UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

CURRENT REPORT

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      

NUCOR CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

 

1-4119      13-1860817

 

(Commission File Number)

    

 

(IRS Employer Identification No.)

 

1915 Rexford Road, Charlotte, North Carolina    28211

 

(Address of principal executive offices)

  

 

(Zip Code)

Registrant’s telephone number, including area code: (704) 366-7000

N/A

(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. Parrish’s retirement. He began his career with the Corporation in 1979 and was promoted to the position of President of the Corporation’s 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

(d) Exhibits

Exhibit 99.1     News Release of Nucor Corporation dated July 1, 2010

 

2


SIGNATURE

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.

 

  NUCOR CORPORATION
  By:   

/s/ James D. Frias

     James D. Frias
    

Chief Financial Officer, Treasurer and

Executive Vice President

Dated: July 6, 2010

 

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INDEX TO EXHIBITS

 

Exhibit No.    Description
Exhibit 99.1    News Release of Nucor Corporation dated July 1, 2010

 

4

Press Release

Exhibit 99.1

 

 

LOGO

 

 

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, Nucor’s 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 Nucor’s strong record of profitable growth and our company’s unique culture. Under Mike’s leadership, our Bar Mill Group more than doubled in size to a current finished steel shipment capacity exceeding 9 million tons annually. With his team’s 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. Mike’s retirement and Jim Darsey’s 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 Nucor’s bar products business.

 

“All of us at Nucor are thankful for Mike’s 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 America’s largest recycler.

 

 

 

Nucor Executive Offices:    1915 Rexford Road, Charlotte,  North Carolina  28211

Phone 704-366-7000    Fax 704-362-4208    www.nucor.com