PITTSBURGH, Oct. 08, 2019 (GLOBE NEWSWIRE) -- United States Steel Corporation (NYSE: X) announced today that Kevin Bradley has informed the company of his intention to resign from his position as Chief Financial Officer of U. S. Steel effective Nov. 4. Bradley will remain with the company as Executive Vice President and Adviser to the CEO through year-end to focus on financing activities, including the Big River Steel investment announced on Oct. 1, and supporting the transition to his internal successor, Christine (Christie) Breves, currently Senior Vice President, Manufacturing Support and Chief Supply Chain Officer.
“Kevin has served U. S. Steel well as CFO, contributing to the transformation of the company, including last week’s announcement of our investment in Big River Steel. Kevin’s leadership improved the company’s balance sheet and enabled the company’s transformation to a world competitive ‘best of both’ integrated and mini mill technology company. Kevin has also enhanced several other key components of our financial capabilities with an emphasis on Financial Planning & Analysis. Kevin has demonstrated unwavering support of the company and an absolute commitment to the highest financial and professional integrity. I have appreciated Kevin’s dedication to the company and thank him for his key contributions to help create a stronger, more successful future for U. S. Steel,” said David B. Burritt, President and Chief Executive Officer.
Bradley commented, "I am grateful for the opportunity to have served as CFO of U. S. Steel during this time of unprecedented change. It has been a pleasure to be a leader in this historic company and work with an incredible leadership team. I look forward to supporting the successful transition of the CFO role to Christie.”
Effective Nov. 4, Breves, will lead all aspects of the company's financial responsibilities, including internal and external reporting, credit, tax, treasury services, investor relations, pension responsibilities, internal controls and internal audit administrative oversight.
Breves joined U. S. Steel in 2013 to oversee the enhancement and execution of the company’s global procurement and sourcing strategy. Since then, Breves has assumed responsibility for the company’s logistics services organization; Transtar, U. S. Steel’s short-line railroad subsidiary; sales and operations planning (S&OP); information technology; commercial support; engineering; corporate quality; and leadership of U. S. Steel’s asset revitalization and reliability centered maintenance programs. Prior to joining U. S. Steel, Breves spent fourteen years at Alcoa, culminating with her role as Chief Procurement Officer from 2004 through 2012. In this role, Breves led a global transformation of Alcoa’s procurement organization. Prior to Alcoa, Breves held positions in accounting, maintenance, and procurement at Alumax, Inc., an integrated aluminum manufacturer that was acquired by Alcoa in 1998.
Burritt continued, “Christie has been a ‘go to’ leader for U. S. Steel in driving transformation throughout the company. Her accomplishments include developing a world class supply chain function and establishing U. S. Steel as a steel leader in cash conversion cycle. Her depth of operational knowledge, as well as her financial acumen and leadership during times of transition, make her an excellent choice for the CFO role. As we continue to execute our strategy to position U. S. Steel as an industry leader in delivering high-quality, value-added products, we are confident that appointing Breves to this key position will accelerate our progress and ability to deliver long-term value for all of our stakeholders.”
ABOUT U. S. STEEL
U. S. Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 250 company with major operations in the United States and Central Europe. For more information about U. S. Steel, please visit www.ussteel.com.
