7 day forecast
U.S. Steel names ex-Alcoa exec Longhi chief operating officer
Share with others:
U.S. Steel today named longtime steel industry executive Mario Longhi chief operating officer.
Mr. Longhi, 58, will be responsible for U.S. Steel's sheet mills in North America, its plant in Slovakia and the tubular business. He will report to Chairman and chief executive officer John P. Surma.
A native of Brazil, Mr. Longhi was previously president and CEO of Tampa-based Gerdau Long Steel North America, a unit of Brazilian steel producer Gerdau. Prior to his six years at Gerdau, he worked at Alcoa for 23 years.
In a statement released by U.S. Steel, Mr. Surma described Mr. Longhi as "a seasoned strategic leader of operationally intensive, international metals businesses."
The announcement was made before Wall Street opened. At 10:30 a.m., U.S. Steel shares were priced at $20.42, down 18 cents.
First Published July 2, 2012 10:54 am
