U.S. Steel Elects David Sutherland Non-Executive Chairman

(RTTNews) - United States Steel Corp. (X) said Wednesday that its Board of Directors elected David Sutherland to the position of independent, non-executive chairman effective Jan. 1, 2014, consistent with contemporary corporate governance practices.

As previously announced, executive chairman John Surma will retire on December 31, 2013.

Sutherland, 64, joined the U. S. Steel board in 2008 and serves on the Compensation and Organization Committee and the Corporate Governance and Public Policy Committee. He is the retired president and chief executive officer of the former IPSCO, Inc., a North American steel producer. Sutherland is also a director of GATX Corp. and Imperial Oil, Ltd.