Sundar PichaiSundar Pichai earned $164M in 2023

David B. Burritt is the President and CEO of United States Steel Corporation, a role he has held since May 2017. He initially joined U.S. Steel in 2013 as Chief Financial Officer, bringing his extensive experience from Caterpillar Inc., where...

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David B. Burritt

CEO of United States Steel

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Basic Materials

Born

January 1, 1956 - 69 years ago

CEO of United States Steel for

8 years 1 month (Feb 2017 - Present)

Previous Experience

Chief Financial Officer and Vice President of Global Finance and Strategic Services for Caterpillar Inc.

Holdings

See how much did David B. Burritt make over time.

David B. Burritt's insider trading activity has seen impressive fluctuations, particularly during 2021 and 2022. In 2021, he reported transactions that ranged from $7.65 million to $35.08 million in sales each month. His trading peaked in December 2022 with $55.15...

Mar 18, 2025

Total Stock Sold

$32.78M

X

$32.78M

795,745 X shares

What if they kept their stock?

If David B. Burritt didn't sell their stock, today they would have:
Extra X795,745 shares worth $5.42M.
This is -83.47% and $27.36M less than what they got when they sold the stock.

Charitable Transactions

X

425,796 shares

X

Recent Charitable Transactions

X

38,822 shares

X

Jun 5, 2023

Charity

X

11,270 shares

X

Mar 29, 2022

Charity

X

112,723 shares

X

Dec 31, 2021

Charity

X

262,981 shares

X

Dec 31, 2020

Charity

Insider Trading

See recent insider trades of David B. Burritt.

X

389,373 shares

X

Feb 27, 2024

Received

X

256,212 shares

X

Dec 20, 2023

Received

X

$12.63M

X at $50.01/share

Dec 18, 2023

Sale

X

38,822 shares

X

Jun 5, 2023

Charity

X

310,814 shares

X

Feb 28, 2023

Received

X

$4.86M

X at $37.57/share

Apr 4, 2022

Sale

X

11,270 shares

X

Mar 29, 2022

Charity

X

357,780 shares

X

Feb 22, 2022

Received

X

$1.50M

X at $30.00/share

Aug 18, 2021

Sale

Compensation History

See how much did David B. Burritt make over time.

In 2023, David B. Burritt received a total compensation of about $16.47 million, a mix primarily of salary and other benefits rather than bonuses or stock awards. This reflects his approach of focusing on performance-based incentives over guaranteed bonuses. Over the years, his compensation structure has evolved, aligning with the company's performance metrics, which emphasize long-term growth and stability. His salary for 2023 was around $1.4 million, consistent with previous years while he shifted his focus to other forms of compensation that encourage executive performance and shareholder alignment. The absence of bonuses in recent years indicates his commitment to a pay-for-performance philosophy, especially during turbulent financial climates.

Year

2023

Total Compensation

$1.95M

Salary

$1.40M

Board Justification

The compensation program is designed to attract, reward, and retain executives who contribute to operational and financial achievements aligned with long-term strategy.

Bonus

$0.00

Board Justification

No bonus was reported for 2023.

Other

$549.90K

Board Justification

Includes contributions to the U.S. Steel Savings Plan, non-qualified defined contribution plan accruals, and perquisites.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2023.

Performance Metrics

The performance metrics include EBITDA and Cash Conversion Cycle (CCC) for annual incentives.

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