information Technology & President of USSE | 9.3yrs | US$5.17m | 0.040% $ 3.3m | |
| VP, Controller & Chief Accounting Officer | 4.1yrs | no data | 0.014% $ 1.2m | |
| Senior VP & CTO | 1.3yrs | no data | no data | |
| Director?of?Investor Relations | no data | no data | no data | |
| Senior VP & Chief Communications Officer | 1.9yrs | no data | no data | |
| Managing Director of Manufacturing Excellence | 13.2yrs | no data | no data | |
| Senior VP & Chief Commercial Officer | 3.6yrs | US$6.01m | 0.023% $ 1.9m | |
| Senior VP of Advanced Technology Steelmaking & COO of Big River Steel Works | 2.2yrs | no data | 0.055% $ 4.6m |
4.1yrs
Average Tenure
54yo
Average Age
Experienced Management: X's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.9yrs | US$16.73m | 0.45% $ 38.2m | |
| Independent Director | 5yrs | US$320.06k | 0.0027% $ 222.9k | |
| Independent Director | 13yrs | US$320.04k | 0.00089% $ 74.9k | |
| Independent Director | 11.8yrs | US$320.04k | 0.065% $ 5.5m | |
| Independent Director | 2.2yrs | US$310.00k | 0.0039% $ 326.4k | |
| Independent Chairman of the Board | 16.3yrs | US$450.03k | 0.0054% $ 452.6k | |
| Independent Director | 4.8yrs | US$300.01k | 0.0011% $ 93.4k | |
| Independent Director | 8.1yrs | US$300.01k | 0.0018% $ 151.4k | |
| Independent Director | 3.8yrs | US$300.01k | 0.0011% $ 92.5k | |
| Independent Director | 17yrs | US$300.01k | 0.00074% $ 62.3k | |
| Independent Director | 1.3yrs | US$431.24k | 0.00089% $ 74.9k | |
| Independent Director | 4yrs | US$300.01k | no data |
6.0yrs
Average Tenure
65yo
Average Age
Experienced Board: X's board of directors are considered experienced (6 years average tenure).