Contact: Nancy Gestiehr
412-829-3466
FOR IMMEDIATE RELEASE
Monroeville, Pa., July 17, 2000 - Thomas W. Sterling, 52, has been
elected president and chief executive officer of Transtar, Inc., it was
announced today by its Board of Directors. He succeeds Robert S. Rosati, who is
retiring. The appointment is effective August 1.
Transtar, Inc., is a Monroeville, Pa., holding company which acquired
the transportation companies formerly owned by USX Corporation in 1988. These
transportation facilities include seven railroads, two water carriers and Great
Lakes port facilities. Transtar, Inc. is held by Transtar Holdings, L.P., whose
sole general partner is Blackstone Transportation Company, Inc., and by USX
Corporation.
Sterling, currently vice president-employee relations for the U.S.
Steel Group of USX Corporation, is a graduate of Vanderbilt University with a
bachelor's degree in civil engineering. He earned his law degree from Samford
University's Cumberland School of Law in Birmingham, Ala. and has been admitted
to the bar in Alabama and Pennsylvania.
He began his career with U.S. Steel in 1969 at the firm's Fairfield
(Ala.) Works as a management trainee. He was assigned positions there in the
operating, personnel services and commercial departments until 1975 when he was
transferred to the Pittsburgh headquarters as assistant manager-equal employment
opportunity in the employee relations department.
Sterling progressed through various employee relations positions in
Pittsburgh until August 1984 when he became vice president-labor relations,
steel and related resources. He became vice president-employee relations in July
1986. Since 1995, Sterling had held oversight responsibilities for several of
U.S. Steel's joint ventures, including USS-POSCO Industries and PRO-TEC Coating
Company.
He is a member of the American Iron and Steel Institute and serves on
the board of directors of Life's Work of Western Pennsylvania (formerly the
Vocational Rehabilitation Center) as well as the executive committee of the
Three Rivers Area Labor-Management Committee. He is chairman of the board of
directors of the University of Pittsburgh Medical Center - Braddock and a member
of the board of directors at UPMC-McKeesport. He also serves as executive vice
president-operations of the Greater Pittsburgh Council of the Boy Scouts of
America as well as a member of its board of directors.
Rosati's business career spanned 34 years in the transportation
industry. Prior to his election to president and chief executive officer in
1994, Rosati was vice president-finance and chief financial officer of Transtar
and its subsidiaries, a position he held since the formation of Transtar in
1988. Previous to this, he was associated with the railroad subsidiaries of U.
S. Steel. This railroad experience began in 1965 and included five years as
comptroller of the Bessemer and Lake Erie Railroad preceded by positions as
manager-audit division, manager of marketing and dock superintendent with the
Duluth, Missabe and Iron Range Railway, and superintendent in the transportation
department with the Elgin, Joliet and Eastern Railway. Prior experience was with
the firm of Ernst & Ernst, Pittsburgh, from 1961-65.
Rosati is on the board of directors of the Greater Pittsburgh Council,
Boy Scouts of America, and is a member of the Pennsylvania Institute of
Certified Public Accountants. He graduated from the University of Pittsburgh
with a B.B.A. degree in 1961, and attended the graduate business program at the
University of Minnesota-Duluth, 1976-1979.
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