Steel Mills
David Burritt Promoted to Chief Operating Officer at US Steel
Written by Sandy Williams
March 1, 2017
US Steel Corporation has promoted David B. Burritt to president and chief operating officer effective February 28, 2017. Mario Longhi, who served as president and chief executive officer, will continue as CEO and as a member of the board of directors. Longhi’s focus will be on the company’s strategic vision.
Burritt will have executive responsibility for all aspects of the company’s day to day business in the U.S. and Europe. He will continue to serve as CFO until that position has been filled.
Burritt joined US Steel as executive vice president and chief financial officer joined the company in September 2013. During his tenure he assumed increasing responsibility for commercial activities, plant operations and strategic planning. Prior to coming to US Steel, Burritt served for 32 years as chief financial officer with Caterpillar.
The appointment of Burritt to chief operating officer will be the first time the company has had a COO since Mario Longhi was promoted from the position in June 2013.
(Source: US Steel)
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
USS confirms split CFIUS decision on Nippon deal; it’s now up to Biden
Nippon Steel's purchase of U.S. Steel could lead to lower steel output domestically, and that presents “a national security risk," the Washington Post reported.
USS/Nippon deal: Who will have the happiest holidays?
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.