CHARLOTTE, N.C., April 17, 2018 /PRNewswire/ -- Nucor Corporation
(NYSE: NUE) announced today that Executive Vice President of Raw
Materials, James R. Darsey, plans to
retire on June 9, 2018 after more
than 39 years of service with Nucor.
Mr. Darsey began his career with Nucor in 1979 as Design
Engineer at Vulcraft-Texas. He was promoted to Engineering
Manager of Vulcraft-Utah in 1986 and served in the same role at
Vulcraft-Texas from 1987 to 1995. Mr. Darsey was promoted to
General Manager of Vulcraft-Texas in 1995 and later served as
General Manager of Nucor Steel-Texas from 1999 to 2007. He
was elected Vice President of Nucor in 1996 and became President of
the Vulcraft/Verco Group in 2007. Mr. Darsey was promoted to
Executive Vice President of Bar Products in 2010. He later
served as EVP of Merchant and Rebar Products and most recently as
EVP of Raw Materials.
Effective June 10, 2018,
Craig A. Feldman will be promoted to
Executive Vice President of Raw Materials. Mr. Feldman began
his career as a Brokerage Representative for The David J. Joseph
Company (DJJ) in 1986 and then served as District Manager of DJJ's
Salt Lake City brokerage office.
In 1996, Mr. Feldman became Commercial Vice President at
DJJ's subsidiary, Western Metals Recycling (WMR), and then served
as President of WMR until 2004. Mr. Feldman served on the
operational staff of DJJ's then-owner in The Netherlands from 2005 until his 2007
appointment as DJJ's Executive Vice President, Recycling
Operations. Mr. Feldman was promoted to President of DJJ in
2013 and became a Vice President and General Manager of Nucor
Corporation when DJJ was acquired by Nucor in 2008. Upon his
promotion to EVP, Mr. Feldman will retain his role as President of
DJJ.
John Ferriola, Nucor's Chairman,
CEO and President, commented, "Jim has been an exceptional leader
throughout his career with Nucor over the past four decades.
He has made outstanding contributions to Nucor's strong record of
profitable growth and to our company's unique culture.
During Jim's tenure, he has been extremely successful in
leading both the steel mill and downstream products sides of our
business, and, most recently, the raw materials segment.
Jim's retirement and Craig's promotion are the product of the
thoughtful and orderly succession planning that has been a top
strategic initiative throughout the Nucor organization in recent
years. Craig is a proven Nucor leader whose 32 years of
experience with DJJ have positioned him well to take on this new
responsibility and allow for a smooth transition.
"On behalf of the Nucor family, I want to thank Jim for his
leadership and commitment to making Nucor a better company.
His advice, counsel and support have been key to the success of the
entire Nucor team. We wish Jim a long and happy
retirement."
Nucor and its affiliates are manufacturers of steel products,
with operating facilities primarily in the U.S. and Canada. Products produced include: carbon and
alloy steel -- in bars, beams, sheet and plate; hollow structural
section tubing; electrical conduit; steel piling; steel joists and
joist girders; steel deck; fabricated concrete reinforcing steel;
cold finished steel; steel fasteners; metal building systems; steel
grating; and wire and wire mesh. Nucor, through The David J. Joseph
Company, also brokers ferrous and nonferrous metals, pig iron and
HBI/DRI; supplies ferro-alloys; and processes ferrous and
nonferrous scrap. Nucor is North
America's largest recycler.
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SOURCE Nucor Corporation