 |
|
|
|
|
|
|
|
|
|
|
|
Nov. 28, 2012
DiMicco to Step Down as Nucor CEO, Replaced by Ferriola
Dan DiMicco will relinquish the duties of chief executive officer of Nucor Corp. after 12 years in the position. He will be replaced by current president and chief operating officer John Ferriola.
DiMicco, who guided Nucor through one of its most profitable growth periods, will remain as executive chairman of the Charlotte, N.C.-based minimill company. The change will be effective Jan. 1.
"Dan DiMicco has been one of the nation's outstanding CEOs. I believe one of his most remarkable and lasting achievements was his ability to retain and strengthen Nucor's unique culture, even as Nucor's strategy evolved,” says Peter C. Browning, Nucor's lead independent director.
Ferriola joined Nucor in 1992 as manager of maintenance and engineering at the company's Jewett, Texas, bar mill. He has risen steadily through the ranks, serving as general manager of three divisions before becoming an executive vice president in 2002 and chief operating officer of steelmaking operations in 2007.
"I am honored to be given the opportunity to lead the tremendous team we've assembled," Ferriola says. "We have many challenges in front of us, as we continue to work safely and take care of our customers. I am extremely excited about the impressive work being done by our team to significantly grow Nucor's earnings platform well into the future."
"Nucor couldn't be in better hands. I'm very confident in the ability of John and the rest of our management team to take on our current and future challenges and to lead the company's continual growth in the coming years. For the board and me, it has been absolutely critical for the next Nucor CEO to come from within, and nothing brings me greater satisfaction than for John to be CEO going forward," DiMicco says.
|
|
|
|
|
Commentary and analysis on the metals market from Editor Tim Triplett
More...
Subscribe to MCN"s e-newsletter.
More...
|
|
|
 |
| Business Practices and Technologies
|
|
|
 |
|
Business Solutions for Service Centers by experts in their fields.
More...
The Cutting Edge, Cutting and Sawing Equipment, a service center technology supplement to Metal Center News
More...
Systems Designed with Metals in Mind: What Service Centers Should Know About Today's Software Solutions
More...
|
|
|
|
|
All the latest products for the Metal Service Center Industry
More...
TRUMPF TruLaser Improves Bevels, Welds
More...
Behringer Offers High-Production Saw for Pipe, Bar
More...
Miyachi Unitek Offers 5-Axis Fiber Laser
More...
|
|
|
|
|
2012 Directory of Master Distributors
Not Published on This Web site
The Metal Center News Directory of Master Distributors—distributors who sell to other distributors—is an invaluable tool for service centers seeking new sources for special or hard-to-find products. Master distributors play an important role in the marketplace, giving service centers an alternative to buying in mill quantities and helping to remove redundant and excess inventories from the distribution channel.
Print copies are available for $85 U.S. for each copy. Download Order Form.
2013 Directory of Toll Processors
Not Published on This Web site
Metal Center News' annual toll processing directory is a simple-to-use resource to help companies locate service providers that can meet their specific processing needs.
Print copies are available for $85 U.S. for each copy. Download Order Form.
|
|
|
|
|
|
|
|
|
|
|
|