U. S. Steel announces reitrement of CEO

United States Steel Corporation has announced the retirement of Mario Longhi from the company on June 30, 2017. He stepped down as CEO on May 8, 2017, but he will remain on the board of directors and serve as an employee of the company, providing transitional support, until his retirement. Also, on May 8, 2017, David B. Burritt, currently president and COO, was elected by the board of directors to assume the position of president and CEO as well as become a member of the board.

Longhi began his career at U. S. Steel in 2012 as executive VP and CEO. In 2013, Longhi was promoted to president and CEO and elected to the company’s board of directors. He was brought to the company to launch a wide-ranging business transformation. The effort, known as The Carnegie Way, generated marked cultural and operational improvements.

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