David B.  Burritt net worth and biography

David Burritt Biography and Net Worth

David B. Burritt was appointed President and Chief Executive Officer of United States Steel Corporation in May 2017. At that time, Mr. Burritt was also named to the company’s Board of Directors. He had been elected President and Chief Operating Officer in February 2017 with executive responsibility for all aspects of the company’s day-to-day business in the United States and Central Europe.

Mr. Burritt joined U. S. Steel in September 2013 to serve as Executive Vice President and Chief Financial Officer with responsibility for all aspects of the company’s strategic and financial matters.

Prior to joining U. S. Steel, Mr. Burritt, served as Chief Financial Officer at Caterpillar Inc.

Mr. Burritt was born in St. Louis, Missouri. He earned a bachelor’s degree in accounting in 1977 from Bradley University in Peoria. Mr. Burritt received a master’s degree in business administration from the University of Illinois in Champaign in 1990.

Mr. Burritt serves on the board of directors for Lockheed Martin and the National Safety Council. He also serves on the Executive Committee of the worldsteel Board of Directors and is a member of The Business Council.

What is David B. Burritt's net worth?

The estimated net worth of David B. Burritt is at least $23.70 million as of December 18th, 2023. Mr. Burritt owns 581,609 shares of United States Steel stock worth more than $23,700,567 as of March 28th. This net worth approximation does not reflect any other investments that Mr. Burritt may own. Additionally, Mr. Burritt receives an annual salary of $6,230,000.00 as CEO at United States Steel. Learn More about David B. Burritt's net worth.

How old is David B. Burritt?

Mr. Burritt is currently 69 years old. There are 6 older executives and no younger executives at United States Steel. Learn More on David B. Burritt's age.

What is David B. Burritt's salary?

As the CEO of United States Steel Co., Mr. Burritt earns $6,230,000.00 per year. Learn More on David B. Burritt's salary.

How do I contact David B. Burritt?

The corporate mailing address for Mr. Burritt and other United States Steel executives is 600 GRANT STREET, PITTSBURGH PA, 15219. United States Steel can also be reached via phone at (412) 433-1121 and via email at [email protected]. Learn More on David B. Burritt's contact information.

Has David B. Burritt been buying or selling shares of United States Steel?

David B. Burritt has not been actively trading shares of United States Steel during the last quarter. Most recently, David B. Burritt sold 252,458 shares of the business's stock in a transaction on Monday, December 18th. The shares were sold at an average price of $50.01, for a transaction totalling $12,625,424.58. Following the completion of the sale, the chief executive officer now directly owns 581,609 shares of the company's stock, valued at $29,086,266.09. Learn More on David B. Burritt's trading history.

Who are United States Steel's active insiders?

United States Steel's insider roster includes Tracy Atkinson (Director), Andrea Ayers (Director), Christine Breves (CFO), Daniel Brown (SVP), James Bruno (VP), Scott Buckiso (SVP), David Burritt (CEO), Alicia Davis (Director), Richard Fruehauf (SVP), Manpreet Grewal (CAO), Duane Holloway (SVP), and Kenneth Jaycox (SVP). Learn More on United States Steel's active insiders.

Are insiders buying or selling shares of United States Steel?

During the last twelve months, United States Steel insiders bought shares 1 times. They purchased a total of 1,000 shares worth more than $22,640.00. During the last twelve months, insiders at the basic materials company sold shares 8 times. They sold a total of 369,262 shares worth more than $16,427,476.78. The most recent insider tranaction occured on December, 18th when CEO David B Burritt sold 252,458 shares worth more than $12,625,424.58. Insiders at United States Steel own 1.0% of the company. Learn More about insider trades at United States Steel.

Information on this page was last updated on 12/18/2023.

David B. Burritt Insider Trading History at United States Steel

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/18/2023Sell252,458$50.01$12,625,424.58581,609View SEC Filing Icon  
4/5/2022Sell43,530$38.00$1,654,140.00774,043View SEC Filing Icon  
2/16/2018Sell35,040$43.95$1,540,008.00183,191View SEC Filing Icon  
1/23/2018Sell36,072$39.95$1,441,076.40166,411View SEC Filing Icon  
1/16/2018Sell6,936$39.95$277,093.20179,567View SEC Filing Icon  
11/23/2016Sell51,791$32.56$1,686,314.96135,672View SEC Filing Icon  
2/4/2015Buy40,083$24.90$998,066.70View SEC Filing Icon  
11/10/2014Buy26,489$37.56$994,926.84View SEC Filing Icon  
See Full Table

David B. Burritt Buying and Selling Activity at United States Steel

This chart shows David B Burritt's buying and selling at United States Steel by year and by quarter.

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United States Steel Company Overview

United States Steel logo
United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. This segment serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical steel products. This segment serves customers in the automotive, construction, pipe and tube, sheet converter, electrical, solar industrial equipment, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. It also engages in the real estate business. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania.
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Today's Range

Now: $40.75
Low: $40.56
High: $41.34

50 Day Range

MA: $45.26
Low: $38.25
High: $48.41

2 Week Range

Now: $40.75
Low: $20.40
High: $50.20

Volume

2,508,469 shs

Average Volume

6,402,978 shs

Market Capitalization

$9.16 billion

P/E Ratio

11.61

Dividend Yield

0.49%

Beta

2.02