In 2023, David B. Burritt earned $1.95M in total compensation at United States Steel, primarily from $1.40M salary. Most recently acquired 389,373 shares in Feb 2024. Currently holds stock worth $2.80M. Has donated $864.00K in stock to charitable causes. 8+ years at the helm of United States Steel.
Compensation History
Annual executive compensation data for David B. Burritt, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.95M
Salary
$1.40M
Bonus
$0.00
Other
$549.90K
Salary
$1.40MBoard 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
$0.00Board Justification
No bonus was reported for 2023.
Other Compensation
$549.90KBoard Justification
Includes contributions to the U.S. Steel Savings Plan, non-qualified defined contribution plan accruals, and perquisites.
Restricted Stock
Board Justification
No stock grants were vested in 2023.
Performance Metrics
The performance metrics include EBITDA and Cash Conversion Cycle (CCC) for annual incentives.
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 8 months (Feb 2017 - Present)
Previous Experience
Chief Financial Officer and Vice President of Global Finance and Strategic Services for Caterpillar Inc.
Other United States Steel CEOs
Holdings
Track David B. Burritt's stock holdings and portfolio value over time.
Total Stock Sold
$36.61M
$3.01M
19,185 LMT shares
$33.60M
814,005 X shares
What if they kept their stock?
If David B. Burritt didn't sell their stock, today they would have:
Extra LMT19,185 shares worth $8.94M and X814,005 shares worth $0.00.
This is -75.59% and $27.68M less than what they got when they sold the stock.
Charitable Transactions
425,796 shares
X
1,855 shares
LMT
Recent Charitable Transactions
38,822 shares
X
Jun 5, 2023
Charity
11,270 shares
X
Mar 29, 2022
Charity
1,796 shares
LMT
Sep 30, 2021
Charity
112,723 shares
X
Dec 31, 2021
Charity
262,981 shares
X
Dec 31, 2020
Charity
27 shares
LMT
Sep 30, 2019
Charity
Insider Trading
David B. Burritt's recent stock transactions, purchases, and sales filed with the SEC.
389,373 shares
X
Feb 27, 2024
Received
256,212 shares
X
Dec 20, 2023
Received
$12.63M
X at $50.01/share
Dec 18, 2023
Sale
38,822 shares
X
Jun 5, 2023
Charity
310,814 shares
X
Feb 28, 2023
Received
$4.86M
X at $37.57/share
Apr 4, 2022
Sale
11,270 shares
X
Mar 29, 2022
Charity
357,780 shares
X
Feb 22, 2022
Received
$1.50M
X at $30.00/share
Aug 18, 2021
Sale
1,796 shares
LMT
Sep 30, 2021
Charity
Rivals
Compare David B. Burritt with competitor CEOs and industry peers.