Richard Fruehauf Biography and Net Worth

Richard L. Fruehauf serves as Senior Vice President – Strategic Planning and Chief Strategy and Development Officer of the Company. Mr. Fruehauf was named vice president – strategic planning and corporate development in April 2018 and advanced to senior vice president in March 2019. In this role, he is responsible for creating and driving U. S. Steel’s strategy to achieve profitable growth, with a focus on safety, quality, delivery, and cost to achieve three critical success factors: move up the talent curve, move down the cost curve and win in attractive markets. He also has responsibility for developing policy and methods that will support U. S. Steel’s future by aligning business and organizational opportunities. Mr. Fruehauf has executive responsibility for the following organizations: Strategic Planning and Business Development, Innovation, Governmental Affairs, Environmental Affairs and Sustainability, and Corporate Communications. Mr. Fruehauf joined U. S. Steel in September 2014 as assistant general counsel – commercial, with management responsibility for a team of attorneys that provided M&A, real estate and commercial legal advice to the company. In July 2015, he was promoted to associate general counsel – corporate, adding management responsibility for intellectual property and other transactional legal matters, before being named deputy general counsel – corporate in January 2017. Mr. Fruehauf was appointed interim general counsel and chief compliance officer in December 2017, during which time he assumed day-to-day responsibility for all of the company’s legal, environmental and compliance matters.