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U. S. Steel’s Matthews to Step Down Early Next Year

During the course of his career, Matthews, who serves as senior vice president – chief commercial and technology officer, tubular and mining solutions, has held responsibility for a variety of operational and commercial activities throughout U. S. Steel, the company said. 

“Doug Matthews has played an essential role in revitalizing U. S. Steel and helping us realize our ‘best of both’ integrated and mini-mill strategy,” said U. S. Steel president and chief executive David Burritt. “We are grateful for his leadership, having given 33 years of dedicated and loyal service to U. S. Steel, and countless contributions to the company’s success.”

Matthews began his U. S. Steel career in 1988 at the Edgar Thomson Plant, just outside of Pittsburgh, Pa., USA. He rose through the ranks and was promoted to vice president and general director of the former U. S. Steel Serbia in 2006. In 2007, he was named president and general manager of U. S. Steel Canada.

About two years later, he became the president of U. S. Steel’s tubular products business, and in 2013 was named senior vice president – North American flat-rolled operations. 

Matthews will be succeeded by Kenneth Jaycox, an executive from multi-national food distributor and food services provider Sysco Corp. 

U. S. Steel said Jaycox will hold the title of senior vice president and chief commercial officer. He’ll have responsibility for all aspects of U. S. Steel’s North American flat-rolled commercial activities with a focus on customer satisfaction, innovation, new business and market share growth.

“We are building a more customer-focused company with our ‘best of both’ strategy, and now it’s time to take it to the next level with Ken at the lead,” Burritt said. “With his deep commercial, operating and transformation experience, he brings new insights to accelerate our capabilities. Ken has a unique skill set with diverse non-metal background, where customer-centric, focused differentiation was critical. He will help us realize our ambition as the innovative, material solutions leader for our customers.”

At Sysco, Jaycox has held roles in transformation, sales development and support, and revenue management for the approximately US$50 billion business, U. S. Steel said. Most recently, he led the corporation’s business transformation, along with local and national sales strategy, as vice president, transformation, optimizing sales solutions and creating substantial value, U. S. Steel added.