Features

Fruehauf lands role at robotics, AI firm Carnegie Foundry

Written by Ethan Bernard

October 8, 2024

Richard Fruehauf, formerly of U.S. Steel, has been named chief venture officer of robotics and AI firm Carnegie Foundry.

Fruehauf most recently served as senior vice president and chief strategy and sustainability officer of Pittsburgh-based U.S. Steel.

As previously reported, he left the steelmaker in June.

In his new role, Fruehauf will focus on securing key partnerships and investments to support new ventures.

“Having worked with Carnegie Foundry during my tenure at U.S. Steel, I was deeply impressed by its unique capability to deliver a continuous flow of significant innovations,” Fruehauf said in a statement on Monday.

“I am excited to now play a direct role in helping to bring pioneering IP to market,” he added.

Pittsburgh-based Carnegie Foundry said decarbonization and sustainability are among the key areas the company is targeting for future market entry.

Ethan Bernard

Ethan Bernard is a reporter and editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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