U.S. Steel completes acquisition by Nippon Steel; board and officers reconstituted

UNITED STATES STEEL CORP

Transaction closed on June 18, 2025; U.S. Steel becomes a subsidiary of Nippon Steel North America.
All prior directors removed; new board initially includes Hiroshi Ono, Takahiro Mori, Naoki Sato, David B. Burritt.
David B. Burritt appointed President & CEO; other officers include James Bruno, Scott Buckiso, Daniel Brown, Kevin Lewis.
National Security Agreement grants U.S. government a 'Golden Share' with veto rights over governance and trade matters.
NSA requires regulatory approvals for issuance of Class G Preferred Stock to U.S. government.

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