U. S. Steel Announces Executive Appointments in Corporate Risk Management and Finance Organizations

United States Steel Corporation X today announced two executive appointments in its corporate risk management and finance organizations that are effective today. Larry T. Brockway, who currently serves as vice president and treasurer, has been appointed senior vice president and chief risk officer. Brockway will report to U. S. Steel Chairman and Chief Executive Officer John P. Surma. John J. Quaid, who serves as controller – North American flat-rolled operations, has been elected to succeed Brockway as vice president and treasurer. Quaid will report to U. S. Steel Executive Vice President and Chief Financial Officer Gretchen R. Haggerty. Both Brockway and Quaid will continue to be based at the company's Pittsburgh headquarters. In the newly created role of senior vice president and chief risk officer, Brockway will be responsible for expanding the company's already comprehensive financial and business risk management practices to establish a more integrated, systematic and enterprise-wide approach to the assessment, analysis and monitoring of business risks and opportunities and the identification of strategies for managing risk. Quaid will assume executive responsibility for all of the company's treasury functions, which include cash and banking, credit and collections, corporate finance and corporate insurance.