Aug. 19, 2015
Obituary: John Correnti
John Correnti, the CEO and chairman of Big River Steel and a steel industry innovator for decades, died suddenly in Chicago on Aug. 18 at age 68.
Mr. Correnti began his career in 1969 with U.S. Steel and served as president and CEO of Nucor Corp. in the 1990s. He later led mill projects in the South as the chief executive of SeverCorr, LLC, from 2005-08 and Steel Development Co., LLC, from 2008-12.
As the driving force behind numerous greenfield steel mill projects, and an early adopter of new steelmaking technologies, John’s efforts led to the creation of thousands of high-paying jobs, an accomplishment that gave him great pride, said his colleagues at Big River Steel.
Correnti founded Big River Steel in 2013 with a group of strategic and financial investors. The $1.3 billion flat-roll flex mill, under construction in Osceola, Ark., will continue to be managed by its operating committee. “Construction of the mill is on target and on schedule, and everyone on the Big River team remains committed to the summer 2016 completion, exactly as we know John would want it,” said a company spokesperson.
“Mr. Correnti was a visionary and dynamic leader and the driving force of Big River Steel. Over the last 40 years, he has played a major role in shaping and innovating the North American steel industry. Our industry will miss him,” said Philip K. Bell, president of the Steel Manufacturers Association in Washington.