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While CEO of United States Steel in 2008, John P. Surma earned a total compensation of $ 11,130,689, which included a base salary of $ 1,218,336, a cash bonus of $ 3,250,000, stocks granted of $ 4,174,028, options granted of $ 2,233,336, and other compensation of $ 254,989.
128:, another subsidiary. When U. S. Steel and Marathon separated at the end of 2001, he stayed with U. S. Steel as vice chairman and chief financial officer. He became president of U. S. Steel in March 2003, and chairman of the board as of February 2006.
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In 2009, he requested a 20% salary reduction and more than 60% reduction in his compensation package citing the difficult business environment. From June 6, 2008, to May 31, 2013, with Surma at the helm, US Steel's stock value plummeted by 89%.
113:’s Executive Exchange Program in Washington, D.C., where he worked with the Federal Reserve Board. He was appointed by Obama to serve as the vice chairman of the President's Advisory Committee for Trade Policy and Negotiations
159:
executive Karen Peetz, but he has continued to serve on the board. Surma served as a director of BNY Mellon until April 2012. In 2011 his reported compensation as a director of BNY Mellon was $ 216,575.
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of United States Steel on August 31, 2013. He continued to serve as executive chairman of the board of directors until
December 31, 2013, when he retired from the company and the board.
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155:. Surma became chairman of the Penn State Board of Trustees three days later when Chairman Steve Garban resigned his position. In January 2012 he relinquished the position to
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Board of
Directors, succeeding Jeff Woodbury. Surma had been on the board since 2011. He retired from that position in 2017, being succeeded by
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89:. Surma retired as CEO of U.S. Steel effective September 1, 2013, and Chairman effective January 1, 2014, positions he held since 2004.
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220:“John P. Surma Jr. – President and Chief Executive Officer” United States Steel Corporation biography 2005
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Mas, Renate F. (4 October 2006) "U. S. Steel's Surma tapped by IISI board to succeed Dolle as chairman"
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Guzzo, Maria (30 November 2005) "USS' Surma will add chairman's post as Usher opts for early out"
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437:"U. S. Steel President Mario Longhi To Become CEO; John P. Surma Becomes Executive Chairman"
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Surma received the
American Iron and Steel Institute's Elbert Gary Medal in 2006.
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Robertson, Scott (11 May 2006) "U.S. Steel's Surma awarded AISI's Gary Medal"
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Boselovic, Len (30 November 2005) "U.S. Steel's CEO Surma to Become
Chairman"
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256:(18 February 2002) "U.S. Steel Corporation (Interview with John P. Surma)"
109:, in 1987, he was admitted as a partner. In 1983 Surma was picked for
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Staff (2004) "Surma assumes USS CEO post, Usher remains chairman"
124:, a subsidiary of Marathon, and in 2001 he became president of
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In
September 2015, John Surma assumed the chairmanship of the
500:"NSC Board of Directors welcomes new chairman, eight members"
455:"NSC Board of Directors welcomes John Surma as new chairman"
81:(born May 25, 1954) is an American businessman. He was the
413:. United States Steel. September 1, 2013. Archived from
559:"Strip, Findlay considered for U.S. Steel headquarters"
478:"US Steel's Surma joins National Safety Council board"
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American chief executives of manufacturing companies
147:, Surma informed longtime Penn State football coach
346:"Ex-chairman of Penn State board of trustees quits"
143:. As the vice chairman of the Board of Trustees of
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533:US Steel CEO's 2009 pay dives as he rejects awards
131:Among his current posts Surma is chairman of the
210:with a share estimated in 2012 of $ 2 million.
139:and a member of the board of directors of the
243:Staff (30 January 1997) "People on the Move"
8:
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545:US Steel's Terrible Financial Performance
521:2008 CEO Compensation for John P. Surma
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465:from the original on 18 November 2019.
443:from the original on 18 November 2019.
133:International Iron and Steel Institute
488:from the original on 4 December 2011.
141:National Association of Manufacturers
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322:Van Natta, Jr., Don (4 April 2012).
510:from the original on 21 June 2018.
476:Gough, Paul J. (31 October 2011).
153:Penn State child sex abuse scandal
14:
557:Belko, Mark (11 September 2012).
202:Surma is a minority owner of the
137:American Iron and Steel Institute
623:Smeal College of Business alumni
583:List of chief executive officers
344:Rubinkam, Michael (2012-07-19).
271:Metal Producing & Processing
16:American businessman (born 1954)
87:United States Steel Corporation
83:executive chairman of the board
628:Businesspeople from Pittsburgh
439:. U.S. Steel. 16 August 2013.
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145:Pennsylvania State University
103:Pennsylvania State University
105:, following which he joined
61:Retired Chairman and CEO of
157:The Bank of New York Mellon
101:in accounting in 1976 from
36:1954 (age 69–70)
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633:Pittsburgh Penguins owners
618:Baptists from Pennsylvania
258:The Wall Street Transcript
126:Marathon Ashland Petroleum
482:Pittsburgh Business Times
116:In 1997 he was hired at
40:Pittsburgh, Pennsylvania
411:"Executive Biographies"
297:Pittsburgh Post-Gazette
245:Pittsburgh Post-Gazette
175:National Safety Council
168:chief executive officer
135:, vice chairman of the
310:American Metal Market
208:National Hockey League
506:. 25 September 2017.
461:. 28 September 2015.
398:American Metal Market
378:on September 29, 2012
284:American Metal Market
122:Speedway SuperAmerica
52:Penn State University
352:on November 18, 2019
204:Pittsburgh Penguins
198:Pittsburgh Penguins
97:Surma received his
638:U.S. Steel people
588:Executive officer
417:on March 15, 2014
260:155.7: pp.182–186
166:Surma retired as
99:bachelor's degree
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562:. Retrieved
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603:1954 births
564:11 February
535:, yahoo.com
149:Joe Paterno
72:Becky Surma
597:Categories
382:26 January
356:26 January
329:26 January
273:42.6: p.11
231:References
63:U.S. Steel
93:Biography
577:See also
508:Archived
486:Archived
463:Archived
441:Archived
372:"Forbes"
222:at the
206:of the
69:Spouse
42:, U.S.
214:Notes
566:2013
423:2013
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358:2013
331:2013
29:Born
85:of
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