WEIRTON STEEL CORPORATION
PRESS RELEASE
May 10, 1995--
TWO NEW DIRECTORS PROPOSED FOR WEIRTON STEEL BOARD
Weirton, W.Va., May 10, 1995--The Board of Directors of
Weirton Steel Corporation has announced the nomination of two
candidates for election to the Company's Board to replace Directors
Harvey L. Sperry and Gordon C. Hurlbert, neither of whom are
standing for reelection.
Robert S. Reitman is nominated for a three-year term
commencing May 25, 1995. He is Chairman, President and Chief
Executive Officer of The Tranzonic Companies, Pepper Pike, Ohio.
A native of Fairmont, WV, Mr. Reitman received a B.S. degree
in Accounting from West Virginia University in 1955 and law degree
from Case Western Reserve University, Cleveland, in 1958.
After ten years with the Cleveland law firm of Burke, Haber
and Berick, where he was a partner, he joined The Tranzonic
Companies (formerly the AAV Companies) in 1968 as Executive Vice
President and Vice Chairman. He has served in his current position
since 1982. The multi-divisional firm makes products for personal
hygiene, the care and storage of clothing and industrial packaging.
It also distributes industrial wiping textiles.
Mr. Reitman has been, and is an active leader in a number of
business, professional, religious and civic organizations. He
currently is a director of Society National Bank, Cleveland.
Shareholders are also being asked to approve the election of
Richard R. Burt for a term beginning in April 1996. Mr. Burt is a
former Ambassador to the Federal Republic of Germany, and currently
is Chairman of International Equity Partners, LLP, headquartered in
Washington, D.C.
Mr. Burt cannot commence serving as a director until this
later date because he was a partner in McKinsey & Company, a
consultant to Weirton Steel until March 31, 1994.
Mr. Burt, born in Chile, is a 1969 graduate of Cornell
University. He became Chairman of the recently formed
International Equity Partners in 1994. The firm focuses on
investment banking, project development and consulting in emerging
markets including India, China, Russia and Eastern Europe.
Mr. Burt also serves as a senior advisor to the Center for
Strategic and International Studies in Washington and is co-
director of the G-7 Council, a non-profit research group focused on
enhancing cooperation among the major world economies.
Before leaving government in 1991, he served as Chief
Negotiator in the Strategic Arms Reduction Talks (START) with the
former Soviet Union. He was confirmed by the U.S. Senate with the
rank of Ambassador.
While he was U.S. Ambassador to the Federal Republic of
Germany from 1985 to 1989, Ambassador Burt headed the largest U.S.
Mission in Europe and dealt with a series of complex political,
economic and military issues.
Mr. Sperry and Mr. Hurlbert were initial members of the
Weirton Steel Board following the creation of the Company in 1984.
