SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 1, 2010
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
|1915 Rexford Road, Charlotte, North Carolina||28211|
(Address of principal executive offices)
Registrants telephone number, including area code: (704) 366-7000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|¨||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|¨||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|¨||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|¨||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 1, 2010, Nucor Corporation (the Corporation) announced that D. Michael Parrish will retire from his position as Executive Vice President of Bar Products of the Corporation, effective August 31, 2010. Mr. Parrish, age 57, joined the Corporation in 1975 and has been an Executive Vice President since 1998. His decision to retire is not a result of any disagreement with the Corporation or its management.
James R. Darsey will be promoted to Executive Vice President of Bar Products upon Mr. Parrishs retirement. He began his career with the Corporation in 1979 and was promoted to the position of President of the Corporations Vulcraft/Verco Group in 2007.
A copy of the news release announcing the events described above is attached as Exhibit 99.1 and is incorporated in this report by reference.
|Item 9.01||Financial Statements and Exhibits|
Exhibit 99.1 News Release of Nucor Corporation dated July 1, 2010
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
|James D. Frias|
Chief Financial Officer, Treasurer and
Executive Vice President
Dated: July 6, 2010
INDEX TO EXHIBITS
|Exhibit 99.1||News Release of Nucor Corporation dated July 1, 2010|
NUCOR EXECUTIVE VICE PRESIDENT MIKE PARRISH TO RETIRE; JAMES R. DARSEY TO BE PROMOTED
CHARLOTTE, NORTH CAROLINA, JULY 1, 2010 - Nucor Corporation (NYSE: NUE) Executive Vice President of Bar Products D. Michael Parrish announced today his plans to retire at the end of August after 35 years of service with Nucor. Mr. Parrish began his career as an engineer in Saint Joe, Indiana at Vulcraft in 1975; served as Engineering Manager of Vulcraft, Brigham City, Utah from 1981 to 1986; Production Manager of Vulcraft, Fort Payne, Alabama from 1986 to 1989; General Manager of Vulcraft, Brigham City, Utah from 1989 to 1991; General Manager of Nucor Steel, Jewett, Texas from 1991 to 1995; and General Manager of Nucor Steel, Hickman, Arkansas from 1995 to 1998. He was promoted to Vice President in 1990 and to Executive Vice President in 1998.
Effective September 1, 2010, James R. Darsey will be promoted to Executive Vice President of Bar Products. Mr. Darsey began his Nucor career in 1979 as a Design Engineer at Vulcraft in Grapeland, Texas. He then served as Engineering Manager of Vulcraft, Brigham City, Utah from 1986 to 1987; Engineering Manager of Vulcraft, Grapeland, Texas from 1987 to 1995; General Manager of Vulcraft, Grapeland, Texas from 1995 to 1999; and General Manager of Nucor Steel, Jewett, Texas from 1999 to 2007. He was promoted to Vice President in 1996 and to President of Vulcraft/Verco Group in 2007.
Dan DiMicco, Nucors Chairman, President and CEO, commented: Mike Parrish has been an exceptional leader throughout his 35-year career with Nucor. He has made outstanding contributions to both Nucors strong record of profitable growth and our companys unique culture. Under Mikes leadership, our Bar Mill Group more than doubled in size to a current finished steel shipment capacity exceeding 9 million tons annually. With his teams very successful work in optimizing existing operations and completing strategic acquisitions, the growth in the earnings power of our bar products business has been even greater. Mikes retirement and Jim Darseys promotion result from the thoughtful and orderly succession planning that has been a top strategic initiative throughout the Nucor organization in recent years as we position our company for continued profitable growth. Jim Darsey is a proven Nucor leader. He has a strong record of success in managing both the steel mill and downstream products sides of our business. Jim and his team are well-prepared to continue building long-term profitable growth at Nucors bar products business.
All of us at Nucor are thankful for Mikes great leadership and everyone joins me in wishing Mike and his wife Chris all the best as they enjoy the well-deserved fruits of their career at Nucor .. God Bless.
Nucor and 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; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; light gauge steel framing; steel grating and expanded metal; 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 Americas largest recycler.
Nucor Executive Offices: 1915 Rexford Road, Charlotte, North Carolina 28211
Phone 704-366-7000 Fax 704-362-4208 www.nucor.com