Larry Schultz has exhibited extraordinary commitment to our company and the accounting profession during his distinguished 35-year career, said Surma. As corporate controller and chief compliance officer for our company, Larry maintained a tradition of strong financial reporting and internal accounting controls while performing one of the most challenging jobs at U. S. Steel. He is respected by all who know him for his intellect, his commitment to ethical behavior and his selfless dedication in service to our company.

Schultz was named as comptroller of USX Engineers and Consultants, Inc. in 1987.

Schultz moved to Washington, D.C., in 1988 to work on the president’s commission on executive exchange and returned to U.S. Steel in 1989 as director-analysis and general accounting. He was appointed comptroller of U.S. Steel in 1992 and vice president-accounting for USX Corporation in 2000.

Schultz was named as vice president-investor relations & financial analysis in January 2002, and in May 2002, he was appointed as vice president & controller. He was named to his current post in June 2008 and is responsible for accounting and compliance activities throughout the company.

Schultz is a member of the Institute of Management Accountants. He also works as chairman of the board of directors of Junior Achievement of Western PA and is on the board of the Pennsylvania Economy League of Southwestern Pennsylvania.

Schultz has earned his bachelor’s degree in mathematics from Ursinus College in Collegeville, Pennsylvania., in 1971; a master’s degree in operations research and statistics from Rensselaer Polytechnic Institute in Troy, NewYork, in 1973; and a master’s degree in business administration from the University of Pittsburgh in 1979.