David Burritt

David Burritt
Burritt in 2024
Born
David Boyd Burritt

1954 or 1955 (age 70–71)[1]
Alma materBradley University
University of Illinois at Urbana–Champaign
OccupationBusinessman
TitleCEO, U.S. Steel
TermMay 2017-
PredecessorMario Longhi
Board member ofLockheed Martin (since 2008); National Safety Council
SpouseLynn Burritt

David Boyd Burritt (born c. 1955) is an American businessman who is the CEO of U.S. Steel. Prior to joining U.S. Steel, Burritt spent over three decades at Caterpillar Inc. As head of U.S. Steel, Burritt has overseen the reopening of the Granite City Works steel mill, the acquisition of Big River Steel, and investments in sustainable steel production.

Early life

Burritt was born in St. Louis, Missouri. Burritt earned a bachelor's degree in accounting in 1977 from Bradley University and a Master of Business Administration from the University of Illinois at Urbana–Champaign in 1990.[2][3]

Career

Burritt worked for Caterpillar Inc. for 32 years before joining U.S. Steel in 2013. Burritt joined the company as executive vice president and chief financial officer.[3] In February 2017, he became president and chief operating officer. Later the same year, Burritt succeeded Mario Longhi as President & Chief Executive Officer.[4] During his tenure as chief executive officer, Burritt oversaw the reopening of the Granite City Works steel mill, acquisition of Big River Steel, and the Acquisition of U.S. Steel by Nippon Steel.[5][6][7]

Burritt led the deal announced in December 2023 to sell the company to Japan-based Nippon Steel after rejecting a competing bid from U.S.-based Cleveland Cliffs that proposed $35 per share to U.S. Steel shareholders.[8] The deal closed in June 2025.[9]

Board memberships

Burritt is a board member of Lockheed Martin,[10] the National Safety Council,[11] and is an executive committee member of the World Steel Association.[12] Burritt is also a member of The Business Council.[13]

Personal life

Burritt has a wife, Lynn.[14]

References

  1. ^ SEC. "United States Steel Corp 2013 Current Report 8-K". SEC.report. Retrieved 2021-03-02.
  2. ^ "Leadership Detail - www.ussteel.com". www.ussteel.com. Retrieved 2025-05-05.
  3. ^ a b "David Burritt Named CFO at U. S. Steel". www.aist.org. Retrieved 2025-05-05.
  4. ^ DiChristopher, Tom (2017-05-10). "US Steel's CEO steps down as the company's challenges pile up; COO David Burritt takes over the top job". CNBC. Retrieved 2025-05-05.
  5. ^ Jr, Berkeley Lovelace (2018-03-07). "US Steel CEO: We're reopening an idled plant and bringing back 500 jobs due to Trump tariffs". CNBC. Retrieved 2025-05-05.
  6. ^ Avila, Larry (2022-06-02). "$60 million investment by U.S. Steel will add 25 new jobs at Gary Works • Northwest Indiana Business Magazine". Northwest Indiana Business Magazine. Retrieved 2025-05-05.
  7. ^ "U.S. Steel shareholders approve $14.9 billion buyout by Nippon Steel". CNBC. 2024-04-13. Retrieved 2025-05-05.
  8. ^ Lynch, David J.; Stein, Jeff (2024-09-24). "Biden preparing to block Nippon Steel purchase of U.S. Steel". The Washington Post. Retrieved 2024-11-27.
  9. ^ Levy, Mark (2025-06-18). "Nippon Steel finalizes $15B takeover of US Steel after sealing security agreement". ABC News. Archived from the original on 18 June 2025. Retrieved 18 June 2025.
  10. ^ MarketScreener. "Lockheed Martin : Lockheed Martin Nominates David B. Burritt to Board of Directors". www.marketscreener.com. Retrieved 2023-03-22.
  11. ^ "New Members Appointed to NSC Board of Directors - National Safety Council". www.nsc.org. Retrieved 2023-03-22.
  12. ^ "World Steel elects new officers and welcomes new members". worldsteel.org. Retrieved 2023-03-22.
  13. ^ "The Business Council: Member List". The Business Council. Retrieved March 22, 2023.
  14. ^ "David B. Burritt Named Chief Financial Officer at United States Steel Corporation". PR Newswire. August 16, 2013. Retrieved July 30, 2018.