US Steel today announced that David B. Burritt, who currently serves as executive vice president and chief financial officer, has been elected president and chief operating officer. Mario Longhi, who has served as president and chief executive officer since September 2013, will remain US Steel's CEO and continue to serve on the Board of Directors. The changes are effective today.
In a statement, the company said Burritt will have executive responsibility for all aspects of the company's day-to-day business in the United States and Central Europe. He will continue to serve as CFO while the company undertakes a search to fill that role. Since joining the company in September 2013 as executive vice president and chief financial officer, the statement said, Burritt has assumed increasing responsibility for commercial activities, plant operations and strategic planning.
Longhi will focus his time on the company's strategic vision, “which is critical given the increasingly competitive nature of the global steel industry,” according to the company release.