8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549 

FORM 8-K 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): September 21, 2020  

United States Steel Corporation

(Exact Name of Registrant as Specified in Charter) 

Delaware	1-16811	25-1897152
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

600 Grant Street,

Pittsburgh, PA 15219-2800

(Address of Principal Executive Offices, and Zip Code)

(412) 433-1121

Registrant’s Telephone Number, Including Area Code

(Former Name or Former Address, if Changed Since Last Report) 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company	☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	X	New York Stock Exchange
Common Stock	X	Chicago Stock Exchange

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 21, 2020, Douglas R. Matthews informed United States Steel Corporation (the “Corporation”) of his intention to retire. Mr. Matthews currently serves as the Corporation’s Senior Vice President – Chief Commercial & Technology Officer, Tubular and Mining Solutions. While the effective date of Mr. Matthews’ retirement has not yet been determined, it is expected in January 2021. Mr. Matthews’ role as Chief Commercial Officer will be transitioned to a newly-hired member of the executive team, effective September 28, 2020.

Item 8.01 Other Events

On September 25, 2020, the Corporation issued a press release announcing Mr. Matthews’ intention to retire. A copy of the press release is furnished as Exhibit 99.1 hereto.

9.01    Financial Statements and Exhibits

(d) Exhibits

Number	Description
99.1	Press Release.
104	Cover page interactive data file (embedded within the inline XBRL document exhibit 101).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UNITED STATES STEEL CORPORATION

By	/s/ Manpreet S. Grewal
	Manpreet S. Grewal
	Vice President, Controller & Chief Accounting Officer

Dated: September 25, 2020

EX-99

NEWS RELEASE CONTACTS: Meghan Cox Manager, External Communications T – (412) 433-6777 E –mmcox@uss.com FOR IMMEDIATE RELEASE U. S. STEEL SENIOR VICE PRESIDENT – CHIEF COMMERCIAL & TECHNOLOGY OFFICER, TUBULAR AND MINING SOLUTIONS DOUGLAS R. MATTHEWS TO RETIRE AFTER 33 YEARS OF SERVICE PITTSBURGH, September 25, 2020- United States Steel Corporation (NYSE: X) today announced that Douglas R. Matthews, Senior Vice President – Chief Commercial & Technology Officer, Tubular and Mining Solutions has informed the company of his intention to retire in January 2021, after 33 years of service with the company. “Doug Matthews has played an essential role in revitalizing U. S. Steel and helping us realize our best of both strategy,” said U. S. Steel President and Chief Executive Officer David B. Burritt. “During his career, Doug has held responsibility for operational and commercial activities in most aspects of our business. We are grateful for his leadership, having given 33 years of dedicated and loyal service to U. S. Steel, and countless contributions to the company’s success.” “As executive sponsor of our LEAD employee resource group, Doug has been a leading advocate for inclusion and diversity at U. S. Steel. That’s why we are establishing the United States Steel Douglas R. Matthews Educational Equity Scholarship at his alma mater, Pennsylvania State University, in appreciation for his many contributions to the company. We hope this will help the next generation to develop into leaders of his caliber.” Doug Matthews began his career with U. S. Steel in 1988 at the Edgar Thomson Plant, Mon Valley Works’ steelmaking facility near Pittsburgh, Pa. He progressed through increasingly responsible ©2020 U. S. Steel. All Rights Reserved www.ussteel.com

NEWS RELEASE management responsibilities in the operations of the company, leading to his appointment as Vice President and General Director of the former U. S. Steel Serbia, d.o.o. in 2006. In 2007, he was named President and General Manager of U. S. Steel Canada. Matthews was elected vice president – tubular operations and president – U. S. Steel Tubular Products in 2009. In 2013, he assumed the role of senior vice president – North American flat-rolled operations, where he oversaw all flat-rolled operations including mining, sales, marketing, and supply chain functions. In 2016, he was named senior vice president – Industrial, Service Center and Mining Solutions. Matthews assumed his current role in January 2020. -oOo- 2020-034 Founded in 1901, the United States Steel Corporation is a Fortune 250 company and leading integrated steel producer. With extensive iron ore production and an annual raw steelmaking capability of 22 million net tons, U. S. Steel produces high value-added steel products for the automotive, infrastructure, appliance, container, and energy industries. The company’s “best of both” integrated and mini-mill technology strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With renewed emphasis on innovation and customer focus, the company produces cutting-edge products such as U. S. Steel’s proprietary XG3™ advanced high-strength steel. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com. Source: United States Steel Corporation ©2020 U. S. Steel. All Rights Reserved www.ussteel.com

XML

Cover	Sep. 21, 2020
Entity Information [Line Items]
Document Type	8-K
Document Period End Date	Sep. 21, 2020
Entity Registrant Name	United States Steel Corp
Entity Central Index Key	0001163302
Amendment Flag	false
Entity Incorporation, State or Country Code	DE
Entity File Number	1-16811
Entity Tax Identification Number	25-1897152
Entity Address, Address Line One	600 Grant Street
Entity Address, City or Town	Pittsburgh
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15219-2800
City Area Code	412
Local Phone Number	433-1121
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
New York Stock Exchange
Entity Information [Line Items]
Title of 12(b) Security	Common Stock
Trading Symbol	X
Security Exchange Name	NYSE
Chicago Stock Exchange
Entity Information [Line Items]
Title of 12(b) Security	Common Stock
Trading Symbol	X
Security Exchange Name	CHX