David Burritt - United States CFO and Executive VP

X Stock  ARS 15,250  200.00  1.33%   

CFO

Mr. David B. Burritt is Chief Financial Officer Executive Vice President of United States Steel Corporation effective September 1 2013. Until June 2010 Burritt 58 served as chief financial officer at Caterpillar Inc. the world manufacturer of construction and mining equipment diesel and natural gas engines industrial gas turbines and dieselelectric locomotives. In his CFO role he was not only the principal financial officer with responsibility for global finance and related services but also had responsibility for strategic support including business risk management business development revenue management business economics competitive analysis and mergers and acquisitions. During more than 32 years with Caterpillar Burritt helped lead several important transformations and employee development initiatives at the company including his role as business measurements manager to support Caterpillar 1990 reorganization into accountable business units as well as his role as corporate champion for the 2001 companywide Six Sigma deployment. More recently he provided leadership that helped Caterpillar effectively navigate the global recession and related recovery. Prior to joining Caterpillar in 1978 Burritt was a staff auditor at Price Waterhouse in the Peoria Ill. office. Burritt currently serves on the board of directors for Lockheed Martin and Global Brass and Copper . He is a certified public accountant and a certified management accountant and a member of the American Institute of Certified Public Accountants and the Institute of Management Accountants. Burritt earned a bachelor degree in accounting in 1977 from Bradley University in Peoria Ill. and received a master degree in business administration from the University of Illinois in Champaign in 1990. He and his wife Lynn will reside in Pittsburgh. since 2013.
Age 68
Tenure 11 years
Phone412 433 1121
Webhttps://www.ussteel.com

United States Management Efficiency

The company has return on total asset (ROA) of 0.1125 % which means that it generated a profit of $0.1125 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.26 %, meaning that it created $0.26 on every $100 dollars invested by stockholders. United States' management efficiency ratios could be used to measure how well United States manages its routine affairs as well as how well it operates its assets and liabilities.
United States Steel currently holds 3.91 B in liabilities with Debt to Equity (D/E) ratio of 0.97, which is about average as compared to similar companies. United States Steel has a current ratio of 1.24, suggesting that it may not have the ability to pay its financial obligations when due. Debt can assist United States until it has trouble settling it off, either with new capital or with free cash flow. So, United States' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like United States Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for United to invest in growth at high rates of return. When we think about United States' use of debt, we should always consider it together with cash and equity.

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United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. United States Steel Corporation was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania. UNITED STATES operates under Steel classification in Argentina and is traded on Buenos-Aires Stock Exchange. It employs 23350 people. United States Steel (X) is traded on Buenos Aires Exchange in Argentina and employs 22,740 people.

Management Performance

United States Steel Leadership Team

Elected by the shareholders, the United States' board of directors comprises two types of representatives: United States inside directors who are chosen from within the company, and outside directors, selected externally and held independent of United. The board's role is to monitor United States' management team and ensure that shareholders' interests are well served. United States' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, United States' outside directors are responsible for providing unbiased perspectives on the board's policies.
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David Burritt, CFO and Executive VP
Manpreet Grewal, Controller VP
Kevin Lewis, VP FPA

United Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is United States a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Additional Information and Resources on Investing in United Stock

When determining whether United States Steel offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United States' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United States Steel Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United States Steel Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in United States Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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Please note, there is a significant difference between United States' value and its price as these two are different measures arrived at by different means. Investors typically determine if United States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.