PSEG elects Surma to board of directors

The Public Service Enterprise Group elected John Surma to its board of directors this week.

Surma is the former chairman and CEO of U.S. Steel Corp. He served in that position from October 2004 until September 2013, when he retired. Before serving as CEO, he was U.S. Steel’s chief financial officer, chief operating officer, and president.

“John’s vast experience leading one of the nation’s premier corporations, as well as his background in the energy industry, will be a tremendous asset to our board,” PSEG Chairman, President and CEO Ralph Izzo said. “His expertise and integrity will be invaluable as we continue to position PSEG as an innovative, technology-minded industry leader dedicated to helping customers use less energy while ensuring that energy is increasingly cleaner, reliable, and resilient.”

Prior to U.S. Steel, Surma worked for USX Corp., Marathon Ashland Petroleum, Speedway Super America, and the former Price Waterhouse. He has a bachelor’s degree in accounting from Pennsylvania State University.

Currently, Surma serves on the boards of Marathon Petroleum Corp. and its consolidated subsidiary, MPLX. He is also on the boards of Concho Resources and Ingersoll-Rand. He previously served as vice chair of the President’s Advisory Committee for Trade Policy and Negotiations under President Obama. Also, he was chair of the Federal Reserve Bank of Cleveland from 2017 until 2018 and chair of the National Safety Council.