John P Surma Net Worth is6.4 $Million
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Birth Place: Pittsburgh, Pennsylvania, U.S.
Alma Mater: Penn State University
Occupation: CEO, United States Steel Corporation
Spouse: Becky Surma
John P. Surma (1954 in Pittsburgh a?? ) is the chief executive officer and chairman of the board of United States Steel Corporation.
Surma received his Bachelor's degree in accounting in 1976 from Pennsylvania State University, following which he joined Price Waterhouse, in 1987, he was admitted as a partner. In 1983 Surma was picked for Ronald Reagana??s Executive Exchange Program in Washington, D.C., where he worked with the Federal Reserve Board.
In 1997 he was hired at Marathon Oil, then a subsidiary of U. S. Steel, as the senior vice president for finance & accounting. In 1998, he became president of Speedway SuperAmerica, a subsidiary of Marathon, and in 2001 he became president of Marathon Ashland Petroleum, another subsidiary. When U. S. Steel and Marathon separated at the end of 2001, he stayed with U. S. Steel as vice chairman and chief financial officer. He became president of U. S. Steel in March 2003, and chairman of the board as of February 2006.
Among his current posts Surma is chairman of the International Iron and Steel Institute, vice chairman of the American Iron and Steel Institute, a member of the board of directors of the National Association of Manufacturers, and the vice chairman of the Board of Trustees of Pennsylvania State University. It was Surma's responsibility to publicly announce, on November 9, 2011, that the Board of Trustees had fired longtime Penn State football coach Joe Paterno and University President Graham Spanier over the Jerry Sandusky sex abuse scandal.
Surma is involved with education and community development in Pittsburgh.
Surma became an honorary member of the National Society of Black Engineers (NSBE) in 2006.[citation needed]
Surma received the American Iron and Steel Institute's Elbert Gary Medal in 2006.
While CEO of United States Steel in 2008, John P. Surma earned a total compensation of $11,130,689, which included a base salary of $1,218,336, a cash bonus of $3,250,000, stocks granted of $4,

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John P Surma Latest News

United States Steel's CEO Discusses Q1 2012 Results - Earnings Call Transcript

John P. Surma - Chairman, Chief Executive Officer and Member of Proxy Committee Gretchen Robinson Haggerty - Chief Financial Officer and Executive Vice President Analysts Shneur Z. Gershuni - UBS Investment Bank, Research Division Brett Levy - Jefferies ...
Posted: April 23, 2012, 7:00 pm

Paterno's ouster comes by telephone

"I would hope everyone who cares about Penn State . . . would agree that what we are doing is what we believe, in our best judgment, is in the best long-term interest of the university, which is much larger than the athletic program," said John P.
Posted: November 10, 2011, 5:40 am

U.S. Steel to close Canadian plant, Gary coke facilities to cut costs

The loss was the sixth in the past eight quarters. Longhi replaced longtime CEO John P. Surma on Sept. 1 and is challenged with turning around the nation's second-largest steelmaker, whose earnings and stock price have been in a slump. U.S. Steel has lost ...
Posted: October 29, 2013, 9:09 am
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