United States Steel CEO David Burritt's 2021 pay jumps 119% to $19M
United States Steel reports 2021 executive compensation
By ExecPay News
Published: March 11, 2022
United States Steel reported fiscal year 2021 executive compensation information on March 11, 2022.
In 2021, five executives at United States Steel received on average a compensation package of $8.6M, a 124% increase compared to previous year.
Average pay of disclosed executives at United States Steel
David B. Burritt, Chief Executive Officer, received $19M in total, which increased by 119% compared to 2020. 56% of Burritt's compensation, or $11M, was in stock awards. Burritt also received $4.5M in non-equity incentive plan, $2M in option awards, $1.3M in salary, as well as $540K in other compensation.
For fiscal year 2021, the median employee pay was $109,369 at United States Steel. Therefore, the ratio of David B. Burritt's pay to the median employee pay was 172 to one.
Christine S. Breves, Chief Financial Officer, received a compensation package of $6.7M, which increased by 134% compared to previous year. 62% of the compensation package, or $4.1M, was in stock awards.
James E. Bruno, Senior Vice President European Solutions & President USSK, earned $6.3M in 2021, a 109% increase compared to previous year.
Kenneth E. Jaycox, Jr, Senior Vice President Chief Commercial Officer, received $6M in 2021.
Duane D. Holloway, General Counsel, earned $5.4M in 2021, a 172% increase compared to previous year.
Related executives
David Burritt
United States Steel
Chief Executive Officer
Christine Breves
United States Steel
Chief Financial Officer
James Bruno
United States Steel
Senior Vice President European Solutions & President USSK
Kenneth Jaycox
United States Steel
Senior Vice President Chief Commercial Officer
Duane Holloway
United States Steel
General Counsel
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Source: SEC filing on March 11, 2022.