Today, US Steel President and CEO David B. Burritt announced two changes to the company’s executive team. Duane Holloway will be joining the company to serve as Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary. Richard L. Fruehauf, who has been serving as Interim General Counsel and Chief Compliance Officer, will become Vice President of Strategic Planning and Corporate Development. Holloway and Fruehauf will report to Burritt.
Holloway will have executive responsibility for all legal and compliance matters at the company and serve as Corporate Secretary. Of Holloway, Burritt said, "Duane joins us with a proven track record of leadership excellence while working for some of the world’s most recognizable brands. His approach to corporate law is grounded in collaboration and a belief that in-house counsel should safeguard the company’s interests while also working within the law to develop solutions that address critical business priorities. Throughout his career, he has developed and executed sound legal, governance, and compliance strategies that enabled his previous companies to successfully navigate challenging legal issues. These experiences and perspectives, coupled with extensive prior involvement in corporate transformation initiatives, make Duane a great fit for this critical role.”
Before joining US Steel, Holloway served as Executive Vice President and General Counsel for Ascena Retail Group, where he integrated multiple legal teams into one group and led the company’s litigation management process and integrated transformation program. Holloway also served as Vice President and Deputy General Counsel for CoreLogic, Inc., and Senior Vice President and Chief Counsel, Operations and Litigation for Caesars Entertainment Corporation. He received his Bachelor of Arts degree in psychology from the University of Virginia. He is also a graduate of the University of Pennsylvania School of Law.
Fruehauf will be responsible for the following functions that are important to the next phase of the company’s transformation: Strategic Planning and Business Development, Innovation, Governmental Affairs, Environmental Affairs and Sustainability and Corporate Communications. “Rich has been a valuable contributor since joining our company,” Burritt said. “His background and broad legal experience have contributed to several important financial and strategic projects, as well as to the enhancement of our environmental compliance and sustainability programs. He has been an important advisor to me while serving as Interim General Counsel during the last four months, and I look forward to working with him in this new, challenging and important capacity.”