United States Steel CEO David Burritt's 2018 pay jumps 147% to $12M
United States Steel reports 2018 executive compensation
By ExecPay News
Published: March 15, 2019
United States Steel reported fiscal year 2018 executive compensation information on March 15, 2019.
In 2018, five executives at United States Steel received on average a compensation package of $4.8M, a 53% increase compared to previous year.
Average pay of disclosed executives at United States Steel
David B. Burritt, Chief Executive Officer, received $12M in total, which increased by 147% compared to 2017. 53% of Burritt's compensation, or $6.1M, was in stock awards. Burritt also received $4.3M in non-equity incentive plan, $1M in salary, as well as $219K in other compensation.
For fiscal year 2018, the median employee pay was $73,872 at United States Steel. Therefore, the ratio of David B. Burritt's pay to the median employee pay was 157 to one.
Kevin P. Bradley, Chief Financial Officer, received a compensation package of $4.1M, which increased by 198% compared to previous year. 52% of the compensation package, or $2.1M, was in stock awards.
Douglas R. Matthews, Senior Vice President - Industrial, Service Center and Mining Solutions; Interim Head - Tubular, earned $3.3M in 2018, a 58% increase compared to previous year.
Duane D. Holloway, General Counsel, received $2.5M in 2018.
Scott D. Buckiso, Senior Vice President - Automotive Solutions, earned $2.5M in 2018, a 48% increase compared to previous year.
Related executives
David Burritt
United States Steel
Chief Executive Officer
Kevin Bradley
United States Steel
Chief Financial Officer
Douglas Matthews
United States Steel
Senior Vice President Chief Commercial & Technology Officer, Tubular & Mining Solutions
Duane Holloway
United States Steel
General Counsel
Scott Buckiso
United States Steel
Senior Vice President Chief Manufacturing Officer North American Flat-Rolled
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Source: SEC filing on March 15, 2019.