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Alicia J. Davis Elected to U. S. Steel Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
United States Steel Corporation (NYSE: X) announced the election of Alicia J. Davis to its Board of Directors, effective March 1, 2023. Ms. Davis serves as Chief Strategy Officer at Lear Corporation, where she leads corporate strategy and drives acquisitions and investment initiatives. She has held various senior roles at Lear and previously worked in academia and at major law and investment firms. With a strong educational background, including degrees from Yale Law School and Harvard Business School, her experience is expected to enhance U. S. Steel's strategic direction and innovation in the steel industry.
Positive
Alicia J. Davis brings extensive experience in corporate strategy and development.
Her background in both academia and industry may provide valuable insights for U. S. Steel.
Negative
Potential continuity concerns as new board members may require time to acclimate to company operations.
Experience gaps in the steel industry as her previous roles are primarily in the automotive sector.
PITTSBURGH--(BUSINESS WIRE)--
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that Alicia J. Davis has been elected to the Company’s Board of Directors, effective March 1, 2023.
Alicia J. Davis (Photo: Business Wire)
Ms. Davis is Chief Strategy Officer at Lear Corporation, a global automotive supplier of seating and electrical distribution and electronic systems. In this role, Ms. Davis leads the Corporate Strategy group, which helps develop and drive Lear’s global strategy and executes value-enhancing acquisitions, divestitures and strategic investments. From 2018 to 2021, Ms. Davis progressed through a variety of positions at Lear, including Senior Vice President, Strategy and Corporate Development, Senior Vice President, Corporate Development and Investor Relations, and Vice President of Investor Relations.
Before joining Lear Corporation, Ms. Davis was on the faculty at the University of Michigan Law School, where she served as a tenured professor, a position she still holds via dry appointment, and the Associate Dean for Strategic Initiatives. She also served as an Associate and later Of Counsel at Kirkland & Ellis LLP, Vice President at Raymond James & Associates, and an Analyst at Goldman Sachs.
Ms. Davis received a bachelor’s degree in business administration from Florida A&M University, a Juris Doctor from Yale Law School, and an MBA from Harvard Business School.
Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3® advanced high-strength steel. The Company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. 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.
Arista Joyner Manager
Financial Communications T – (412) 433-3994
E – aejoyner@uss.com
Kevin Lewis Vice President
Finance
T – (412) 433-6935
E – klewis@uss.com
Source: United States Steel Corporation
FAQ
Who is Alicia J. Davis and what position has she been elected to at United States Steel Corporation?
Alicia J. Davis has been elected to the Board of Directors of United States Steel Corporation effective March 1, 2023.
What is Alicia J. Davis's background before joining United States Steel Corporation?
Before joining U. S. Steel, Alicia J. Davis was the Chief Strategy Officer at Lear Corporation and held various senior positions in strategy and development.
What impact might Alicia J. Davis's election have on United States Steel Corporation?
Her extensive experience in corporate strategy could enhance U. S. Steel's strategic direction and innovation efforts.
