U.S. Steel General Counsel, Chief Compliance Officer and Senior Vice President of Government Affairs Suzanne Rich Folsom is leaving the company.
Folsom, who started at U.S. Steel in 2014, will resign as of Dec. 29.
“Suzanne played a pivotal role in driving the success of the company’s efforts to combat illegally subsidized and dumped steel products that are being imported into the United States,” President and CEO David Burritt said. “Her tireless leadership in this arena benefitted the company, the domestic steel industry, and highlighted the threat that unfair trade represents to manufacturing across the United States. We respect Suzanne’s decision and are grateful for her many achievements serving the company."
Among her many duties, Folsom led the company's government affairs initiatives at a crucial time when U.S. Steel was fighting a record glut of cheap imports, pushing for more tariffs and tougher restrictions on illegally dumped steel. She also negotiated the collective bargaining agreement with the United Steelworkers Union in 2015 and worked with executives to implement the Carnegie Way cuts.
“I want to thank my U.S. Steel colleagues for the opportunity to play a role in the transformation of this great company, one that is such a historic part of the manufacturing industry in our country, and for the chance to help write the next chapter in its storied history,” Folsom said. “I am proud of all that my team accomplished over the last four years — and I thank them for their dedication and support.”
U.S. Steel Deputy General Counsel Richard Fruehauf is filling in while the company searches for a permanent replacement.