US Steel's (X) CEO Compensation Totals $8.3 Million

Depending on how you want to spin it, US Steel's (NYSE:X) CEO John P. Surma was awarded $8.3 million in overall compensation for a company that lost $482 million, or $3.36 a share, for 2010, or he was awarded for boosting company sales by 57 percent.

Surma had his salary cut last summer after the prior year where the company lost $1.4 billion, or $10.42 a share.

The CEO and Chairman of U.S. Steel also received a base salary of $1.13 million in 2010, along with a $458,640 performance-based cash bonus and $188,604 for life insurance, a supplemental savings program, use of corporate aircraft and other perks.

U.S. Steel closed Tuesday at $53.42. falling $0.74, or 1.37 percent.