Schwab, Charles Michael (1862-1939), was a founder and president of both the United States Steel Corporation and the Bethlehem Steel Corporation. He started as an engineer’s stake driver with the Carnegie Company. He rose rapidly, and became the first president of U.S. Steel in 1901. Resigning in 1903, he took control of Bethlehem Steel Corporation and directed its growth in shipbuilding, munitions, and allied fields (see Bethlehem Steel Corporation ). He was president of the American Iron and Steel Institute. Schwab was born in Williamsburg, Pennsylvania, on Feb. 18, 1862. He died on Sept. 18, 1939.
