As general counsel, chief compliance officer and senior vice president – government affairs, Suzanne Rich Folsom oversees U. S. Steel's legal, regulatory, compliance, corporate governance, environmental affairs, security, aircraft, and labor and employment matters. Folsom, who joined U. S. Steel in January 2014, is a key member of the executive management team who also spearheads the company's worldwide public policy and government affairs initiatives. In addition, Folsom is responsible for ensuring the profitability of the USS Real Estate division as well as managing the company's joint ventures worldwide.

Folsom is the recipient of multiple awards, both for specific successes and career achievements. In 2015, she was named a recipient of the Aiming High Award – one of only 90 women leaders who have been so honored in the last half century by Legal Momentum and The Women's Legal Defense and Education Fund. She also received the Anastasia D. Kelly Award presented by InsideCounsel during their Transformative Leadership Awards event.