financetom
Business
financetom
/
Business
/
U.S. Steel appoints three American board directors after Nippon deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
U.S. Steel appoints three American board directors after Nippon deal
Jul 30, 2025 7:08 AM

(Reuters) -U.S. Steel said on Wednesday it has appointed three American directors to its board, more than a month after Nippon Steel closed its $14.9-billion acquisition of the company.

Its board is now comprised of seven directors, four of whom are U.S. citizens, including three independent U.S. directors.

Nippon had signed a national security agreement with the Trump administration in a bid to get the go-ahead for its acquisition of U.S. Steel.

The agreement gave U.S. President Donald Trump a non-economic golden share and the authority to name a member to the board.

The appointments include former AT&T CEO John Donovan, ex-Lockheed Martin chief Robert Stevens and Timothy Keating, who is currently the top boss at Keating Global.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
USDT Issuer Tether Acquires Stake in Football Club Juventus
USDT Issuer Tether Acquires Stake in Football Club Juventus
Feb 14, 2025
Tether, the cryptocurrency firm behind the $140 billion USDT stablecoin, said on Friday it has invested in Italian football club Juventus FC (JUVE). The firm's investment arm, Tether Investments, acquired a minority stake in the sports club, according to a press release shared with CoinDesk. Juventus FC shares, which are publicly traded on the Italian stock exchange, advanced 2.5% immediately...
Walmart's Q4 Sales Growth to Slow, but Upside Potential Remains, BofA Says
Walmart's Q4 Sales Growth to Slow, but Upside Potential Remains, BofA Says
Feb 14, 2025
10:45 AM EST, 02/14/2025 (MT Newswires) -- Walmart's ( WMT ) fiscal Q4 comparable sales growth will decelerate from the previous quarter but there is a potential for upside based on credit & debit card data from Bloomberg Second Measure, BofA Securities said in an earnings preview of Friday. Walmart's ( WMT ) earnings are scheduled for Feb. 20. The...
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
Feb 14, 2025
(Reuters) - The rise of pig butchering scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams to a record high in 2024, according to blockchain analytics firm Chainalysis. Revenue from pig butchering scams, where perpetrators cultivate relationships with individuals and convince them to participate in fraudulent schemes, increased nearly 40% in 2024 from the...
Ben & Jerry's says parent Unilever mandating silence on Trump
Ben & Jerry's says parent Unilever mandating silence on Trump
Feb 14, 2025
NEW YORK, Feb 14 (Reuters) - Ben & Jerry's ( UL ) accused its parent Unilever ( UL ) of demanding its silence toward U.S. President Donald Trump, as it prepares to spin off the ice cream brand later this year. In a Thursday night filing in Manhattan federal court, Ben & Jerry's ( UL ) said Unilever ( UL...
Copyright 2023-2026 - www.financetom.com All Rights Reserved