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Nucor Executive Chairman Announces Retirement
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2014-01-06

The Executive Chairman Daniel R. DiMicco of U.S. steel products supplier Nucor announced his retirement on December 31st, 2013, which has become effective since January 1st, 2014. DiMicco took the position of the company when U.S. steel industry was showing a decline during the period of time. Under his leadership, the return growth for all Nucor stockholders reached 720%, which was 4 times of the performance of other S&P Steel Group and 28 times of the total return growth for the other S&P companies. In order to appreciate what DiMicco has contributed to the company during his tenure as a CEO, Chairman, and Executive Chairman, the Board of Directors of Nucor has decided to bestow an honorary Chairman Emeritus to DiMicco and the new Chairman position of the Board of Directors will be taken over by the previous CEO and President John J. Ferriola.

 
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