Photo of Suzanne Rich Folsom

Suzanne Rich Folsom

Non-Executive Board Member & Retired General Counsel

Professional Bio

Suzanne Rich Folsom currently serves as Senior Vice President and General Counsel, at Philip Morris International (and a key leader of the company’s continuing proactive transformation and progress toward a better, smoke-free future), a Fortune 100 company. She was previously the General Counsel, Chief Compliance Officer, and SVP-Government Affairs, at United States Steel Corporation. While there, she played a key leadership role in reinvigorating U.S. Steel’s business growth and was responsible for legal, regulatory and compliance, the corporate secretary function, environmental affairs, labor relations, security, aircraft, trade, global public policy, and joint ventures worldwide. Throughout her career, she has been a change agent and catalyst for organizational growth at multiple companies and organizations.

Ms. Folsom's deep expertise in business strategy, enterprise risk management, mergers and acquisitions, trade, labor, and global public policy has enabled her to consistently deliver positive and measurable results to the corporate bottom line. Her leadership experience includes executive compensation and succession planning, CEO and Board transitions, and the deft handling of shareholder activists. She is a unique lawyer-leader with direct P&L experience, responsibility and operational accountability. Ms. Folsom has been recognized by The National Law Journal as one of the Top 50 General Counsels, and as a Cyber Trailblazer for her strategic leadership in the aftermath of a serious cyber breach and the bold partnership with the USG to combat this significant threat. Her commitment to, and significant development of, diversity in the workplace directly translates into the top performing and diverse teams for the she has been recognized.
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