John Surma Honored as Outstanding Accounting Alumnus

John P. Surma, Jr. was honored on April 20, 2005 as the Outstanding Accounting Alumnus of the Year at the Beta Alpha Psi Spring banquet where he was also honored with an Honorary Membership in Beta Alpha Psi.

He graduated from Penn State in 1976 with a Bachelor of Science degree in accounting and joined Price Waterhouse LLP. After his promotion to manager in 1981, he served in the Manchester, England, office. In 1985, he was promoted to senior manager, and in 1987 was admitted to the partnership.

Mr. Surma participated in the President's Executive Exchange Program in Washington, D. C., in 1983, where he served as executive staff assistant to the vice chairman of the Federal Reserve Board.

In 1997, Mr. Surma joined Marathon Oil Company as senior vice president, finance and accounting. He was appointed president, Speedway SuperAmerica LLC in 1998, and senior vice president, supply and transportation for Marathon Ashland Petroleum LLC (MAP) in 2000. He was named president of MAP on January 1, 2001.

Effective with the separation from USX Corportion, he became vice chairman and chief financial officer of United States Steel Corporation on January 1, 2002. He was named president in March 2003, and president and chief operating officer in June 2003. He was elected to his current position, president and chief executive officer, in 2004.

Mr. Surma is a member of the board of directors of Mellon Financial Corporation and Calgon Carbon Corporation. He serves as chairman of the American Iron and Steel Institute, and is a member of the board of directors of the National Association of Manufacturers and the International Iron and Steel Institute. Additionally, he is a member of the Board of Directors and the Executive Committee of the Allegheny Conference on Community Development; the University of Pittsburgh Katz Graduate School of Business Board of Visitors; and Penn State University's Smeal College of Business Board of Visitors. He is also a member of the American Institute of Certified Public Accountants.