CHARLOTTE, N.C., May 10, 2024
/PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that
Executive Vice President Douglas J.
Jellison plans to retire on June 8,
2024 after more than 33 years of service with Nucor.
Mr. Jellison began his Nucor career in 1990 as Materials Manager
at Nucor Bearing Products and has worked in various positions and
businesses, including several controller and business development
roles. Mr. Jellison served as General Manager of Nucor
Bearing Products; Vice President and General Manager of Nucor Steel
Seattle, Inc.; Vice President and General Manager of Nucor-Yamato
Steel Company; President of Nucor Tubular Products; and President
of Skyline Steel LLC. He was promoted to Executive Vice President
in 2021.
Leon Topalian, Nucor's Chair,
President and Chief Executive Officer commented, "I am incredibly
grateful for Doug's contributions over the last three decades.
Throughout his career, he influenced a broad spectrum of Nucor's
businesses. He successfully led significant facilities, oversaw
international operations, integrated and shaped acquisitions and
spearheaded key enterprise strategies. His unyielding ability to
drive change, overcome challenges and seek out the best outcomes is
unparalleled. Most importantly, he lives Nucor's culture in
developing teammates and making everyone around him better. He is
one of a kind. On behalf of all teammates, I want to thank Doug for
his leadership and wish him a long and happy retirement."
Effective May 12, 2024,
Randy J. Spicer will be promoted to
Executive Vice President. Mr. Spicer began his Nucor career in 2004
as Accounting Supervisor at Nucor Steel Indiana. In 2006, he joined
the start-up team at Nucor Steel Memphis, Inc. as Controller and
subsequently served as Controller and Hot Mill Manager at Nucor
Steel Gallatin LLC. He was promoted to General Manager of Nucor
Tubular Products North in 2020 and elected to Vice President in
2022. He currently serves as President of Nucor Tubular
Products.
"Randy is a talented leader whose 20 years of Nucor experience
help make him well-positioned to take on this challenging role. We
look forward to his contributions to the executive leadership
team," said Mr. Topalian. "Doug's retirement and Randy's promotion
are the product of the robust and thoughtful succession planning
process that has been a top strategic initiative throughout
Nucor."
About Nucor
Nucor and its affiliates are
manufacturers of steel and steel products, with operating
facilities in the United
States, Canada and
Mexico. Products produced include:
carbon and alloy steel — in bars, beams, sheet and plate; hollow
structural section tubing; electrical conduit; steel racking; steel
piling; steel joists and joist girders; steel deck; fabricated
concrete reinforcing steel; cold finished steel; precision
castings; steel fasteners; metal building systems; insulated metal
panels; overhead doors; steel grating; wire and wire mesh; and
utility structures. Nucor, through The David J. Joseph
Company and its affiliates, also brokers ferrous and
nonferrous metals, pig iron and hot briquetted iron / direct
reduced iron; supplies ferro-alloys; and processes ferrous and
nonferrous scrap. Nucor is North
America's largest recycler.
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SOURCE Nucor Corporation