U. S. Steel's Suzanne Rich Folsom Named Legal Momentum 2015 Aiming High Woman Of Excellence Honoree
Award recognizes the best-in-class General Counsel, Chief Compliance Officer and Sr. VP
NEW YORK, May 6, 2015 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced that Suzanne Rich Folsom, general counsel, chief compliance officer and senior vice president – government affairs, has been named an honoree at Legal Momentum's 2015 Aiming High Awards. Folsom was honored as a woman of excellence for her proven success in building best-in-class corporate governance and compliance programs. She is joined by fellow honorees from Ally Financial, MasterCard and Houghton Mifflin Harcourt.
"We are fortunate to have Suzanne as part of our executive team as her leadership has been instrumental in our company's ongoing transformation," said Mario Longhi, president and chief executive officer. "She has established a diverse, high-performing team that has worked diligently to implement best-in-class legal and compliance programs into our global business processes."
While at U. S. Steel, Folsom has worked to build a high-performing legal, regulatory and compliance department that is helping the company navigate in a complex global marketplace. As the company's first female general counsel, she has also placed an increased emphasis on diversity by implementing a holistic approach to hiring – evaluating candidates not only for racial and gender diversity, but for diversity of backgrounds, experiences and perspectives. The U. S. Steel legal department was recently honored by The Legal Intelligencer as the best in-house legal department in Pennsylvania in the areas of General Excellence and Diversity, the only company to receive multiple honors.
"Suzanne Folsom richly deserves this special honor. It is a testament to the commitment she has demonstrated throughout her career to empower and enable women and girls to realize their professional opportunities and achieve excellence in the workplace. I applaud Suzanne for always aiming high and helping others to advance along with her," said Patricia Diaz Dennis, retired senior vice president and assistant general counsel at AT&T and member of the U. S. Steel board of directors.
Throughout her career, Folsom worked in multiple organizations to transform their legal and compliance programs into the gold standard for their respective industries, while also championing diversity to further enhance organizational success. Both she, and the legal and compliance programs she has led, have been recognized by The Legal Intelligencer, Corporate Secretary Magazine, Inside Counsel Magazine, Ethisphere Institute and the Washington Metropolitan Area Association of Corporate Counsel for their contributions and innovation in the area of corporate governance and in-house legal matters.
United States Steel Corporation, headquartered in Pittsburgh, Pa., is a leading integrated steel producer and Fortune 200 company with major production operations in the United States and Central Europe and an annual raw steelmaking capability of 24.4 million net tons. The company manufactures a wide range of value-added steel sheet and tubular products for the automotive, appliance, container, industrial machinery, construction, and oil and gas industries. For more information about U. S. Steel, please visit www.ussteel.com.
Legal Momentum and The Women's Legal Defense and Education Fund's mission it to ensure economic and personal security for all women and girls. The Aiming High Awards are presented to successful, influential women in the business community who also serve as role models for other women and girls.
SOURCE United States Steel Corporation
For further information: Media - Courtney Boone, (412) 433-6791, Sarah Cassella, (412) 433-6777