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 7.83 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 $30.75M. The average tenure of the management team and the board of directors is 3.8 years and 6.6 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 | 3.8yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
United States Steel's Plunge Represents A Great Buying Opportunity
Dec 03United States Steel: Revenue Headwinds, Political Risk Make Shares Overvalued
Sep 25United States Steel: Buying With Both Hands As Shares Plunge
Sep 04Is United States Steel (NYSE:X) A Risky Investment?
Jul 22
U.S. Steel: Focus On Falling Steel Prices Instead Of The Most Likely Dead Buyout
Jun 17Benign Growth For United States Steel Corporation (NYSE:X) Underpins Its Share Price
May 31U.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: 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 29CEO 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 US market ($USD8.04M).
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% $ 30.7m | |
| Senior VP & CFO | 2.3yrs | US$8.69m | 0.021% $ 1.4m | |
| Senior VP | 6.7yrs | US$3.65m | 0.060% $ 4.1m | |
| Senior VP & Chief Manufacturing Officer - North American Flat- Rolled Segment | 7.5yrs | US$4.20m | 0.064% $ 4.3m | |
| Senior VP of Business Development & President of USSK | 10yrs | US$5.17m | 0.040% $ 2.7m | |
| VP, Controller & Chief Accounting Officer | 4.8yrs | no data | 0.014% $ 937.9k | |
| Senior VP of Sustainability & CTO | 2yrs | no data | no data | |
| Senior VP & Chief Communications Officer | 2.6yrs | no data | no data | |
| VP & Chief Human Resources Officer | 2yrs | 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% $ 3.1m | |
| Senior Vice President of Raw Materials & Sustainable Resources | 2yrs | no data | no data |
3.8yrs
Average Tenure
54yo
Average Age
Experienced Management: X's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.6yrs | US$16.73m | 0.45% $ 30.7m | |
| Independent Director | 5.7yrs | US$320.06k | 0.0026% $ 179.2k | |
| Independent Director | 13.7yrs | US$320.04k | 0.00089% $ 60.4k | |
| Independent Director | 12.4yrs | US$320.04k | 0.068% $ 4.6m | |
| Independent Director | 2.8yrs | US$310.00k | 0.0077% $ 522.6k | |
| Independent Chairman of the Board | 16.9yrs | US$450.03k | 0.0054% $ 364.4k | |
| Independent Director | 5.4yrs | US$300.01k | 0.0011% $ 75.3k | |
| Independent Director | 8.8yrs | US$300.01k | 0.0034% $ 234.1k | |
| Independent Director | 4.4yrs | US$300.01k | 0.0011% $ 74.7k | |
| Independent Director | 17.7yrs | US$300.01k | 0.00074% $ 50.2k | |
| Independent Director | 1.9yrs | US$431.24k | 0.00089% $ 60.4k | |
| Independent Director | 4.7yrs | US$300.01k | no data |
6.6yrs
Average Tenure
66yo
Average Age
Experienced Board: X's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
United States Steel Corporation is covered by 41 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| David Gagliano | Barclays |
| Paretosh Misra | Berenberg |