Nucor Corp. announced Tuesday that Daniel R. DiMicco will retire from the Board of Directors of Nucor and from his position as Executive Chairman on December 31, 2013. Nucor's Board of Directors also announced that John J. Ferriola, who currently serves as Chief Executive Officer and President of the Company, will become the Chairman of the Board effective January 1, 2014.
DiMicco served as Nucor's CEO longer than anyone since founder Ken Iverson, and he served as Executive Chairman of Nucor since January 2013. Previously, he served as Chairman of Nucor from May 2006 to December 2012, Chief Executive Officer from September 2000 to December 2012 and President from September 2000 to December 2010. DiMicco also served as Vice Chairman of Nucor from June 2001 to May 2006, Executive Vice President from 1999 to 2000 and Vice President from 1992 to 1999.
In January 2011, the Board of Directors appointed Ferriola Nucor's President and Chief Operating Officer and elected him to the Board. Ferriola has served as Chief Executive Officer and President of Nucor since January 2013.
